Posts

Equity-what Is It And How To Know

htanguay profile photo
  • Tuesday, October 28, 2003 @ 08:55 PM EST
  • 1 Comments
Could somebody please explain equity and how to find out how much equity is in a home. Thanks Heidi[ Edited by htanguay on Date 11/02/2003 ]
  • (1) Comments
  • Score(0)

Comments(0)

  • bobo2
    bobo228th October, 2003
    0
    Reply

    Equity in a business venture is the value of the owners share. In the case of a house, subtract the balance of the loan from market value and you have equity.

Please Sign In to Comment.