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Question is a little obtuse but if you are asking "What is a equity release" in my part of the world it is money that you have in excess of any money you owe on a house that you can take as cash. For instance you have a house worth $600000 and you owe $400000 you have a equity of $200000. You can take this $200000 and spend it as you please world trip,buy a plane, get drunk.
13 years ago. Rating: 0 | |
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