Archive for the ‘Comparables - sales’ Category

Negative Equity

August 15, 2009 by StraightTlkr · Leave a Comment
Filed under: Comparables - sales, Estate Agents, House Price Valuation, Moving Experiences 

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 [...]