Sweat equity

Sweat equity

The method whereby a home owner develops equity in a property, either during the purchase or throughout its life, by personally constructing improvements rather than paying to have them built.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Real estate
Category: General
Company: Coldwell Banker
Product:
Acronym-Abbreviation:

Collect to Blossary

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Related terms

sweat equity

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Unreimbursed labor, that increases the value of a property, or is invested to establish an enterprise. See budget, marketing plan, appropriation.

sweat equity

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An increase in equity created by the labor of the owner.

sweat equity

Real estate; General

Contribution to the construction or rehabilitation of a property in the form of labor or services rather than cash.

sweat equity

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The method whereby a home owner develops equity in a property, either during the purchase or throughout its life, by personally constructing improvements rather than paying to ...

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Financial equity created in property by the owner's labor in improving the property.

sweat equity

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The increase in property value due to an owner’s own labors.

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