Archive for September, 2009

Home Equity Loan or Equity Home Line of Credit for Home Improvement Projects

Monday, September 28th, 2009

Rebecca Noel asked: With any remodeling and construction projects you do on your home there are many payment options available for most home improvement remodeling projects. For example, you can get your own loan such as a home equity loan or credit equity line or ask the contractor to arrange ...

All About Home Equity

Monday, September 28th, 2009

Somerset Mortgage Lenders asked: What is Home Equity?Your home equity is the appraised value remaining in your home after you subtract the remaining balance you owe on your existing home mortgage(s). It can be thought of as the part of the home you actually own instead of the bank: the ...

Why is Clinton’s Treasury Secretary Letting the a Sub-Prime CEO Walk Away with Over $50 Million?

Sunday, September 27th, 2009

Duminos asked: Rob Rubin in on the board at Citibank. And, he just took over the top position after the former CEO, Chuck Prince, resigned. Prince made Citibank and consumers lose billions of dollars in sub-prime loans. But, Prince is walking away with over $50 million. Did Clinton's man do ...

A Sub-prime Economy?

Thursday, September 24th, 2009

Warren Graham asked: As a practitioner in the fields of bankruptcy, workout and corporate restructuring, and in a shameless admission of self-interest, I readily admit to being vitally interested in whether the U.S. Economy is due for a downturn. It has often been said that economists have predicted nine of ...

How To Avail Home Equity Loans

Wednesday, September 23rd, 2009

Marlon Dirk asked: When it comes to your home mortgage, if you've owned your home for a while, there's a good chance you have equity built up, this can allow you to get a home equity loan. Home equity loans are usually low interest loans that use your home or ...

Home equity ?

Monday, September 21st, 2009

Sue T asked: I bought and sold a home for my daughter using a home equity loan from my home. After selling the home, I put the equity back into my home (and still pay on it). My taxes are reading that by selling this home, I received income - ...

Sub Prime Mortgage Loans for Bad Credit Borrowers

Sunday, September 20th, 2009

Josh Spaulding asked: If you’re struggling with a poor credit rating, you’ve probably heard about sub-prime mortgage loans. While some people qualify for the ridiculously low interest rates advertised on bank billboards, those of us who aren’t so fortunate have to seek other means of getting financing. Fortunately, sub-prime mortgage ...

Is it possible that Sub-Prime Sarah will disappear in a Moose-hunting accident?

Friday, September 18th, 2009

whimsy asked: Veeps are expendable, and her usefulness has eroded. Is it possible the GOP will get rid of her in an attempt to elicit sympathy?Bamboo Flooring Installation

whats the difference in a home equity loan and a line of credit?

Friday, September 18th, 2009

rtdozing asked: I know what a home equity loan is but not sure about a line of credit-which one would you recommend?

Home equity line of credit: Can I use it for the down payment to buy another house, then sell the first house?

Wednesday, September 16th, 2009

christofe1 asked: Hello everyone, I need to move to another location. Can I take a home equity line of credit on my existing house to pay for the down payment of a new home, and then sell the first house that I used for the line of credit? Are there ...