Archive for March, 2009

Will a home equity loan qualify us for the 1st time buyer tax credit?

Saturday, March 7th, 2009

Melissa asked: We were put on the deed of a home while we were "renting to own" (1 yr) then all of a sudden the landlord wanted the rest of the cash. So we got out a home equity loan with the house to pay him what we owed ...

Can someone co-signing for a home equity loan write off interest in taxes?

Friday, March 6th, 2009

tisaroo asked: A friend needs a home equity loan and needs a co-signer. Can the co-signer write off the interest paid in his/her taxes?Plumbing Tips For Homeowners

What You Need To Know About Home Equity Loans

Wednesday, March 4th, 2009

James Copper asked: A home equity loan is a popular and attractive source of borrowing for thousands of people. Part of the reason people think first of a home equity loan when they need a substantial sum of money is that home equity loans are marketed extensively, with advertisement in ...

Consolidate Credit Card Debt and Eliminate Debt With a Home Equity Loan

Tuesday, March 3rd, 2009

Cornie Herring asked: National surveys shows that in average American households carry a credit card balance of approximately $10,000. Many find that it hard to reduce their debts especially credit card debts due to it high financial charge, interest rolled from month to month because most of them just pay ...

Paid off investment home. Can I take a 1st mortgage on that property or must I go with a home equity loan?

Sunday, March 1st, 2009

Viper asked: My brother and I need cash for a business venture and would like to take a loan out against an residential investment property that we co-own free and clear. Is our only option a Home Equity Loan? Ideally we would like to take advantage of the ...