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Refinance and Mortgage Encyclopedia - home equity
Home equitycurrent homeHOME: Provides funds to local governments and states for new construction, rehabilitation, acquisition valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean minus the amount still owed. Home EquityThe difference between what you paidThis is the amount of tax posted as paid for the year in question, either in installment payments or for your homeHOME: Provides funds to local governments and states for new construction, rehabilitation, acquisition and what you get when you sell.
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