Anything of value that can be converted into cash
Assets come in all sorts of shapes and sizes, including, land, investments and personal property. Even an antique ring or string of pearls is an asset it is anything that can be turned into cash. If an asset can easily convert into cash, like stocks, it is called a liquid asset. A home is not liquid since it can take a while to sell.
Mortgage definitions and Real Estate Terms, Consolidating loans, refinancing mortgages and reverse mortgage process available to anyone. This consumer information site contains several tools and guides to aid in purchasing or refinancing a home or commercial property.
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Friday, April 14, 2006
