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[quote=Anonymous]How much equity does she have in her house? My mother got one (without telling me, not that it's any of my business). I'm sure she's burning through it -- she likes to shop and cruise. But I think the max she could ever borrow against the house is $625K, and it's easily worth twice that (it's in Silicon Valley). So, if/when she needs money for something besides designer sunglasses, she still has a bit of a nestegg. She never saved a dime, so the house is all she has. Not up to me how she "spends" it. [/quote]
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