equity buildup
equity buildup
The gradual increase in a person's equity in property because of the monthly payments of principal that reduce a loan amount.
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There is no equity buildup in order to have home equity loans in order to buy cars, boats, what have you.
Coal Asia's equity buildup after this IPO is seen to allow subsidiary Titan Mining and Energy Corp.
Cash flow, tax shelter, hedge against inflation and equity buildup allow you to pay living expenses, reduce your taxable income, protect you from plummeting dollar amounts and provide you with equity that you can tap into to make additional investments.
With little or no down payment and little or no equity buildup, the only "cushion" that the homeowner has when tough times come lies in the hope for constantly increasing home values; but that is precisely what stops happening in tough times.
So what becomes of that great equity buildup during the first half of the decade?
Subject to the premium rate rules described above, ongoing pre-September 17 arrangements arguably may operate as in the past, without participants recognizing as income the equity buildup within the policy in excess of the amount needed for premium reimbursement ("excess policy equity").
The resulting jobs and equity buildup for new-home buyers would help our economy blossom like a neatly tended garden.
American consumers are using the equity buildup in their homes over the last decade to finance their current financial needs and future investment strategies.
For the first time, the IRS took the position that the equity buildup was taxable each year to the insured under IRC section 83, which taxes transfers of property in connection with the performances of services.
The next line adjusts the mortgage/equity-weighted average for the equity buildup that accrues to the investor as the mortgage is paid off, and this adjusted rate is known as the basic rate (r).
The faster equity buildup will leave the homeowner with more cash in hand if the home is sold prior to the scheduled loan payoff date.
The poor property owner, who either has a variable-rate mortgage or variable-rate home improvement loan, finds they are charged more interest and have less equity buildup or payment on the balance of their loan.
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