Just because your home’s value went up doesn’t mean you have equity. Let’s break it down: Home value = $400K Loan balance = $380K Closing costs, agent fees = $30K–$40K At best, you walk away with $360K–$370K But you owe $380K That’s negative equity, and it’s more common than people think. The market may look strong on paper, but once you factor in costs, many sellers are underwater and don’t even know it. | Ken McElroy
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1K views · 26 reactions | What an incredible three-day journey it was at this year's Limitless Expo I felt privileged to be in the same zoom with so many brilliant minds, captivating speakers, and promising future leaders. | Ken McElroy | Facebook
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19 reactions · 5 comments | Locking in your mortgage rate isn’t just a decision. It’s a strategy. Think of it like insurance on your future cash flow Comment #Single to learn more! | Ken McElroy | Facebook
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2.4K views · 288 reactions | The Incredibles story of a Chicago veteran who went from living on the streets to helping thousands of unhoused veterans like herself, find a place they could finally call their own. https://wgntv.com/news/remarkable-women/from-unhoused-to-homeowners-chicago-womans-remarkable-journey-helps-fellow-veterans/amp/ | Erin McElroy | Facebook
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4.2K views · 39 reactions | A 50-year mortgage?! If you’re a boomer, this might sound crazy. If you’re 30 and trying to buy your first home, it might sound like relief: | Ken McElroy | Facebook
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2.3K views · 78 reactions | Cardinal Robert McElroy said goodbye to San Diego Thursday as he becomes Archbishop of Washington, D.C., after 10 years as the Bishop of the Roman Catholic Diocese of San Diego. “Part of my heart will always be here in San Diego. It has been a tremendously joyous 10 years for me,” McElroy said. | 10News – ABC San Diego KGTV | Facebook
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