58d57c37_TERMS___Whitehorse_Real_Estate__Definition
[Term] Equity [Definition] 
The difference between the price for which a home could be sold and the total debts registered against the home. Equity usually increases as the outstanding principal of the mortgage is reduced through regular payments. Market values and improvements to the property also affect equity.
WHITEHORSE REAL ESTATE TERMS - Whitehorse Real Estate
Definition