Tag Archives: Mortgage Company

What is the number to Community Bank of Greater Peoria?

Posted on September 19, 2009 by admin

joycelynbenifield asked: Home loans, mortgage company, equity loansMARGARITO

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what happens to us if we want to sell a house with 2 mortgages and an home equity?

Posted on March 3, 2009 by admin

WhoK asked: We have 2 mortgages (1st & 2nd), my friend withdrew an other line of equity. What happens to the equity line loan if we sell this house short? Can we ask the bank to convert equity loan to … Continue reading →

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Can you depreciate the money from a home equity loan on a rental property?

Posted on March 2, 2009 by admin

Celeste C asked: If your property has appreciated in value and you elect to take out a new mortgage, thereby getting cash out, is the cash depreciable on income tax returns, even if spent on a vacation? I’ve been told … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , | 3 Comments