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Question
Can I buy a house with my equity?
Can I buy a house with my equity?
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Solution
Yes, if an individual has enough equity he can purchase other properties by availing of home equity loans, mortgages. Like any other credit, they have to repay the loan with a fixed time limit otherwise one can lose the property.
Yes, if an individual has enough equity he can purchase other properties by availing of home equity loans, mortgages. Like any other credit, they have to repay the loan with a fixed time limit otherwise one can lose the property.
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