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Gift of equity?
Equity is the difference between the actual sale price and the market value of a item such as a home. If a sale in made to a family member or with someone in which the seller has had a previous relationship with at a discounted or below market value price, this is known as a gift of equity. Most lending places will allow a gift of equity to be used as a down payment on the sale.
What loan is best to pay off the balance of a home equity loan after the sale of the house?
There should be no balance. The sale of the home will probably wipe out the balance of the home equity loan if there is negative equity. Depending on your state, a home equity loan lender may ask for funds from the seller in order to release their lien, especially if the the funds for the home equity loan were used for non-home improvement items. The lender may ask for funds from the seller in order to release their lien in these cases. Can they legally? Possibly. There is a federal forgiveness bill that was passed as far as taxation goes, but there is criteria that has to be met.
What is the singular possessive of equity?
The possessive form of the singular noun equity is equity's.
What is net new equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?
The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.
What is customer equity?
Customer Equity, the Percentage of Equity of the Buyer in the Assets of the Supplier. Edit Talk 0 10PAGES ONTHIS WIKICustomer Equity or Customer's Equity, CE, - Consumer Equity or Client Equity (also Buyer's Equity) -, is the percentage of equity of the buyer in the assets of the seller/supplier.Customers shoppingIn free market the Seller (producer/supplier/business), in general, defines a higher price for the Buyer (customer, consumer, client) to pay for the seller's products and/or services, bearing in mind the cost of various business tools/means (facility, equipment etc) the seller needs to operate, apart from consumables, which finally become its assets.That is to say if the seller/supplier were provided with the tools/means to operate (building facility, machinery, furniture/equipment etc) by the customers, it should charge them less for the acquisition of goods/services, permanently (purchase) or temporarily (lease, rent, use only), and all such assets -ownership equity - theoretically, should belong to the buyers/customers and shared between them
What is a seller's second mortgage?
The seller assigns keeps the first mortgage in his name, the buyer makes payments to the seller to cover the first mortgage and the sellers equity. It's sometimes called "seller financing" or "land contract".
Gift of equity?
Equity is the difference between the actual sale price and the market value of a item such as a home. If a sale in made to a family member or with someone in which the seller has had a previous relationship with at a discounted or below market value price, this is known as a gift of equity. Most lending places will allow a gift of equity to be used as a down payment on the sale.
What loan is best to pay off the balance of a home equity loan after the sale of the house?
There should be no balance. The sale of the home will probably wipe out the balance of the home equity loan if there is negative equity. Depending on your state, a home equity loan lender may ask for funds from the seller in order to release their lien, especially if the the funds for the home equity loan were used for non-home improvement items. The lender may ask for funds from the seller in order to release their lien in these cases. Can they legally? Possibly. There is a federal forgiveness bill that was passed as far as taxation goes, but there is criteria that has to be met.
Difference between equity and owner's equity?
EQUITY:- Equity is the term in which liability is introducedOwner Equity :- Owner Equity is the term in which liabilty and owner capital is introduce...it is some time called Equities....
What is net equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is the singular possessive of equity?
The possessive form of the singular noun equity is equity's.
What is net new equity?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
What is Possessive form of seller?
The possessive form of "seller" is "seller's."
What is the possessive form of seller?
The possessive form of "seller" is "seller's."
What is the equity multiplier if a company has a debt equity ratio of 1.40 return assets is 8.7 persent and total equty is 520000?
The equity multiplier = debt to equity +1. Therefore, if the debt to equity ratio is 1.40, the equity multiplier is 2.40.
What is Net new equity raised?
net new equity is given by the formula; new equity-old equity- addition to retained earnings
