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 Request Statement Financial 2010-2025

Prob Statement Records Search 2010-2025 Form

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what is equity have you ever wondered the answer to that question what is it perhaps in a conversation you heard someone say yeah man i have a 150k in equity what does that even mean well in this video we're going to talk about that so let's say you decide to buy a house for 300 000 now we're going to keep this discussion simple we're not going to go into all of the the details and the fees of owning a home but let's say that's the current value of your home and you took out a loan or mortgage for three hundred thousand to buy the home equity is the difference between assets and liabilities your home is an asset because you can go to the market and sell it in exchange for cash it has a value the loan is a liability because it's something you have to pay back so right now your equity is zero because these two are the same but let's say in five years the value of your home appreciates to four hundred thousand so that means t

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