Monday, 12. September 2011
If you have a home loan and a home equity loan, if you refinance can you roll the two into one or do you always have to keep the two seperate?
Sunday, 11. September 2011
I’m in an argument with my neighbor. He has a house worth approx 300,000. and he is worried because he is on a fixed income and has a home equity loan of 45,000. He’s worried about the state of the economy and afraid he might lose his home. He is making his payments just fine right now but is worried about the future. He’s a senior and unable to go back to work.
Saturday, 10. September 2011
Pro’s and con’s of both.
Just curious what people "in the know" have to say.
Friday, 9. September 2011
She wants to buy it, but can’t get a loan. She’d like do to a land contract. BUT, since i have a Mortgage, in order to do a land contract, wouldn’t i have to pay my mortage and HE off? Doesn’t the renter become the owner when the land contract is done? Which means, I’d have to pay the mortgage and HE off in order for her to have a clean title?
Thursday, 8. September 2011
the other spouse has perfect credit
Wednesday, 7. September 2011
give the following information ,determine the maximum credit limit available on home equity loan.
market value of home 0,000
maximum% of value 75%
balance due on existing morgage 55,000
Monday, 5. September 2011
the money was used to build another house (occupied by my elderly parents) located next to my primary residence on the same 10 acres of land. Can this qualify as a "home or land improvement" and allow me to write off the full interest amount?