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eBook The Home Equity Survival Guide download

by Mike Moebs,Ken Williams

eBook The Home Equity Survival Guide download ISBN: 0884627357
Author: Mike Moebs,Ken Williams
Publisher: Longman Financial Service (May 1, 1988)
Language: English
Pages: 202
ePub: 1553 kb
Fb2: 1269 kb
Rating: 4.3
Other formats: mobi docx rtf lrf
Category: Work and Money
Subcategory: Economics

by G. Michael Moebs and Ken Williams.

by G.

Home equity is the market value of a homeowner's unencumbered interest in their real property, that is, the difference between the home's fair market value and the outstanding balance of all liens on the property. The property's equity increases as the debtor makes payments against the mortgage balance, or as the property value appreciates. In economics, home equity is sometimes called real property value.

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Identifies the tax advantages of home equity loans, tells how to select the right loan, and explains how to avoid common home equity pitfalls