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Building equity in a home is a good thing because

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equity in a home increases the homeowner’s assets.
User Jordanna Chord
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Equity is the difference between what your house is worth (today) and how much you owe on it (today). Building equity in a home is a good thing because  paying DOWN what you owe and building UP what the house is worth. Hope this helps. Have a nice day.
User George Burrows
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