By the time the average American reaches 65 years of age, 75% of their personal wealth will come from their home equity. Homebot is a financial planner that enables you to maximize the wealth from the single largest asset you will ever own.
By the time the average American reaches 65 years of age, 75% of their personal wealth will come from their home equity. Homebot is a financial planner that enables you to maximize the wealth from the single largest asset you will ever own.
Should have refinanced 4 years ago.
TIP: If Joe had known when to refinance four years ago, he’d be $125,543 richer at the end of his payments. Joe didn’t have the time or confidence to understand the market and finance variables. We get it. It can be complicated. But, Homebot makes it easy. Homebot understands your current position, including rates, term, equity and compares this to current market data to tell you precisely when to refinance and at what terms — and how much wealth you will build as a result.
Could have paid down mortgage more quickly.
TIP: Putting just $200 more toward her mortgage every month would have saved Sarah $66,263 and shaved 9 years off her loan. You’ve heard about this concept but wonder what it could mean for you, specifically. Homebot brings the money home by telling you precisely how much you’ll save based on whatever you can tell it you can afford and even tells you how you could earn those extra principal payments by renting out a room on AIrBnB, even for just a few nights a month.
Strategic Remodeling Could've Yielded Larger Profits
TIP: Becky sold her house in 2015 for $415,000 and made a nice profit of $45,000. Had she spent $12,000 to finish her basement, she would have made $58,000 more. Homebot knows your remodel and finish potential and tells you precisely how much you could make and what it would cost to get there.
Didn't Utilize His Home Equity to Get out of Debt
TIP: Jack finally paid off his high-interest credit card debt — but spent $38,000 more than he should have. He didn’t realize he could have used the equity in his home to “be his own bank” at a significantly lower interest rate. Homebot tells you what you can do with the equity in your home to get out of debt more quickly and while paying yourself back in the process.
:: homeownersAs a Homeowner, you probably realize you should maximize the wealth in your home. And, like most, you probably realize there are many different ways to do so. But, it’s easy to get confused and you just don’t have the time to figure it out.
Homebot gives you the answers. Homebot shows you exactly what you can do when and precisely how much wealth you will build.
Want More? :: lendersHomebot understands over 70% of your business comes from existing homeowner relationships and referrals. Homebot enables you to help your homeowners build wealth, understand when to refinance, draw a credit line and more. Homebot is a counterpoint to the “bulk, nameless, faceless, cutthroat lenders”. Homebot is highly personalized: We reach out to every homeowner each month to keep them current on their wealth-building progress.
Want More? :: real estate agentsHomebot understands over 70% of your business comes from existing homeowner relationships and referrals. Homebot enables you to help your homeowners build wealth by respecting your position as the most qualified expert to determine the most accurate valuation of homes. Homebot is a counterpoint to the “vanity valuations” from the impersonal giants.
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Homebot is excited to announce our selection into “Batch 18” of 500 Startups. Ernie Graham, CEO of Homebot, says, “Being a part of this elite group of companies is a great honor and we feel privileged to be part of Batch 18 of 500 Startups. This experience will provide additional momentum and further propel Homebot’s exciting trajectory.”
Homebot joins 45 other exciting startups from around the world as a member investment in “Batch 18” of the San Francisco-based accelerator, 500 Startups. Overall, according to founding partner, Dave McClure, 500 Startups now have over 1,500 investments spanning 60 countries.