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Sacramento Real Estate - What is an Equity Sale?
In the current Sacramento market you may hear about Sacramento short sales, Sacramento foreclosures and Sacramento equity sales. These are the type of selling methods you can choose when selling your Sacramento home. As we focus more on equity sales, we come to the great question of “What is an Equity Sale?” An equity sale refers to the sale of the common shares (instead of only the assets) of a company -Divestopedia.com. To put it simply, an equity sale is where the seller has equity (money) within his/her home. If the loan amount on your Sacramento home is more than the amount you owe on your Sacramento home that would be considered a short sale. However, if your loan is less than the amount you owe on your home it would be considered an equity sale. Because an equity sale indicates that the home has value, you can then sell your Sacramento home for more than what you owe.
Stay up to date with Real Estate news, Market Trends, Options and Solutions of Foreclosures and Short Sales on http://RigleyRealtyGroup.com
What’s my Sacramento Home Worth? Call us today at 916-396-7487 for a free no obligation consultation or log on to http://www.SoldByMikeAndJennifer.com to find out. Call us today – you’ll be glad you did.