In the midst of an economic downturn in the US, Lethbridge Builders are looking past the downside of a slow market and are ready to educate consumers on that elusive silver lining.

Take Advantage of Home Equity

 

Equity

When you purchase a home, while the mortgage, taxes, insurance and upkeep will perhaps cost slightly more than you’ll pay in rent, part of what you’re doing is building up equity in your home.  So in addition to your property appreciation, you’re adding to your savings.  Over the long run, a new home is a financial partner that can offer you income, lifestyle and security.  You have to live somewhere ... and you can’t live in a stock certificate or a mutual fund.

Home equity vs stock prices chart