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The value of the house has drastically increased from when we first bought it and if there’s a way to get any of that equity out in cash without affecting or increasing the mortgage that would be great
Taking equity out of the house is essentially like taking out a loan against the house. If youre patient, you could save money now and wait a little for home prices to be more realistic and possibly rates to go down in about a year or two. Home prices are up at an unrealistic rate especially in arizona despite what other may argue. The data proves it.