.-liablilities
- equity total
-assets
-equity and liabilities
2006-10-30 23:04:49 · 5 answers · asked by xzotiqbish 2 in Business & Finance ➔ Personal Finance
I believe that it would be listed under assets, however the balance of your mortgage must be listed under your debts. If the the appraisal amount is greater that is the accurate amount and is considered equity.
2006-10-30 23:12:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Assets
2006-10-31 07:15:13 · answer #2 · answered by pappu 2 · 0⤊ 0⤋
Your home is an asset. The value of the home - the loan (mortgage) on the home = your equity in the home.
2006-10-31 07:13:06 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Your home is an "Asset", but you should use the current market value (if known) and not the appraised value.
2006-10-31 08:41:44 · answer #4 · answered by Adios 5 · 0⤊ 0⤋
Under assets either as personal residence or other real property.
2006-10-31 08:48:30 · answer #5 · answered by waggy_33 6 · 0⤊ 0⤋