<p>
What are normal assets? A home equity + cash/savings/checking of what, 500k?</p>
<p>Actually yes, assets were just about $500k. Most of it was home equity though, since the economy hit us pretty hard.</p>
<p>So it’s not home equity + 500K in cash, a checking account, or investments. if you have a house worth $500K and another $500K in investments, that’s probably not considered typical assets.</p>