Solved

A Home Worth $250,000 with $100,000 Still Owed on the Mortgage

Question 26

Multiple Choice

A home worth $250,000 with $100,000 still owed on the mortgage would have equity of:


A) $250,000
B) $200,000
C) $150,000
D) $100,000
E) $80,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q21: The purpose of zoning laws is to:<br>A)restrict

Q22: John Ashford needs to sell his home

Q23: An appraisal is likely to cost between:<br>A)$100

Q24: A cost associated with renting would be:<br>A)property

Q25: A common cost associated with renting is:<br>A)the

Q27: A deed is the document that transfers

Q28: A real estate short sale occurs when:<br>A)you

Q29: What is the affordable monthly mortgage payment

Q30: What is not true of lifestyle inflation?<br>A)A

Q31: Home improvements may or may not increase