Equity

A homeowner's financial interestThis is the amount that is imposed when payment is remitted after the due date. in a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself.. Equity is the difference between the fair market valueWhat a qualified buyer will pay for goods, services, or property. of the property and the amount still owed on its mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security.. A lenderThe entity that provides loan funds to the borrower. Depending on the type of loan, the lender may be determines how much equity you have in your homeHOME: Provides funds to local governments and states for new construction, rehabilitation, acquisition by taking the appraised valueThe value of a property at a given time, based on facts regarding the location, improvements, etc., of the home and subtracting any mortgage debtThat which is due from one person or another; obligation, liability.. For example, if your house is valued at $150,000 and your mortgage balanceThe amount in an account or the remaining amount due on a loan. is $80,000, you have $70,000 equity in the house.

Equity

An accountingThe process of recording, summarizing, and allocating all items of income and expense of the company termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period used to describe the net investmentThe utilization of money in the expectation of future returns in the form of income or capital gain. of owners or stockholders in a business. Under the accounting equation, equity also represents the result of assetsAny item with measurable value. less liabilitiesYour debts and other monetary obligations..

Equity

An ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe).'s financial interestThis is the amount that is imposed when payment is remitted after the due date. in a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself.; calculated by subtracting the amount still owed on the mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. loon(s)from the fair market valueWhat a qualified buyer will pay for goods, services, or property. of the property.

Equity

As used on a trading account statementA statement of a loan account provided by the lender or servicing agent for the loan. This document, refers to the residual dollar valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean of a futuresSee Futures Contract. or optionThe unilateral right to do something. For example, the right to renew a lease or purchase a property. trading account, assuming it was liquidated at current prices.

Equity

In housing markets, equity is the difference between the fair market valueWhat a qualified buyer will pay for goods, services, or property. of the homeHOME: Provides funds to local governments and states for new construction, rehabilitation, acquisition and the outstanding balanceThe amount currently owed on a loan. on your mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. plus any outstanding home equityThe difference between what you paid for your home and what you get when you sell. loans. In vehicle leasing markets, equity is the positive difference between the trade-inAn increasingly popular method of guaranteeing an owner a minimum amount of cash on sale of owner's or market valueThe current or prevailing price of a security or commodity as indicated by current market quotations, of your vehicle and the loanTransfers for which the recipient incurs a legal debt and repayment is required over time, with or without payoff  amount.

Equity

In real estateThe physical parcel of land and all improvements permanently attached. An identified parcel or tract, the difference between fair market valueWhat a qualified buyer will pay for goods, services, or property. and current indebtedness; also referred to as the owners interestThis is the amount that is imposed when payment is remitted after the due date..

Equity

In real estateThe physical parcel of land and all improvements permanently attached. An identified parcel or tract, the interestThis is the amount that is imposed when payment is remitted after the due date. or valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean of the real estateThe ownership interest of an individual in real property. The sum total of all the real property and over and above the amount of the indebtedness thereon.

Equity

Ownership interestThis is the amount that is imposed when payment is remitted after the due date. in an assetThe entire property of a person, association, corporation, or estate applicable or subject to the payment of debts. after liabilitiesYour debts and other monetary obligations. are deducted.

Equity

The amount left over when you subtract the amount you owe on a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. from the valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean of the property.

Equity

The difference between the current market valueThe current or prevailing price of a security or commodity as indicated by current market quotations, of a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. and the total amount of outstanding liens against the property.

Equity

The difference between the market valueThe current or prevailing price of a security or commodity as indicated by current market quotations, of a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. and the homeowner's outstanding mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. balanceThe amount in an account or the remaining amount due on a loan. plus all other liens on the property. If you owe $100,000 on your house but it is worth $130,000, you have $30,000 of equity.

Equity

The difference between the market valueThe current or prevailing price of a security or commodity as indicated by current market quotations, of a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. or homeHOME: Provides funds to local governments and states for new construction, rehabilitation, acquisition and the amount owed on that property.

Equity

The difference between the market valueThe current or prevailing price of a security or commodity as indicated by current market quotations, of the propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. and the homeownersCoverage for homes, including dwelling coverage. Protects owners and tenants against losses or damage mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. debtThat which is due from one person or another; obligation, liability..

Equity

The difference between what your house is worth and what you owe on it. For example, if your house is worth $150,000 and you owe $100,000, your equity is $50,000.

Equity

The interestThis is the amount that is imposed when payment is remitted after the due date. or valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean which an ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe). has in real estateThe physical parcel of land and all improvements permanently attached. An identified parcel or tract over and above the liens against it. Branch of remedial justice by and through which relief is afforded to suitors in courts of equity.

Equity

The market valueThe current or prevailing price of a security or commodity as indicated by current market quotations, of real propertyThe type of property ascribed to real estate investments, such as houses, land, buildings, retail stores, malls, etc., less the amount of existing liens. Equity build-upThe increase of owner's equity in property due to mortgage principal reduction and value appreciation. is the reduction of principalThis term is used to mean the employer of an agent; or the amount of money borrowed, or the amount of on a mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security. or deed of trustThe document used in some states instead of a mortgage; title is conveyed to a trustee. In some states, by periodic payments, which increases (builds-up) the difference (equity) between the propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean and amount of the lienWhen a borrower fails to satisfy a debt, the lender may claim ownership of tangible property the borrower.

equity

The ownershipThe right of one or more persons to possess and use property to the exclusion of all others. A collection interestThis is the amount that is imposed when payment is remitted after the due date. of stockholders in a company. Also, the excessDesignates real property which is no longer required by the Federal agency accountable for it. of the market valueThe current or prevailing price of a security or commodity as indicated by current market quotations, of securitiesFinancial forms that shows the holder owns a share or shares of a company (stocks) or has loaned money over debitAn entry in an account that shows an amount paid out or owed. The opposite of a credit to an account. balances in a marginThe number of percentage points the lender adds to the index rate to calculate the interest rate of account. (See Margin)

Equity

The valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean in your homeHOME: Provides funds to local governments and states for new construction, rehabilitation, acquisition above the total amount of the liens against your home. If you owe $100,000 on your house but it is worth $130,000, you have $30,000 of equity.

equity

The valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean of a debtorThe person or entity that borrows money. The term debtor may be used interchangeably with the term borrower.'s interestThis is the amount that is imposed when payment is remitted after the due date. in propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. that remains after liens and other creditors' interests are considered. (Example: If a house valued at $100,000 is subject to a $80,000 mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security., there is $20,000 of equity.)

Equity

the valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean of a debtorThe person or entity that borrows money. The term debtor may be used interchangeably with the term borrower.'s interestThis is the amount that is imposed when payment is remitted after the due date. in propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. that remains after liens and other creditors' interests are considered. (Example: if a house valued at $60,000 is subject to a $30,000 mortgageIncludes all forms of debt for which real property, that is, land and/or buildings, is given as security., there is $30,000 of equity.)

equity

The valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean of a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. beyond any liens against it. Also referred to as ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe).'s interestThis is the amount that is imposed when payment is remitted after the due date..