“Discover life-changing factors to unhinge serious cash flow through your own assets, that is, your home equity, without spending a dime.”
We Canadians trust and love our organizations with our heart and soul, completely, without any doubt. To think of them betraying us, hiding opportunities, doesn’t seem fair, right?
They are quick to offer you loans, fixate on taxes, and carry around several financial plans all around the year. And they just keep going. Like there’s nothing to stop them, and yes, because they do it legally. Almost like with government corporation.
But let us break a little secret for you, they can drag your buildings down, all they want. But, and it’s a BIG but, they can’t take your homes from you. You’ve struggled to be in the right place, saved up for years, and paid different mortgages. And to come to what?
Your home equity – Your asset. It’s your house’s value that you can cash in to create a fortune.
What Is Home Equity?
Most Canadians are unaware of the concept of home equity, which is basically the standard difference between the original market price and the amount owed on mortgages, and this is the owners’ rightful property.
Not even banks can cash this sum, and excitingly, it’s free from taxes. Isn’t this great?
Home Equity Insights Banks Keep Hidden
At GoGetALife, we aim to align you with unlocking doors on how to benefit from what we call “banks’ secret stash.” And home equity is one of the spices in this secret sauce.
If you’ve come this far, you should acknowledge that building wealth is one thing, protecting it is another. But wait, we’ve got more for you. Using and investing your wealth smartly is the third tactic you need to learn.
This one is like a triple-base dessert we’re offering you. Keep digesting and read more below.
1. Sitting Empty Will Do You Empty.
By nature, money can either grow, transfer, or erode. But it is immune to dying. By sitting idle and not using your home equity, you think you are doing the right job. But think for once, what’s best for you and your children? Ditch maintaining the status quo and plan smartly, use this amount hidden as home equity. It’s legal, and what good is its loss, even bringing to you?
2. Time And Tide Wait For None.
This tough time calls for attention, for change, and also asks you to become reality-based. No person is going to live beyond what? A smart guess, 70-80 years or a 100 maybe? And after that, what?
And also the word won’t sit in the same chair for all these years. It is evolving every day, and it will continue to do so. While others change and get pretty high, do you want to be the one stranded on Mars? Face it, someday it will be your death day, and the world is not the same, and is not going to wait for you in the future as well. So you’d better plan for that stuff starting now.
3. Fund Yourself – From Home.
Your home equity is a hidden leverage. It’s one financial source only you know of, and only you can use it however you like. This equity amount is your steady start-up plan if you wish to start a business, or a company, whatever. This will be your financial source, the way you can achieve stability and assurity.
Instead of gaining trouble by going to banks and asking for high-interest loans, that too while keeping your house on pledge. Isn’t your home equity a better way to do things than?
4. Mortgages Never Overpay, They Overdue.
There’s no need to count on additional loans and pay a hundred more taxes when you can simply tap into your own money. Your home equity allows you to refund if you’ve overpaid your share, or even paid it ahead of time. Most banks dont tell you this until you confer with them, because this home equity reverse tactic is what costs them and cashes you.
5. Cash Without Selling.
Every person is tired of taxes and wants to be free from them. The truth is, you can – but very few people know of it. There’s a simple explanation for this very concern. Ever heard of a reverse mortgage? This is when you convert your home equity into a completely tax-free income structure after retirement. That means no need for monthly payments or RRSPs.
GoGetALife has changed many people’s lives and helped them gain the financial status they longed for. Banks, schools, or other functional institutions will never tell you what benefits you. And why are we telling you this? Because we our one of you.
So use your home equity with purpose, and if you want more tips like this, you can come to us whenever you like.
