Archive for May, 2008
Thursday, May 29th, 2008
aidal1135 asked: I just finished building my house and I have no mortgage or anything as I had enough cash to buy the land and build outright. But, I have no money left to landscape and have some medical bills I would like to pay off. Can I ...
Posted in mortgage | 3 Comments »
Wednesday, May 28th, 2008
leathers2003 asked: How long do you have to live in a home that appraised higher than what you paid to get a home equity loan?
Our credit is now damaged, is it still possible?Barry
Posted in mortgage | 4 Comments »
Tuesday, May 27th, 2008
Kristen A asked: We are married in our 40's with a baby. I am stay at home mom and my husband was laid off. We have two homes and no debt aside from mortgages. Should we use our home equity or cash in retirement to make ends meet until we ...
Posted in mortgage | 3 Comments »
Monday, May 26th, 2008
King Money 1985 asked: I know a HELOC is a "Home equity line of credit" but what is the difference between that and a "Home Equity Loan"?Clifford
Posted in mortgage | 2 Comments »
Saturday, May 24th, 2008
Carrie Reeder asked: Refinancing your mortgage can save you money through lower interest rates and smaller monthly payments. You can also choose to cash out all or part of your equity to pay off bills or to remodel your home. But which lender is best for you really depends on ...
Posted in mortgage | Comments Off
Wednesday, May 21st, 2008
sevan s asked: My friend has a home equity line of credit and plans to foreclose on his home. Will he be responsible to pay for his line of credit afterwards or will that be considered a part of the foreclosure?Ruby
Posted in mortgage | 1 Comment »
Wednesday, May 21st, 2008
BC asked: I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or ...
Posted in mortgage | 6 Comments »
Tuesday, May 20th, 2008
djmck098 asked: Will we expect much of aninterest rate rise due to the collapse inthe housing market in the U.S? will property prices plummet here too?Carla
Posted in mortgage | Comments Off
Saturday, May 17th, 2008
VH asked: We just purchased a home and want to consolidate some bills to create a better cash flow. The problem is we've only been in the house for two months. I'm being told that most companies require 6 months to 12 months seasoning to get a home ...
Posted in mortgage | 2 Comments »
Saturday, May 17th, 2008
Lady asked: Hi. My home equity loan is an interest only adjustable and I am currently paying something like 7.02 (I have a rate of 1.25 below prime). I also have credit card debt on two cards, but they are fixed at 4.02 and 4.99. I know ...
Posted in mortgage | 6 Comments »