The cost of owning a home is on the rise — and other living expenses continue to increase as well. In fact, according to our recent survey, 79.5% of homeowners say costs are rising faster than their income. But did you know that understanding financial ratios, like the 28/36 rule, can help you take back control? Save this for the next time you look at your monthly budget. #homeownership #costofliving #costoflivingcrisis #hometap #fyp
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Home maintenance needs can vary year to year, and you never know when something’s going to require a repair. Adding a line item to your budget for unexpected costs can better prepare you when a window, boiler, or fridge happens to break. #fyp #homeownership #hometap #personalfinance #diy
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Closing costs can be 2-5% of your home's sale price. When buying a home, that could mean thousands of dollars you need to budget for beyond your down payment. Knowing these costs up front can help you make smarter financial moves and avoid surprises during the buying or selling process. #homeownership #costofliving #costoflivingcrisis #hometap #fyp
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Wondering how a Hometap Investment works? It’s an investment in your home’s future value. Here’s are the basics: 💵 Get cash up front to use however you need. 🚫 No monthly payments for the life of the Investment. 📈 When you settle the Investment, Hometap gets a previously agreed-upon percentage based on multiple factors, including your home’s value at the time.
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