In this market, even if you just bought your home a few years ago, you've likely built some notable equity. Homebot is a really useful free service that emails you monthly home equity reports. It includes information on your home value month over month and how that's predicted to change in the future, plus a net worth estimate if you sold your house today.
Even if you have no plans to sell anytime soon, you'll have access to a wealth of useful information about your specific home and options. For example, you can explore whether refinancing (for a better interest rate or to get cash out for home improvement projects) might be beneficial. You can also see how much money you can save over the life of your loan by paying a little extra each month, and much more. I use this tool to keep an eye on my own home and I use it for my clients as well. Consider subscribing here!
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