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Tag Archives: Buying House
Is it OK to get loan for more than the purchase price of a house, as long as it’s not over the house value?
Ron S asked: I am buying a house from a relative for $200k. The property appraised for $270,000; they’re selling to me for $200k since I am a relative, and the property is paid off so it’s basically $200k in … Continue reading →
Posted in Renting & Real Estate
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Tagged Buying A House, Buying House, Debts, First Mortgage, Home Equity Loan, House Value, Loan Mortgage
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6 Comments