Even if the market turns around years later and you start to accrue
substantial equity in the house, the lien (s) remain eliminated.
The Court of Appeal found that the trial judge erred in finding the plaintiff was in need, given
the substantial equity in her house which was not being utilized for her benefit.
Not exact matches
Consumption was also supported by an increase
in household net wealth
in the December quarter of 4.2 per cent, driven by a
substantial increase
in the value of
equities and rapid growth
in house prices.
They have a lot of
equity in the townhouse, sufficient for a
substantial downpayment on a
house, but they're short on ready cash.
Sufficient
equity: Since you're taking money out of your
house, you need a
substantial amount of
equity in your home to draw from.
Is the
equity you've built
in that time really
substantial enough to trade up to two
houses, or a more expensive
house?