05-29-2007, 12:09 PM
Market fluctuations, demographic location, and owner upkeep all play an essential role in the value of your home. Your equity is the difference of what you owe on your mortgage(s) and the current market value of your property.
In many cases equity takes time to build up any substantial amount. Of course when the market turns on a flat or downward spiral you can lose a substantial amount of equity if you are not prepared for it.
for more tips about real estate please visit:http://worldrealestatetips.blogspot.com/2007/04/3-ways-to-build-equity-in-any-real.html
License info: Unlicensed
In many cases equity takes time to build up any substantial amount. Of course when the market turns on a flat or downward spiral you can lose a substantial amount of equity if you are not prepared for it.
for more tips about real estate please visit:http://worldrealestatetips.blogspot.com/2007/04/3-ways-to-build-equity-in-any-real.html
License info: Unlicensed
Australia