The Real Estate Encyclopedia
What Is Equity Build-up?
Category - Mortgage Questions - Mortgage Loans FAQ's

Equity build-up occurs through the gradual reduction of outstanding principal due on the mortgage, usually through periodic amortized payments.  Such payments build up the difference (equity) between the property value and amount of remaining debt.  (The Language of Real Estate, Fifth Edition, by John W. Reilly.)



References
 
Category(s)
Mortgage Questions - Mortgage Loans FAQ's
Home Ownership Questions - General Home Ownership FAQ's
Real Estate Information Sources - General Real Estate Information
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