Tag Archives: House Value

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

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I own my home w/no mortgage payment, title is in my name, my fiance & I are moving in January question is?

concerned asked: my fiance has her own house titled in her own name with a 200k mortgage loan owned by the government and a home equity line of credit of 25k totaling 225k debt…The house value in today’s market is … Continue reading

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