Personal financial statement?

Friday, 13. August 2010

Does home equity loan belong to Note payable section or Real estate mortgages section in liabilities?


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2 Responses to “Personal financial statement?”



  1. botygy Says:

    technically in R/E mortgages – it is a second deed of trust on the property, a mortgage, though at the end of the day it doesn’t much matter. Most requestors of personal financials haven’t a clue of how to read them, they’re merely completing an item on their checklist by getting one and filing it away.



  2. Ivy Says:

    Many homeowners apply for home equity loan for a variety of reasons. While some want to utilize the money to get rid of unmanageable debt, others want to add value to their existing home by restructuring and repairing. Whatever may be the reason, the home equity loan<!–provides a homeowner the quickest and easiest means to get extra cash to meet unavoidable expenses.In many cases, lenders are too willing to offer you home equity loan for the simple reason that the loan is secured by your property.

    http://best-loans.awardspace.com/homeloans.htm

    The market is flooded with so many loan products from lending institutions that offer you excellent terms and conditions and leave no stone unturned to publicize their schemes on televisions and print–>All this may leave you feeling baffled and confused about which home equity loan product to pick. Before choosing which lending institution to go with, make sure to do some research. Shop online to obtain home equity loan quotes from different financial companies.

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