Re: HGTV Dream House Giveaway

RaeMorrill <RaeMorrill@xxxxxxx> wrote here for all to
seenews:729Cf.104954$XJ5.54270@xxxxxxxxxxxxxxxxxxxx:

> worth 100,000 dollars I have 100,000 in equity.
>
> If I bought my house for 100,000 dollars 10 years ago and have paid the
> loan down to 80,000, if the real estate market was fixed at that value
> I'd have 20,000 in equity. However, as the market is generally not fixed
> and usually goes up, now my house is worth 200,000 it means I have
> 220,000 in equity. ..... I think....

This could be wrong and I am incredibly tired from softball practice but I
thought equity was what it was worth versus what you paid for it.
Wait...the way you said it sounds right too. Told you I was tired!
.

Relevant Pages

  • Re: HGTV Dream House Giveaway
    ... > was established from what you have paid and put into the house over ... How can you have equity in a house that you haven't ever ... worth what it is worth regardless of whether or not they paid anything for ...
    (sci.med.transcription)
  • Re: Apple and EMI
    ... it's worth anything else. ... because someone paid for them is a house of cards. ...
    (uk.comp.sys.mac)
  • Re: How to become a Dragon?
    ... >> If it was valued at £1.5M and then they paid ... If they thought it might be worth £1.5M in the future, ... wouldn't pay 10% of that now for 10% of the equity, ... Have you never tried listening to the figures that the Dragons actually say ...
    (uk.finance)
  • Re: HGTV Dream House Giveaway
    ... established from what you have paid and put into the house over the years. ... How can you have equity in a house that you haven't ever paid a cent on? ... >> But would a bank loan money on a house to which one does not have title? ...
    (sci.med.transcription)
  • Re: House Envy
    ... >>>house we live in, and whether The Mullen owns this or that car, these ... >> Just for the record I'll bet my house is worth more than most on here - ... >> housing boom round here makes my house over 3 times what I paid. ...
    (uk.media.tv.misc)