Despite three years of solid recovery in home prices, a surprising number of homeowners underestimate what their home is worth and, consequently, the amount of home equity they have gained.
Even more striking, 57 percent of homeowners said they believe their home value has improved in the last three years however the majority, 80 percent, underestimated the amount of value it has gained.
The survey was based on interviews with 1,000 borrowers, split evenly between men and women.
Call me today to find out your true home worth.