Build Home Equity Faster equity Function: noun . 1 a : a right claim or interest existingor valid in equity b :the money value of a property or of an interest in a property in excess of claims or liens against itc : a risk interest or ownership right in property Equity is the part of your property that you actually own. If you own property thats worth $250000 and you have a mortgage with a remaining loan balance of $100000 your equity in the property is $150000. Repeat home buyers…
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A lot of people look at their tax refund as free money. Because of this they tend to splurge on things they don’t need. Unfortunately, tax returns aren’t free money at all – it’s in fact funds that you have worked hard to earn and have loaned to the U.
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Although most people think of tax time as stressful, you can reduce some of the sting with proper planning. Using the VA disability tax credits along with others that you qualify for will allow you to have the most favorable return possible.