What is the difference between an equity loan and a 2nd mortgage? Do they both have closing costs?
What is the difference between an equity loan and a 2nd mortgage? Do they both have closing costs?
Posted in Mortgage Tips
Tagged closing, closing costs, difference, equity, equity loan, loan, mortgage
Another thing: this land is covered with broken down trailers and old R.V. and I need someone with truck to remove the squatters with their trash out of there.
The land is for sale and is located 70 miles east of San Diego.
How do I proceed to clean my land from all that trash.?
Posted in Land For Sale
Tagged Land, loan, loan institutions, money, R.V, someone, south california, squatters, Thing, trailers, trash, truck
i have a 18 month old boy and my wife and I just moved into our apartment and dont have the rent I need help please!!!!!
I am trying to sell my house. The sales price is $131500, the buyer was able to get a loan for 97% of the sales price. However they want me to do a Seller’s Second Mortgage for the remaining 4% ($5000). How exactly will that work? What do I base the terms on? How does the agent get paid?
The house had very little equity in it. How does my bank get paid? Is it a good idea to even consider in the first place. Thanks.
I bought a house for a rental 1.5 years ago with a 1031 that is appraised at 350k, I just took a loan out on it for 200k. If I sell this house this month, how much do I have to exhange. does the sale of the house pay the loan off and keep the money have only to spend 150k or do I need to spend what the house is worth?
Posted in Homes For Sale
Tagged $200K, 1031 exhange, Capital, capital gains, exhange, house, loan, money, month, sale