A homeowner's financial "ownership" of a property. Equity is the difference between the fair market value of the property and the amount still owed on its mortgage.
These resources are brought to you by the Cooperative Extension System and your Local Institution
eXtension is an interactive learning environment delivering the best, most researched knowledge from the smartest land-grant university minds across America.
eXtension: more mind reachHave a question? Try asking one of our Experts
A homeowner's financial "ownership" of a property. Equity is the difference between the fair market value of the property and the amount still owed on its mortgage.
Unlike most other resources on the web, we have experts from Universities around the country ready to answer your questions.