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Hi JAFO,

I am going to disagree. IN the context of real estate, reciting that a property is financed implies a mortgage loan (and mortgae or deed of trust securing the loan. Think about contracts that contain a "financing contingency" versus contracts that are for cash (and without a fincing contingency). That diference would make no sense emplying your suggested definition of financing.

I agree with you in the context of real estate contracts. In the context of financial planning, all funds most leave their alternative accounts in order to be applied to real estate equity... and that is financing.

You definition implies that a home that is owned free and clear of any debt is still financed?
In the broader context of balance sheet planning, yes. The funds held in the real estate equity account are being held at the expense of the alternative equity accounts.

Cheers,
Dave Donhoff
Leverage Planner
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