The cost of owning a home is on the rise — and other living expenses continue to increase as well. In fact, according to our recent survey, 79.5% of homeowners say costs are rising faster than their income. But did you know that understanding financial ratios, like the 28/36 rule, can help you take back control? Save this for the next time you look at your monthly budget. #homeownership #costofliving #costoflivingcrisis #hometap #fyp
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Wondering how a Hometap Investment works? It’s an investment in your home’s future value. Here’s are the basics: 💵 Get cash up front to use however you need. 🚫 No monthly payments for the life of the Investment. 📈 When you settle the Investment, Hometap gets a previously agreed-upon percentage based on multiple factors, including your home’s value at the time.
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There's a common misconception that if you're not planning to sell your home any time soon, there's no great need to know how much equity you have. There are a whole lot of reasons that isn't true. So, do you know? Find out (and continue to track it) with your own Home Equity Dashboard. Sign up for free in 2 minutes at hometap.com/dashboard #homeequity #homevalue #homeownership
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