This is a metric calculated by dividing total debts by appraised value of a property. (mortgagebrokerstore.com)
At that point, owners or their heirs who want to keep the home can pay the debt or 95 percent of appraised value of the property — whichever is less. (chicagotribune.com)
The actual amount in each case depends on appraised value of the property in question. (sdequitypartners.com)