Just a bit of ribbing for a not very well defined question, but actually a good beginner question.Equity, as we define it and apply the term is from an accounting aspect, Assets-Liabilities=Equity or Owner's Equity. 

Downtown Charleston, anything within 2 miles of Broad St.

it is almost impossible to argue that a minimum floor with a maximum ceiling isn't a fair compromise for both parties.3) Fair Market Value - This requires extensive detail to define what is "Fair Market Value", how it is calculated.

Hey all my OKC BP People,I just wanted to send a poll out there and try to really define what kind of real estate market OKC is.

It really defines the edge very well and hides the lighting that you should defiantly install.  

Abandonment is loosely defined and can be as simple as power off and material belongings removed

So here are some simple guidelines to get you started and to help reduce the anxiety that can sometimes accompany market research.1) DEFINE GOALS.

Hello BP,In the spirit of Robert Kiyosaki's definition of an asset being something you own that generates you money, I've been thinking about making a move which would entail selling my 2+ acre lot in a beautiful hill country gated community ( dancingbearliving <dot> com ) and taking the proceeds from that to pay down my primary residence much faster (I own the land outright, fully paid for, have deed, title, etc...)I define the land as a liability because it's not generating income for me; rather it is costing me in annual taxes.  

My situation clearly rebuts your broad brush, absolute statements, don't take offense for clarifying your always or every time comments.

I am definately interested in speaking with your agent.