Home equity: Difference between revisions
Content deleted Content added
Equityman07 (talk | contribs) No edit summary |
No edit summary |
||
| Line 1: | Line 1: | ||
Home equity is the difference between mortgage(s) owed on a property and the current market value. Home equity has a zero rate of return and is not liquid. Home equity management is the process of putting otherwise lazy idle dollars to work in a liquid, safe, tax favored, way to create an arbitrage. Arbitrage, simply put, is borrowing money at one rate and earning a higher rate elsewhere. |
Home equity is the difference between mortgage(s) owed on a property and the current market value. Home equity has a zero rate of return and is not liquid. Home equity management is the process of putting otherwise lazy idle dollars to work in a liquid, safe, tax favored, way to create an arbitrage. Arbitrage, simply put, is borrowing money at one rate and earning a higher rate elsewhere. |
||
== external links == |
|||
*[http://womeninquire.com/home/equity.html Home Equity Article] |
|||
Revision as of 19:57, 13 March 2007
Home equity is the difference between mortgage(s) owed on a property and the current market value. Home equity has a zero rate of return and is not liquid. Home equity management is the process of putting otherwise lazy idle dollars to work in a liquid, safe, tax favored, way to create an arbitrage. Arbitrage, simply put, is borrowing money at one rate and earning a higher rate elsewhere.