Question: Would a down payment on a house be considered a asset and the loan considered a liability? This is the case: Security records at the

Would a down payment on a house be considered a asset and the loan considered a liability? This is the case:

Security records at the courthouse suggest that the subject put down $50,000 to purchase the home on 3511 Northern Drive. Using the terms of the loan, the amount owed were estimated (calculated) as about $152,000 in 2017

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