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ioda
3 years ago
14

What is home equity?

Social Studies
2 answers:
Arisa [49]3 years ago
6 0


Home equity is the market value of a homeowner's unencumbered interest in their real property—that is, the difference of the home's fair market value and the outstanding balance of all liens on the property.
Leokris [45]3 years ago
5 0

The correct answer to this question is:

B.) The difference between a home's market value and the homeowner's outstanding loan amount

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