Reading Into Home Equity
Home Equity is a big buzz word when it comes to buying foreclosures and bank foreclosed real estate, and for good reason. Home equity has a huge amount to do with how much a piece of real estate will go for at foreclosure auction. But to understand how to read into a property’s home equity to determine whether or not it’s worth pursuing at auction, you have to first understand how it is accrued and what it means.
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