Sentences with phrase «plenty of equity»

For homeowners with plenty of equity in their property, a home equity line of credit (or HELOC) can be a convenient line of credit.

Then, you only have 1 note plenty of equity!

Conversely, if your home is free and clear, or you've got plenty of equity, it could be a practical way to tap into it.

But if you are a smaller player applying for a new mortgage, the banks want to see plenty of equity and might insist on an interest rate of up to 11 percent.

And he had healthy savings, plenty of equity in his home, and a solid pension in place.

Home equity: Homeowners with plenty of equity in their residences can consider a home equity line of credit (HELOC), home equity loan, or cash - out refinance to pay off debt.

The Whitfield's also like the idea that they could sell the home at any time, pay off the reverse mortgage, and have plenty of equity left for future needs.

3 Mar. 7, 2011)(unpublished) was a case where a plaintiff attorney bought a note and two guarantees in a situation where he felt that the property had plenty of equity so that he could reap some sort of profit, whether handsome or slim.

«There's an abundance of capital chasing deals today, plenty of the equity lenders are back at full - steam, and we're seeing some new entrants on the private - pay side,» he says.

Home equity: Homeowners with plenty of equity in their residences can consider a home equity line of credit (HELOC), home equity loan, or cash - out refinance to pay off debt.

Those with plenty of equity in their residences can tap a home equity line of credit (HELOC) or home equity loan to consolidate and pay off debt, says Ulzheimer.

«I felt they wouldn't be liquidated and there would be plenty of equity left for the shareholders.

Since you have plenty of equity you won't have to come up with cash to do this.

If you have plenty of equity and you're refinancing, there's the temptation to get a cash - out refinance.

The FHA's rate - and - term refinance might also make sense if you have plenty of equity but your credit score has declined.

Homeowners with plenty of equity have likely refinanced more than once during the years of low mortgage rates, but other homeowners were prevented from refinancing because their home value dropped after the housing bubble burst.

I'm having a hard time getting equity out of my 5 properties, 1 paid off, the rest with plenty of equity, but my debt to income ratio of 60 - 65 % and the fact that most of my income is coming from short term rentals (airbnb, between 75k - 85k income), is making qualifying really difficult even though I have 2 years of history, 740 credit score.

And I suppose some people don't like their primary encumbered, but sounds like a super low LTV and plenty of equity.

That doesn't have to happen if you have plenty of equity in your home.

The best deals are going to go to those with excellent credit and plenty of equity.

And while you have plenty of equity in your home and a healthy retirement account, there's nothing in the bank.

«If you don't do this, you might find yourself with too high an interest rate that you can't get rid of, too high a payment for your new, lower income or plenty of equity but no way to access it readily.»

I made the mistake of paying down some debt as much as I could so I have plenty of equity, but little cash on hand.

RM: I think it's important for agents to be inventive, to educate sellers with plenty of equity that this is a good time to move up.

We are both 65 years old and have a small mortgage on our house but have plenty of equity.

There is plenty of equity in the property and I have already determined that the daughter does not want to live in the home.