Monthly Archives: January 2010

Public Records Reading- Mortgages, Do home equity loans show or just reverse and second mortgages?

Posted on January 28, 2010 by admin

itsjunglepat asked: I read public records when doing RE research so I’m wondering. I guess that only second and reverse mortgages show. And why would someone choose a second mortgage vs home equity loan? Are we saying that a home … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , | 3 Comments

When can I get a Home Equity Loan or HELOC?

Posted on January 28, 2010 by admin

joconn10 asked: Just bought a house for $214k 30yr 6.125%, it was appraised at $244k. I’d like to make several home improvments and consolidate some debt. How soon can I get a Equity Loan or Line of Credit , seeing … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , | 4 Comments

Can someone explain home equity loan?

Posted on January 27, 2010 by admin

KarenB asked: We have been in our house 2 years, and want to take out a $5000 home equity loan. Do both me and my husband have to be on loan if we are both on mortgage? We are looking … Continue reading →

Posted in Renting & Real Estate | Tagged , | 6 Comments

What does my girlfriend need to do to change a home equity loan?

Posted on January 25, 2010 by admin

safdman asked: My girlfriends ex-husband tricked her into signing a revolving line of credit for the house they owned together when they were married. He also has her listed on the property deed as well as the deed of trust … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , | 3 Comments

Question for bankers with knowledge of home equity loans?

Posted on January 20, 2010 by admin

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 … Continue reading →

Posted in United States | Tagged , , , , , , , , , , , , , , | 2 Comments

Are home equity loans tax deductable?

Posted on January 19, 2010 by admin

Ahdab asked: Home equityALONZO

Posted in United Kingdom | 2 Comments

At age 57 should I get a new mortgage or get a home equity loan?

Posted on January 13, 2010 by admin

chocolate cherry asked: My parents who are both deceased gave me the 1st option to purchase their home. I want to buy my sisters out and I want to know if it is better to get a new mortgage or … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , | 7 Comments

can the person on title take a home equity loan?

Posted on January 8, 2010 by admin

Josh asked: can the person on title but not on the loan take a home equity loan? and if so what would the qualification be?PAT

Posted in Renting & Real Estate | 6 Comments