The "purchasing power" module allows homeowners to see what they could potentially afford using the equity in their home, such as buying a second home as an investment property or trading up to a bigger home.

This provides homeowners with specific, actionable information about what they can actually do with their equity with the ability to contact you at the click of a button.

See a tour of this module below:

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Learn more about the purchasing power options below:

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  • Get your dream home - In this scenario, the homeowner sells their current home and uses that money (minus 7% selling costs) as a downpayment on their dream home.
  • Buy a rental property - In this scenario, the homeowner can take out equity up to 70% combined loan-to-value and use it as a 30% down payment on a rental property. If the homeowner doesn't have 70% combined loan-to-value, they will see alternative information suggesting they wait until they have enough equity.
  • Rent your home and buy another: In this case, the homeowner uses up to 80% combined loan-to-value in equity to make a 25% down payment on their new home. Then, after moving, they keep and rent their old home.
  • Sell and pocket the cash: Easiest scenario of all. The homeowner sells their house and pockets the full equity minus 7% selling fees on the final sales price.

Please note: These modules only display when a homeowner has more than 20% equity, totaling at least $25,000 or more. 

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Next: Click here to learn what happens when your client starts a property search

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