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Everybody paying towards a title has equity irrespective of current ownership. The owners that do not have a mortgage do not suffer the penalties of interest th
by austin-cheney 1y ago
Everybody paying towards a title has equity irrespective of current ownership. The owners that do not have a mortgage do not suffer the penalties of interest that compounds over time.
- andsoitis 1y ago> The owners that do not have a mortgage do not suffer the penalties of interest that compounds over time. they either paid off a mortgage or they bought cash. if they bought cash, the paid an opportunity cost because they could not use that cash to invest elsewhere.