Archive for December, 2008
Tuesday, December 16th, 2008
Dean Shainin asked: You keep hearing about home equity loans.The bills are out of control and you need a new car. "Maybe we can get a new carpet and paint the house", you say to yourself. And, you keep hearing about home equity loans.These are just a few reasons why ...
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Monday, December 15th, 2008
Levetta Rivera asked: A home equity loan allows you to cash-in on the equity you have built-up in your home. The funds you receive can be used for debt consolidation, home improvement, college education, investments or any purpose. With a home equity loan your home is used as collateral to ...
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Sunday, December 14th, 2008
nicolepatricksoellner asked: We want to relocate to my home town to better off my children this would give them a better school district and we would be alot closer to my family, just how do we go about doing this? We have a mortgage on the house we live ...
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Sunday, December 14th, 2008
Rajan A asked: We are planning to rent our existing home and pull $200k equity from that home to buy a new primary residence. I am not clear about the $100k deductible limit on the home-equity loans. Can I deduct it on Sch A or against the rental income and ...
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Friday, December 12th, 2008
celisa asked: I heard that taking out a Home Equity loans to pay off my private student loans is an option. They are several loans through Sallie May resulting in $79,000 including interest, but are not consolidated. What are your opinions?Antonio
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Friday, December 12th, 2008
Dean Shainin asked: Asking yourself, "Is a home equity loan right for me?" is the first and most important step to take.Home equity loans have become so popular today because of increasing home values. A home owner can access money for consolidating debt, home improvements, a new car, education or ...
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Friday, December 12th, 2008
Rebecca Noel asked: With any remodeling and construction projects you do on your home there are many payment options available for most home improvement remodeling projects. For example, you can get your own loan such as a home equity loan or credit equity line or ask the contractor to arrange ...
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Tuesday, December 9th, 2008
Alan Lim asked: You may have heard the term home equity loan but are not really sure whether this type of loan will work for you. The first step is to understand the concept of home equity. Equity is the difference between the current appraised value of your home and ...
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Tuesday, December 9th, 2008
Alan Lim asked: Ever feel lost when people talk about subjects like a home equity loan? It certainly does sound something like what you would hear on a business news show. But for every homeowner or someone considering property purchase, home equity is an important concept to grasp. It really ...
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Tuesday, December 9th, 2008
Alan Lim asked: Home equity loan and refinancing are two excellent ways that can help you manage your finances. However, it may prove difficult to choose one from the other and should depend on what your financial goals are. You can opt for the lower payment schemes of cash-out refinancing, ...
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