If you own a home in Denver Metro you have likely seen significant appreciation in your property since 2013. If you bought your home 4 years ago for $200,000.00 your home could be worth nearly $300,000, depending on your neighborhood's appreciation. While you may be comfortable not selling, there are a few ways to improve your financial portfolio utilizing your equity.
- Refinance to Eliminate PMI: If you currently have a FHA loan you can use the equity in your home to allow you to refinance to reduce/eliminate your monthly mortgage insurance. With a lower payment each month, you'll have more funds to do what you wish!
- Home Improvements: Projects that add value to your home can be an excellent investment. These include new items such as a roof,