More on balance sheets and equity
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It is so nice that I can hear finance courses from you! You don't know how lucky that I can met you though the internet! Thank you,Sal!
I get puzzled by the courses and I even don't know how to start it. I'm losing my faith in it and think this is so difficult to learn all of the stuff.
And when I saw your courses, you light me up and I really like every courses of you. Then I found now it's not hard to start finance again, and with you, it actually made me learn it with passion.
Forever love!
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why i cant understand this in classroom
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Sal you are great guy!
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It's funny how you mention appreciation of housing prices across regions in the U.S. Little did you know prices were heading for a cliff in the new few months.
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When the value of the house is less than the loan amount, it's time to RUN!!!
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Very helpful for my accounting class. THANKS
I hope you do more Financial Analysis and Accounting seminars!
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Khan, I think you have it wrong. If the guy doesn't pay the 750K mortgage - the bank can sell the house but the guys still owns $250k of a million dollar house.
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It would have been better if you showed the house decline in value over several years because that would be more in line with reality. Vegas is down 58% Miami LA Phoniex New York Washington DC Seattle etc........and still falling!!!!!!!
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"SO the house is my only asset in the world. I guess you cant quantify charisma and good looks!" lol
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In the event of foreclosurse, the bank can collect no more than is owed to the bank. The remaining proceeds from the sale must be returned to the debtor. This is called the equitable right of redemption.
jhonw2000 3 years ago 16
Best videos on youtube.
Sconz32 2 years ago 12