Connect with knowledgeable experts and enthusiasts on IDNLearn.com. Join our knowledgeable community and get detailed, reliable answers to all your questions.
The James family purchased a home for $180,000 five years ago and obtained an 80% LTV loan. Now the property has appreciated 25%. In addition, the loan has been paid down $11,000. What is the James’s current equity in the home?
Sagot :
We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. IDNLearn.com provides the answers you need. Thank you for visiting, and see you next time for more valuable insights.
