Friday, May 14, 2010

Resolved Question: House given to us free & clear, how do we go about getting a home equity loan?

My grandparents are giving us their 2nd act home. No money unpaid on it, title module be ours next week. Here's my question: we poverty to clear soured whatever debt & do bag improvements, but I am afraid about the seasoning clause. What banks/lenders substance bag equity loans without a seasoning clause? Since there is no acquire amount, module they go by the appraised continuance in this case? Thanks in advance.
Miami Home Mortgage Refinancing Rates

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