Category Archives: Renting & Real Estate

Home Equity Loan.My ex helped me purchase a home equity loan?

Posted on July 5, 2010 by admin

grrngirl asked: which I guess is considered a first mortgage for my home back in 2004. We have since divorced but the agreement was that I would continue paying payments as I live in the house and own the home. … Continue reading →

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Do I need to have owned my home for a year or more before being able to take out a home equity loan?

Posted on June 9, 2010 by admin

crashnburstn2flames asked: I’ve only owned my current home for about 9 months now, but have to relocate immediately and I want to buy a house in the place im moving. I have a lease set for my current house for … Continue reading →

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Can I use an equity loan as first mortgage?

Posted on May 17, 2010 by admin

EDlbh asked: I’m looking at being able to put a cash payment for 75% of a house. I really don’t want to go through all the expenses of a mortgage when I probably will be paying it off in 3 … Continue reading →

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Home equity vs. Home equity line of credit?

Posted on May 15, 2010 by admin

Joseph Schlitz asked: I need to do some repairs on my home and I’m not sure what the advantages are to either a home equity line of credit or a home equity loan. Any advice?Ricardo

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How do I pay for $40,000 upgade to a home, home equity loan?

Posted on May 11, 2010 by admin

ALISON S asked: How would this work? I am planning to buy a house for $195,000 and then sticking about 40,000 into the house. In order to not have PMI I have to put down 20% which would be about … Continue reading →

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If you have a lien on your house can you get a home improvement loan on the property?

Posted on May 10, 2010 by admin

juju b asked: The property is financed through a private party, not a bank or mortgage co. Can you get a home equity loan to fix it up? Or a home improvement loan? even though there is a lien on … Continue reading →

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Buying a home after getting an Equity Loan?

Posted on April 21, 2010 by admin

megan_stow asked: If you get an equity loan at an owner occupied rate and then find out you need to move 2 weeks later can you buy another home and move without having legal repercussions? It is under the “intention” … Continue reading →

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what are some of the details of a mortgage with a home home improvement loan?

Posted on April 20, 2010 by admin

Fordie_ounces asked: Im looking to buy a house that needs a good amount of work. I dont have extra money to pay for the remodeling. But I have read that i can possibly get some sort of home improvement mortgage … Continue reading →

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Can a bank foreclose on your residence for getting behind on a home equity loan ?

Posted on April 13, 2010 by admin

eddie a asked: I thought a home equity or a heloc as sometimes referred to can only take action if the first mortgage institution forecloses on the property. Can a second position initiate foreclosure?KENT

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If I get a home equity loan over 100000 on my home &buy a condo outside the US is the interest tax deductible

Posted on April 1, 2010 by admin

Steve S asked: I will be buying a condo in Panama as a second residence with the money from the home equity loan on my primary residence in the US. I’m concerned about the interest on a loan over 100,000 … Continue reading →

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