If you purchase your property, you will gain equity in that property

Question

Shirley Cantu

Social Studies

19 December, 15:56

If you purchase your property, you will gain equity in that property

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Answers (1)

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Matthew · Answer 1

I believe that statement is true

The amount of equity in that property would be influenced by several factors, such as whether you're paying the full amount for the property or you chip in with other people, or whether you made a legal contract for transfer of ownership for that property.