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homeowner's equity

См. также в других словарях:

  • homeowner's equity account — A credit line offered by mortgage lenders allowing a homeowner a second mortgage that uses the equity present in the customer s account as collateral. Bloomberg Financial Dictionary …   Financial and business terms

  • homeowner's equity loan — See equity loan …   Black's law dictionary

  • homeowner's equity loan — See equity loan …   Black's law dictionary

  • Equity stripping — Equity stripping, also known as equity skimming or foreclosure rescue, is any of various predatory real estate practices aimed at vulnerable, often low income, homeowners facing foreclosure in the United States. Often considered a form of… …   Wikipedia

  • equity of redemption — 1: the right of a defaulting mortgagor to redeem the mortgaged property before an absolute foreclosure 2: the interest or estate remaining to a mortgagor in mortgaged property; also: the value of such interest Merriam Webster’s Dictionary of Law …   Law dictionary

  • Home-Equity Loan — A consumer loan secured by a second mortgage, allowing home owners to borrow against their equity in the home. The loan is based on the difference between the homeowner s equity and the home s current market value. The mortgage also provides… …   Investment dictionary

  • Home Equity Protection — generally comes in the form of a contract that pays the buyer of protection if a particular home price index declines in value. The buyer of protection is typically a homeowner that wishes to protect the value of their home [cite web… …   Wikipedia

  • Maxims of equity — The maxims of equity evolved, in Latin and eventually translated into English, as the principles applied by courts of equity in deciding cases before them.[1] Among the traditional maxims are: Contents 1 Equity regards done what ought to be done… …   Wikipedia

  • Home Equity Line Of Credit - HELOC — A line of credit extended to a homeowner that uses the borrower s home as collateral. Once a maximum loan balance is established, the homeowner may draw on the line of credit at his or her discretion. Interest is charged on a predetermined… …   Investment dictionary

  • Home equity — is the value of a homeowner s unencumbered interest in their property, i.e. the difference between the home s fair market value and the unpaid balance of the mortgage and any outstanding debt over the home. Equity increases as the mortgage is… …   Wikipedia

  • Gift Of Equity — The sale of a home made to a family member or someone with whom the seller has had a previous relationship, at a price below the current market value. The difference between the actual sales price and the market value of the home is called the… …   Investment dictionary

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