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Tag Archives: Housing Boom
Is this right.foreclosure after spending equity loan?
iDork asked: Say I purchased a home before the housing boom so it was bought at a reasonable price. Then the boom happened. My house went up in value about $200,000 and so I took out a 2nd mortgage/equity loan. … Continue reading
SmartFit Loan from Wells Fargo Bad Loans?
Jose S asked: The situation We bought a condo in 2005 at the height of the housing boom for $308,000. Our loan was financed by Wells Fargo, and the type of loan that we qualified for consisted of an 80%/20%, … Continue reading
Posted in Renting & Real Estate
Tagged Bad Loans, Cal, Decline, Duh, Economy, Equity Accounts, Home Equity, Housing Boom, Loan Accounts, Loan Officer, Mortgage Loan, Proactive, Unemployment, Variable Rates, Wells Fargo
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