4 ms·
a car that they might not even be able to drive. I never understood why people consider equity to be essentially equivalent to liquid money.
by internet_user 7y ago
a car that they might not even be able to drive.
I never understood why people consider equity to be essentially equivalent to liquid money.
- 2arrs2ells 7y agoBecause home equity is highly liquid. You can refinance your mortgage (and take money out), or take out a reverse mortgage (which pays you monthly in exchange for eventual ownership), or a home equity loan. Tons of ways to turn your home equity into cash.