Understanding Home Equity Loans Mortgage Management For Dummies Equity may be the distinction between exacltly what the home may be worth in today’s real-estate market and just how much you currently owe upon it. For instance, if your home’s provide appraised value is $225,000 along with your outstanding home loan balance is $75,000, you have got $150,000 of house equity. Happy you. There’s only 1 small problem with all that equity in your house — its utter lack of liquidity. Having equity in your own home is not like having cash in your bank account or perhaps a shared investment you can offer any day the monetary areas are available. To have your hands on the home’s equity, you have […]