Archive for July, 2008

Home equity?

Thursday, July 31st, 2008

ben h asked: I got hosed as many did with a home equity line of credit. Can I find a bank to refinance only this loan, or do I have to have my mortgage included?Credit Card Vending Machine

Home Equity?

Thursday, July 31st, 2008

aimstir31 asked: I have 13 thousand available in my home equity. That will somewhat get me out of debt. If I take this out does my morgage payments go up? Also I want to add on in the spring about a 30 thousand dollar addition. Will I be able to ...

Home Equity Loan : Advantages and Disadvantages of Home Equity Mortgage You Must Know

Tuesday, July 29th, 2008

Julian Lim asked:  A home equity loan is that type of home equity mortgage acquired with your home property taken in as collateral. The home equity value is actually the difference between your home’s current market and the amount of mortgage that you owe. People apply for home equity loan for ...

A Home Equity Line Of Credit Can Boost Your Spending Power

Tuesday, July 29th, 2008

Gerald Mason asked: Having equity in your home is beneficial in more ways than just ownership of your home.Of course equity signifies that you are well on your way to owning your home free and clear.You should take a great sense of pride in the progress you have made toward ...

Benefits of Home Equity Loans

Tuesday, July 29th, 2008

Lesley Lyon asked: Home Equity Loan in terms of common man is, by using an individuals home he can borrow money. In this case the property is used as a collateral guarantee for the money received. It has been understood that the individual has to repay the debt within a ...

Should you use a Home Equity Line of Credit to consolidate credit card debit? How does it affect the home?

Tuesday, July 22nd, 2008

Angelique B asked: Over 10K of credit Card debt, all with high interest rates, think it would be better to use Home Equity to consolidate or "payoff" cards to have one low rate and payment.Peter

What exactly is a home equity loan and can I still get one with bad credit?

Saturday, July 19th, 2008

Pantsguy asked: I do own my own home but am still paying off my mortgage. My son needs more money for college and we've tapped out on student loans and my credit cards are all maxed. I was wondering what I could do and thought that a home equity ...

Is it better to us a Consoladation company or to use a home equity loan to pay off debt?

Saturday, July 19th, 2008

WYN asked: I am in a little over $45,000 credit card debt. I am trying to figure out if it would be better for me to use a consolidation company or to get a home equity loan.Anita

Get a Negative Home Equity Loan: Money Over Your Credit Limit

Wednesday, July 16th, 2008

Daryl Stewart asked: Have you ever faced in an economic problem before where you spent over your limit on your credit cards, even reached the credit limit or may have had the card declined and then fright or felt uncomfortable and then right away done something about it to pay ...

what happens if you foreclose and you have a home equity loan on the property?

Monday, July 14th, 2008

emeral123 asked: what could happen to you if you foreclose on a property and have a heloc on the property. it is in arizona, would i owe the money still to the home equity loan company,Brent