This refers to the unpaid labor invested by homeowner partners in building their own—and othersâ€(tm)—Habitat for Humanity houses. These hours are a requirement of Habitat homeownership. Sweat equity reduces the monetary cost of the house and increases the personal stake of family members in their home. This concept also fosters partnerships that cross economic, racial and national divisions.
Equity (shares in a company) which is given to the founder of the company in recognition of the effort (sweat) which he has expended in getting the company started up (see Section III and paragraph 9 in Section IV above).
The value of ownership assigned to a borrower or earned by an employee for work performed on an asset, typically without cash compensation.
An increase in equity created by the labor of the owner.
Equity earned through the owner's construction or improvements.
Equity acquired by a company's executives on favorable terms, to reflect the value the executives have added and will continue to add to the company. see also entrepreneur.
Value added to a property due to improvements made personally by the owner.
adding value or increasing the equity in the property by making do-it-yourself improvements.
The value of volunteer labor in producing affordable housing.
interest in a building that a tenant earns by contributing to its renovation or maintenance
Purchaser provides his own labor in an improvement to the property, typically new construction. The value of this labor will offset the down payment.
By contributing to the construction or rehabilitation of a property through labor or other services, instead of cash, a person may have sweat equity in a property.
Equity created by an owners work on the property. May also be used as a form of down payment.
Equity created by an owner's work on the property.
In the early stages of a business, an owner may invest their time without taking a salary in order to grow the business. This concept is known as sweat equity.
An ownership interest in property earned by the performance of manual labor on that property.
Contribution to the construction or rehabilitation of a property in the form of labor or services rather than cash.
A borrower's contribution to the down payment for the purchase of a property in the form of labor or services rather than cash.
Equity created in property by the performance of work or labor by the purchaser or borrower. It directly increases the value of the property.
Using labor to build or improve real estate rather than cash.
The non-cash value added to a piece of property by the owner, such as do-it-yourself home improvements.
using labor to build or improve a property and therefore value
The contribution made to the construction or improvement of a building through labor.
Equity produced through the work an owner has done to a property.
Equity created by a purchaser performing work on a property being purchased.
Say you install new kitchen tiles yourself. Or you replace some windows. Or you install a new toilet. What you improve increases the value of your home. That extra value is "sweat equity."
Slang term for the contribution to the value of a property made by manual labor.
Equity created by a purchasers work on a property purchased.
The exchange of labor or services in lieu of paying cash for the purpose of receiving credit toward the down payment. Not generally an eligible source of down payment.
Equity created through the performance of labor on a property by its intended owner.
Worked performed by the owner of real estate property in order to improve its value.
Increase in property value due to physical efforts of improvement.
The equity recognized as the result of one's work on the property (in place of all or part of the down payment and other costs of purchase).
Monetary value given to the labor contributed to a project instead of cash. Lenders generally want the owner to have some of his or her own cash invested, but will occasionally recognize the value of the work done.
providing labor to construct or rehabilitate property in lieu of cash
Increase in property value due to improvement by owners.
Using your own labor to build or improve a property
Appreciation in market value derived from the owner's individual efforts, usually relating to improvements and renovations to run-down properties.
A program which allows a purchaser to do work on the property in place of all or part of the down payment and other costs of purchase.
A contribution to the value of real estate in the form of labor provided or services rendered. Sweat equity is normally associated with someone who purchases property that needs work, perhaps is below acceptable building code standards and normally has a market value below that of property that is not in disrepair. The purchaser, byperforming some of the repair work personally, can increase the value and in turn, the marketability of the property, and is thus contributing sweat equity to the property.
Ownership of shares in a company resulting from work rather than investment of capital--usually founders receive "sweat equity".
Value added to a property in the form of labor or services of the owner rather than cash.
Material or labor used by a buyer in addition to, or in lieu of, cash
The non-cash value put into a piece of property by the owner, such as do-it-yourself home improvements.
The investment of labor, in lieu of cash, by the owner-occupant of a property.
The value of the work, including renovations, maintenance, or repairs, put into a house by its owner. This can be used in place of a full down payment (up to and including 50% of a down payment).
The equity that is added to a property through the labor put into its improvement. A method used to help reduce the cost of a home for low- and moderate-income homebuyers.
Equity earned by the purchaser of a property as compensation for work performed on said property.
Value added to a piece of property, by virtue of the work done by the owner, such as in a do-it-yourself improvement.
using labor to build or improve a property as part of the down payment
Method where the owner creates equity in a property by personally constructing improvements rather than paying to have them constructed
Sweat equity is a term used to describe the contribution made to a project by people who contribute their time and effort. It can be contrasted with financial equity which is the money contributed towards the project. It is used to refer to a form of compensation by businesses to their owners or employees.