Equity Build-up

Concept of Equity Build-up in the context of Real Property

A short definition of Equity Build-up: The reduction of principal on a mortgage or deed of trust by periodic payments, which increases (builds-up) the difference (equity) between the property value and amount of the lien.

Concept of Equity Build-up in the context of Real Property

A short definition of Equity Build-up: The reduction of principal on a mortgage or deed of trust by periodic payments, which increases (builds-up) the difference (equity) between the property value and amount of the lien.