What Is Home Equity and How Does It Work?
Freshome Design & Architecture Magazine
MARCH 13, 2020
ITTIGallery/Shutterstock. What is equity? You’ll often hear the term equity when it comes to homeownership, but you may not even know what that means even if you already own a home. The amount of money you receive when you sell your house, minus any debt associated with it, is equity. When looking at it from an investment point of view, the owner of the asset (probably you in this case) is referred to as a stakeholder.
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