Homebot is an easy to use, digestible web program that provides homeowners with accurate, customized financial insights regarding their home to help maximize wealth and plan ahead. The software pulls data from local listings and public records in your area to provide accurate, up-to-date home value estimates to keep you informed regarding your home’s worth. It updates regularly, so check in monthly, quarterly, or whenever you are curious.
In addition to being able to see your home’s value, Homebot estimates the home equity you have earned based on your mortgage payments. With this information, the software also provides personalized refinance scenarios, rental potential for the home, and financial information about trading up for a new home. It also provides calculations regarding your mortgage loan balance, paying it off earlier, and saving money overall by paying less interest. All of this comes with tangible data and cost analyses outlining exactly what you could save or earn. The scenarios make it easy to visualize exactly how your finances will be affected which can help you weigh your options.