Tag Archives: Rent

Does anyone understand this home loan?

kiwi asked: I have no clue but friend wants to know first loan is fixed equity loan at 9.850 (104000) second loan is conventional is conventional at 9.3 (26,00) Is this typical? Are the loans both fixed? Should he be … Continue reading

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Is it possible to get a home equity loan on a home that we have listed for sale on the MLS?

knucklenuck asked: We built a home to sell or rent and own it outright. We’d like to tap into some of the equity on the home but Countrywide (where we have the mortgage on our main home) has said that … Continue reading

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How to get a possible investor/buyer to take possession of my home & pay the mortgage until they can sell?

msjdeloresjones asked: My home is over 194K; I refinanced, w/ the help of my best friend. The loan is now over 212k, the house has been apraised for 230k. As of 6/2008, their will be 40k of equity available. I … Continue reading

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