Sometimes the house of your dreams is the one you're already living in.
Maybe it just needs some new landscaping, an extra wing for your growing family, an expanded kitchen, or a swimming pool in the backyard. A record number of Canadians have taken advantage of the historic low mortgage rates and rising real estate values and have tapped into their home equity through equity take-outs. There's never been a better time to access the extra funds that can help bring your home to that next level of comfort. Consider accessing the cash you need for the renovations and improvements you've been dreaming about.
Your home equity can be a valuable financial resource not only for renovations and home inmprovements, enabling you to access credit at rates that are generally lower than other forms of borrowing but for may other reasons as well:
- Second properties
- Debt consolidation
- Education / University
- Unexpected expenses
- New business/Self employment
- Retirement planning i.e. supplement income, freedom to travel, home care, pay for ongoing bills like property taxes
- Create a financial buffer for future needs
- To see if unlocking some of your home equity works for you, contact me for a free review of your current situation and future goals. I can advise how much equity you can leverage and what your monthly payments would be. You may be surprised at the power of your home equity.
Give me a call today!