Archive for February, 2009
Friday, February 27th, 2009
Ken asked: I am considering using a Home Equity Loan as down payment for the purchase of a second property. I have two questions. Is it true that the interest will be tax deductable if I take out no more than 100k? Secondly, how much typically will ...
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Monday, February 23rd, 2009
jmpoct03 asked: my boyfriend and i have bad credit but we own a $85,000 home with no mortgage. the house is paid for. we were looking into getting a home equity loan to pay some back bills off and do home improvements. is there anywhere that we could get a ...
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Monday, February 23rd, 2009
Sachin A asked: Home equity loans have become one of the most popular fund raising options for individuals.Home equity loans are the loans taken using your home's equity as the collateral. Thus they are a type of secured loan.These loans are based on two facts - first, that you have ...
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Friday, February 20th, 2009
Martin Lukac asked: Home equity is the value that your home has due to the payments that you have made on your mortgage. A home equity loan will enable you to borrow money using the equity that your home has as the collateral. It can be confusing to deal with ...
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Friday, February 20th, 2009
Marlon Dirk asked: When it comes to your home mortgage, if you've owned your home for a while, there's a good chance you have equity built up, this can allow you to get a home equity loan. Home equity loans are usually low interest loans that use your home or ...
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Wednesday, February 18th, 2009
pingkitoe asked: I'm thinking about applying for a home equity loan or line of credit for my home but am discouraged by my below average credit score. To refinance, any and all applicants must also be on the title document, so would the same rules apply on a home equity ...
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Monday, February 16th, 2009
Dave Badge asked: Chicago home equity loans are the type of loans where the borrower uses the equity in his Chicago home as collateral. You can lose the home and be forced to move out if you don't repay the debt. Such loans are often used by families in need ...
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Sunday, February 15th, 2009
xblaine asked: I have 40,000 in Credit Card debt. I own my house outright. If I get a Home Equity Loan and move this credit from my cards to the HELOC will it improve my credit score or will it basically stay the same?Custom Closet Doors
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Saturday, February 14th, 2009
johnny asked: I need to have work done to the foundation of my house. Should i use my savings to pay to have this done, or should i use my home equity line of credit to do it? If i use the line of credit i will have to pay ...
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Saturday, February 14th, 2009
Dina Wilson asked: Your home may yield a much comfortable option to avail a financial help. The equity of your home can be used to arrange a good sum for your needs. You can find this option very comfortable; as such borrowers are always preferred for granting financial help. The ...
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