Why is using home equity a risky way to make purchases that do not add to your assets? It's not risky. You'll definitely lose your home even if you're able to keep up with the payments. It increases your property tax burden. It puts your home at risk if you're unable to make the payments.
Why is using home equity a risky way to make purchases that do not add to your assets? It's not risky. You'll definitely lose your home even if you're able to keep up with the payments. It increases your property tax burden. It puts your home at risk if you're unable to make the payments.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 7AA
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