Monday, May 21, 2012

Pacifica woman wins lawsuit, keeps house after being conned

January 15, 2011 by  
Filed under home equity loan

Pacifica woman wins lawsuit, keeps house after being conned An 89-year-old Pacifica woman who was conned out of $600,000 by a contractor and facing foreclosure has won a lawsuit that prevents her eviction, an attorney said. Read more on Contra Costa Times

Refinancing vs Home equity Loans once you take the house of the market?

June 8, 2010 by  
Filed under home equity rates

Taking the house off the market we are not eligible to refinance because of the rules by the government How can we do a home equity loan and where can I find the current fixed rates? Thank you

How long do you have to own a house before you can get a home equity loan?

June 6, 2010 by  
Filed under home equity

My husband and I are in the process of buying our first home. We got a great deal on the house at 1/2 the appraised value. How long do we have to own the house before we can take out a home equity loan on the home. We want the money to fix up some [...]

Money from your house through Home Equity Loan or Line of Credit

May 22, 2010 by  
Filed under home equity

Do you own a house? If so, you already have realized the Greatest American Dream, which many of us continue to work hard to have. Additionally, because you already have a house, you already have easy access to money through Home Equity Loan or Home Equity Line Credit. It is thus easier for you to [...]

Getting a Home Equity Loan to Renovate and Then Sell your House

May 10, 2010 by  
Filed under home equity loan rates

People apply for home equity loans for several reasons. Amongst the most common ones is for renovating a house. In order to keep a home at the highest market value, people renovate at a certain period. Some renovate to see a change or to improve, while others renovate because they plan on selling the house. [...]

Home equity line of credit: Can I use it for the down payment to buy another house, then sell the first house?

April 29, 2010 by  
Filed under home equity

Hello everyone, I need to move to another location. Can I take a home equity line of credit on my existing house to pay for the down payment of a new home, and then sell the first house that I used for the line of credit? Are there any restrictions to do that? Can I [...]

I need to fix my house: Should I refinance and get cash out or get a home equity line of credit?

March 13, 2010 by  
Filed under home equity line of credit rates

Should I get home equity line of credit or refinance with cash out? I want to refinance my home to take advantage of lower interests rates. I also want to renovate my house and fix some things around. Should I refinance and get cash out to use for home improvement or should I refinance without [...]

Would you lend all your home equity to a family member trying to buy a house?

March 9, 2010 by  
Filed under home equity

My sister in law just filed bankruptcy and decided to let the bank take her home so she can start over. But now she and her husband found a house for 60k and is asking her brother (my husband) if she can borrow money from our equity that we have on our house which is [...]

Should I refinance Home Equity loan to consolidate credit card debt (I am buying a new house in 120 days)?

March 7, 2010 by  
Filed under home equity loan rates

Consider this: 1. I have $30k in credit card debt. 2. I have a 1st mortgage for $200k (4%) and a Home Equity line of $170k (at prime rate) with no additional credit available. 3. I am buying another house at the end of April. Would I be better off refinancing my Home Equity and [...]

Can you use the money from your home equity loan to buy another house?

March 7, 2010 by  
Filed under home equity loan

Say I remodel my house, end up with 30k in equity, and take out a home equity loan for that amount. Can I turn around and use that 30k as a down payment on another property? Edit: The new property would be used to renovate/flip and sell.

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