GoodTaste
Key Member
- Joined
- Feb 19, 2016
- Member Type
- Student or Learner
- Native Language
- Chinese
- Home Country
- China
- Current Location
- China
One of the best parts about being a homeowner is getting to build equity in the property you own. Equity refers to the portion of your home that you own outright. If your home has a market value of $300,000 (what it could sell for today) and you owe $200,000 on your mortgage, you're left with $100,000 in equity.
Source: USAToday
Does "getting to build equity" mean "being given the permission or opportunity to build equity (the market value - such you increase the value by improving your bathroom and bedroom)"?
Source: USAToday
Does "getting to build equity" mean "being given the permission or opportunity to build equity (the market value - such you increase the value by improving your bathroom and bedroom)"?