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December 27, 2006
Home Equity
While on the look out for your dream homes, you might have come across the terms "equity" and "home equity loans." Let us understand them. What Is Equity? Suppose the value of your home is $ 200,000 and the mortgage value is $50,000. So, the equity value of your home is $150,000. Thus, equity can be said as the difference between the value of your home and the mortgage
From Home Equity
Posted by Peter at December 27, 2006 02:17 PM
