Equity is the financial interest or cash value of your home, minus the current loan balance(s). If selling the home, this would also be minus any costs incurred in selling the home. If you\'re buying a home and don\'t have very much money for the down payment, you may want to find out if the seller would be interested in \"sweat equity\". This would allow you to perform the labor on any needed repairs and maintenence to the home, (such as outside repairs, painting or electrical work) in exchange for credit towards closing costs.
To browse our Real Estate FAQ terms please click the following link: Real Estate FAQRealEstateAgent.com is dedicated to provide the most up to date Commercial Real Estate Questions and Answers available in today's market, we invite you to contact our Featured Real Estate Agents so they can assist you with any Commercial Real Estate Questions you may have.
First Colonial Realty
Mobile: 1-954-445-0220Send Email Website Agent Listings Driving Directories
"My Commitment to You In the least amount of time possible, I will get you the best price on a home that is perfectly suited to your needs and lifestyle, not just today, but for years to come. The Best Service, The Best Results Choosing a real estate" ... view more
Coral Shores Realty
Office: 1-954-668-9056Send Email Website Agent Listings Driving Directories
" "Susie Sells by the Seashore" I specialize in vacation condos & single family homes in the Southeast Florida beach and downtown areas of Hollywood, Hallandale Beach, Fort Lauderdale Beaches and Sunny Isles Beach. I also specialize in relocation, for many of my vacatio" ... view more