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Are appliances part of home equity ?

Are appliances (fridge, stove, washer, dishwasher) taken into account when calculating the value of the house to establish the home equity ? Or they are separate assets ?

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One Response to “Are appliances part of home equity ?”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

No, these are separate assets and depending on what province you live in there is potentially an additional exemption that is available to use on these types of assets.