One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this:
“Home equity is the portion of your home you’ve paid off – in other words, your stake in the property as opposed to the lender’s. In practical terms, home equity is the appraised value of your home minus any outstanding mortgage and loan balances.”
Majority of Americans Have a Large Amount of Equity
If you’ve owned your home for a while, you’ve likely built up some equity – and you may not even realize how much. Based on data from the U.S. Census Bureau and ATTOM, the majority of Americans have a substantial amount of equity right now. Leverage that equity to move up to a new home at Long Hollow Landing. Homes are ready to close this summer, but act fast! Read more on KeepingCurrentMatters.com.
Lower Your Payment Now at Long Hollow Landing
David Patterson Homes is offering a builder incentive of up to $17,500 towards a rate buy down /closing costs when you use their preferred lender; D.C. Aiken of BankSouth Mortgage as your lender. Ask how to lower your payment on select homes in Long Hollow Landing. Call 678-578-6833 today to get started.
Summer Time is Around the Corner
Long Hollow Landing is a stunning community featuring single family Urban Farmhouse style homes. The plans range in square feet from 2,606 to 3,659. Come and see these spectacular homes located on Lake Lanier. Outdoor Community Gathering Area with access to Lake Lanier, and day use of swim/fishing deck located at the end of the community docks.
Located on Lake Lanier, Long Hollow Landing has eight lake-front homesites. Long Hollow Landing is a stunning community on Lake Lanier featuring single family transitional farmhouse style homes located in the new state of the art East Forsyth High School District. Our plans are priced from 560k to 1 Million+.
Enjoy both the nature of the area and wonderful shopping and dining. It is also a quick trip to I- 985 for easy access to the best of Atlanta. Love the mountains? You are a short trip away from Dahlonega, Cleveland and Helen.
The schools include Chestetee Elementary, Little Mill Middle School and the new state of the art East Forsyth High School. According to GreatSchools.com both Chestetee and Little Mill Middle Schools are rated 8 out of 10 for test scores.
Homes Priced From the $600’s
GPS Address: 7970 Beryl Overlook, Gainesville, GA 30506
For more information call 678-578-6833
Sales Office Hours are
Monday, Friday & Saturday 11:00 am to 5:30 pm & Sunday 1pm – 5:30pm
Tuesday, Wednesday & Thursday – By appointment only