Tag Archives: House Sale

Questions about Foreclosing and short sale of a Home?

Fred T asked: I have several questions regarding a foreclosure and short sale… 1. Will there be a problem when you foreclose a home with an existing equity loan? 2. Is there any legal problem when you foreclose your home … Continue reading

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Which is better, a home equity loan or a home equity line of credit?

Katja M asked: My mother is running out of money (she is selling her house) and it is coming down to the only money she has is in the equity of her house (@$500,000). She currently has a mortgage at … Continue reading

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can home equity loan go to foreclosure?

rubie00 asked: When my house was worth something a few years ago I paid of an existing mortgage with a 30year fixed home equity loan. I also took out a small home equity loan for improvements. I had a ton … Continue reading

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