Tag Archives: Sell House

Is it possible to do a deed-in-lieu of foreclosure on a HELOC?

Posted on October 8, 2010 by admin

Missy asked: My primary mortgage is with Chase; my home equity loan is with Countrywide. I am in default and trying to sell the house before the foreclosure happens but I don’t know if it will happen. Today Countrywide told … Continue reading →

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

Still owe on home equity loan after selling house?

Posted on October 22, 2009 by admin

Jessica D asked: After selling my house I will probably still owe about $20,000 on my home equity loan. I have no problem making the payment each month and I would like to continue on under the same terms as … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , | 11 Comments

How can I buy a new house before selling mine if I don’t have the money lying around to purchase it outright?

Posted on April 3, 2009 by admin

Jules B asked: Can I borrow out of my equity? Would it be a home equity loan or something else? Then when I sell my house, how would I pay off the mortgage and convert the equity loan into my … Continue reading →

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

My wife and I own our home, but it is over 100 years old and needs substantial work.Any advice will help?

Posted on March 13, 2009 by admin

LostKoss asked: As I stated my wife and I own our home.It is in downtown Milwaukee in an area that is seeing a great deal of improvement. The fair market value is 60,000 ,and we have a home equity loan … Continue reading →

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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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What to do if you don’t want your house any more in New Jersey?

Posted on February 5, 2009 by admin

Anthony P asked: We have a home in NJ, we have a mortgage and a home equity loan, we have never missed a payment. We need to move and can’t sell our house while using an agent without losing money … Continue reading →

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