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BSOct/07Bills Staff
October 7, 2007I believe I am in a financial bind. I am behind in my Philadelphia city Real Estate taxes and don't have the cash to make a one time payment nor do I qualify for a low income payment program. My financial situation is this, retired from the local police dept. collecting a pension (55 years old), I also have a job with a 401K and can borrow on that. There's not much in there but I can...
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Oct/07Mark Cappel
October 4, 2007We own 2 homes and are in the process of buying land so that we can build and then sell 1 of our homes. I have been looking into refi's, construction loans, and equity lines of credit. We have enough equity in both homes so I am trying to figure out the best way to finance this venture. We need 400k and after selling 1 house we will need about 100k mtg. I want to get the best rate but also want to...
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Sep/07Mark Cappel
September 9, 2007I would like to know if I should refi. I have a 30yr fixed at 6% with 25 years left on it, a home equity loc for 25000 with a balance of 12,000 at 73/4%. My home is worth about 325000. What should I do?
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Aug/07Mark Cappel
August 26, 2007
I know it's true that in the state of Texas you can only refinance up to 80% of your equity value. Is the same true for home equity loans in Texas? If so, are there any exceptions?
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Aug/07Mark Cappel
August 19, 2007
Can you help me find a lender to refinance my house now that I am in the redemption period of my foreclosure?
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Aug/07Mark Cappel
August 16, 2007
I need to refinance b/c I have a stupid no-interest loan that is about to expire and the value of my home is now less than the mortgage. What are my options?
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Aug/07Mark Cappel
August 16, 2007Can I refinace If we only been in our home for 1 year?
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Aug/07Mark Cappel
August 16, 2007
I re-financed in June/July, and received my appraisal after I signed my loan. In it, the appraiser lied and gave me a patio that I don't have, and with a new roof, new French doors, new attic stairs, and up-grades on my bathroom, but still only gave me $3,000 more than the appraisal that I had the previous August. Someone said to get the patio done, re-appraise the house and then if it i...
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Aug/07Mark Cappel
August 14, 2007
If a homeowner gets 100% financing when can he refinance that home? Must the home have additional equity or can he refinance as long as mortgage rates are lower than his current loan?
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Aug/07Mark Cappel
August 14, 2007My wife and i recently purchased a home with an 80/20 mortgage arm for the first two years. we needed to do this for a few reasons: 1) we didn't have seasoned money at that time dispite both of us having credit scores of 800 or better and having excellent well paying careers. 2) we didn't have enough money for both the closing costs and 10% down. We were told that we would need to refinance just ...
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