Chi Bears #1 asked:


I am looking to get a home equity loan to help pay for my wedding in a few months, probably around $8,000.

Is it a easy process?

I have been in the same home for 2 years now and I have great credit.
yeah, thats sort of what I was thinking. I didn’t pay anything down at closing so I might be better off getting a Line of Credit of a Personal Loan
yeah, thats sort of what I was thinking. I didn’t pay anything down at closing so I might be better off getting a Line of Credit of a Personal Loan

MARSHALL

W00TZ0R asked:


Home equity

EVAN

Myah F asked:


I had an allodial title to my home, which was passed down. I signed a contract with a bank for a Home equity loan. As a condition of the loan the Bank agreed with me that I Did not agree to tax deductions in the Home equity loan; they would not deduct a property tax, no agreement to take it out the mortgage payment; (3) I Don’t have to pay taxes in mortgage payment agreeing I would pay property taxes due to a separate arrangement with Township Tax Office if payments are due. I became surety still under the Home equity loan. The Bank forecloses on the property or Home equity loan for failure to receive payment. The Bank didn’t receive payment because they refused it. Was the bank refusal not breach of contract? There was non-payment of monthly obligations on the loan because they refuse to receive payment because of failure to pay property taxes. The Bank forecloses because Township stated I owed property tax. When I was continuing not to pay property taxes after a while the Bank foreclose on the payment. How did failure to pay property taxes breach contract my contract with the bank? Tax bills are sent out by Township Tax Office, which I refuse to honor. I didn’t have a Mortgage Loan rather Home equity loan. United Jersey Bank breached the contract when they did not receive any payment thus the contract was void. The tax issue was separate. Under New Jersey Statute it is the property owner’s responsibility to make sure that the property taxes are paid when due, even though the owner may not have received the tax bill. A bill is not necessary to make a payment. There was no court decision that as the person who inherited the home property taxes were due. Under New Jersey Statute it is the property owner’s responsibility to make sure that the property taxes are paid when due. Yet how do I owe property taxes? The property was taking for non-payment of Federal Reserve notes.

ZACHARY

big b asked:


wondering about taking out a home equity loan on the remaining value of the house to consolidate the rest of my bills. Is this wise?

BYRON

Gregory asked:


Just bought home in distress. FHA Loan. Appraised 410k, owe 300k. Need to pay commission to broker who found it for me and need equity to do so. Anyone aware of a lender that will let borrow equity within first year of purchase?

ISAAC