When residential property is originally constructed, it is designed to meet the requirements of the owner and reflects market standards at that time. Then as time passes, properties age, the market changes, and often the needs of the owner change. Value still exists, but change needs to occur for the property’s potential to be realized.
Unlocking Equity is simply the concept of purchasing an existing property and by investing in it or redesigning it, and finding a new owner, realizing its full value.
