Negative Equity occurs when the value of an asset falls below the outstanding balance on the loan which was used to purchase that asset.
Negative equity is calculated by deducting the balance on the outstanding loan from the value of the asset.
In other words, it is basically the result of having made a bad investment decision.
Once this [...]
Archive for August 15th, 2009
August 15, 2009 by RealisingReality · Leave a Comment
Filed under: Comparables - sales, Estate Agents, House Price Valuation, Moving Experiences
Filed under: Comparables - sales, Estate Agents, House Price Valuation, Moving Experiences
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