Archive for November, 2008
Friday, November 28th, 2008
Ray Tolley asked: While cash-strapped homeowners sometimes struggle to make ends meet, our real estate has seemingly morphed into the local bank. We can tap into our home equity for everything from cars to vacations to college funds. Though tapping into your home's value is one of the smartest ways ...
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Thursday, November 27th, 2008
lamontnow asked: I want to open a home equity line of credit. I have 100% equity in my house and an excellent credit rating. I am planning on moving, but would like to buy another house first, and then sell my current house (which would sell for a higher price ...
Posted in mortgage | 3 Comments »
Saturday, November 22nd, 2008
George Kane asked: Your home is a source of lower rate borrowings but equity in it enables in taking cheaper loan that is seldom a burden to repay. Home equity loans are known for their low rate of interest. The loan also is loaded with many other advantages for borrowers.Home ...
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Wednesday, November 19th, 2008
Albert Alexander asked: Home equity loans are sometimes used for consolidating consumer debt or covering a large expense such as a wedding, college expenses, or home repairs to your existing home. Home equity loans are great in that they use the collateral already invested in your home to secure the ...
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Wednesday, November 19th, 2008
amny asked: I am thinking of refinancing and Chase Bank is ready to give a 10 yr 170k home equity loan. Is this a better than my existing home mortgage loan. Is there anyone who has suggestions for this.Elsie
Posted in mortgage | 4 Comments »
Wednesday, November 19th, 2008
Lesley Lyon asked: It is difficult to manage the finances with the ever-increasing default rates and delinquencies. The prospect to having to pay many bills of different amounts every month from the existing loans to medical expenses, credit cards and so on can be of great pain. It is not ...
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Tuesday, November 18th, 2008
Evan asked: Would a Home Equity Line of Credit or loan used to buy a home be considered a Home Aquisition Debt instead of a Home Equity Debt?Adrian
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Sunday, November 16th, 2008
Richard Cunningham asked: Most people with bad credit do not realize that if they own their own home and are paying off a mortgage, they can qualify for a home equity loan. Even with bad credit, a home equity loan is a possibility, because the home itself is collateral. If ...
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Friday, November 14th, 2008
DavidB asked: Many people do not realize that a home equity loan is available to many homeowners. However, some take advantage of them and get one whenever they can qualify. It just really all depends on your home and the equity in it as to whether or not you may ...
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Wednesday, November 12th, 2008
Ernesto Maitim asked: If you own a home and you are in a situation when you are in dire need of funds, then it can be that home equity is a great way to get ready cash. Your home equity is what you need when you want to acquire money ...
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