Archive for February, 2009
Thursday, February 12th, 2009
Albert Alexander asked: Everyone wants to know the answer to the same question. So how much can I get? How much you can borrow is directly related to your equity which is simply estimated by subtracting the outstanding balance you owe on the home from the current market value. Equity ...
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Wednesday, February 11th, 2009
Geoffois asked: I live in Californing where I have a 1st mortgage, and a home equity line of credit that was taken out years after my 1st mortgage. Can I file chapter 7 and get out from under the debt of my HELOC? Or can they forclose and ...
Posted in mortgage | 2 Comments »
Monday, February 9th, 2009
Hans Hasselfors asked: Do you own a house? If so, you already have realized the Greatest American Dream, which many of us continue to work hard to have. Additionally, because you already have a house, you already have easy access to money through Home Equity Loan or Home Equity Line ...
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Saturday, February 7th, 2009
Uchenna Ani-Okoye asked: Alright, you've been a homeowner for some 10 years now, and you've decided it's time for improvement and expansion. What is the best way to obtain the funding for home improvement projects? A home equity line of credit is often the most feasible and profitable way to ...
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Saturday, February 7th, 2009
kerry f asked: I am wandering about purchasing a home which the apprasial is $110,000 but I can buy it for $60,000. I am wandering if I can borrow the 60K and and then get a home equity loan for 25K for improvements to the property?Bass Fishing Tackle
Posted in mortgage | 1 Comment »
Thursday, February 5th, 2009
Jessica B asked: My brother-in-law took out a home equity loan and he went to refinance his house and for whatever reason the house did not appraise for what it needed to partly because of the home equity loan that he already had. He was told to pay ...
Posted in mortgage | 3 Comments »
Tuesday, February 3rd, 2009
Dina Wilson asked: A home equity loan is a type of online loan in which the borrower uses the equity in his home as collateral to avail a loan through online facilities. Home equity is the difference between the present market value of the home and the outstanding mortgage on ...
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Sunday, February 1st, 2009
Sub-Zero asked: I have bad credit and bought a rundown property and fixed it up over time. I used my own money in financing the purchase of the property and have no mortgage. Is it possible for me to get an home equity loan for this property? its market value ...
Posted in mortgage | 4 Comments »
