I’m quite frustrated at the process involved with trying to get a home equity loan. Last week an appraiser did a drive-by appraisal and the value came back just fine. NOW, they’re requesting a second appraisal, this time a walk thru…. is this legit? Do I have to submit to this? Is this common?
Archive for the ‘Q&A Home Equity Loans’ Category
Can A Bank Require You To Have Two Appraisals When Applying For A Home Equity Loan?
Sunday, June 28th, 2009Do You Have To Pay Any Sort Of Tax On A Home Equity Loan?
Saturday, June 27th, 2009I am thinking of getting a home equity loan to pay off our credit card debt. We own our home free and clear. Will there be any taxes on this…I am not a very financial person so any advice would be great!!