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 When should i move out of my parents house?
I am a 19 year old college student, I have lived in the dorms one semester and decided that I wanted to come back to go to a smaller community college because my high school didnt really prepare me ...


 Housing question about?
I got a question my husband and I live with his brother that owns a house and my husband and his brothers name is on it. his brother is tring to kick us out. Can he do this?...


 I am subleasing, is this legal?
Hi,

I am subletting an apartment where the leasee, was suppose to notify the apartment complex of my move in. However, that notification never occurred (I believe this was because it is ...


 Looking into Carlisle PA for Relocation?
I visited Carlisle PA and thought the area seemed to be well planned out and clean, and pretty. The taxes are a 3rd of those in NY, and the landscape is beautiful. People were polite, and the price ...


 We would like to rent our house to international guests?
We have a holiday house that I know international guests will love. It is in Australia, next to a National Park and near a lake and the beach. kangaroos come out everyday and sit on our front lawn. H...


 Never got evicted, but shows on rent history?
We tried to sign a contract lease for 12 months today, and was turned down to a record showing "eviction" on my rent history. I was surprised, as I've never been evicted.
I'...


 i need a urgent loan with bad credit?
i need just 700 dollar loan immediately.........


 Do you have any experience with short sales? I need some help?
My parents listed the house through short sale at $215k and officially goes on the market Tuesday. Well I am actually interested in real estate to begin with and I want to know how this process ...


 can ssi cut your check if a house, which is your residence, is put in your name? and do you have to report it?
...


 What other kind of mortgage loans are there besides FHA, what if your credit isnt great?
I know Fha has many requirements 620 minimum score being one, what other kinds of loan are ...


 what does cost-sharing mean in renting a room?
Hi,
I will be living in someone's house for my undergrad degree. Instead of a rental lease agreement, we are doing some cost-sharing agreement, where I can't claim my rent for taxes. H...


 I purchased a house and the loan docs say I have to make it my primary residence..?
Within a certain amount of time. I'm a pilot and I'm gone a lot, and even work in a different state. I know the reason is because they don't want me to rent the house or make it a ...


 Where can I buy property to start a bar?
I want to start a bar and make it a family business. I just need either a closed bar or property to buy in Kettering,OH to begin....


 How many are of over the been to housing with all?
Like, seriously.
Additional Details
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 I AM IN PRIVATE HOUSE AND I WANT TO MOVE IN ANOTHER COUNCIL, HOW CAN I DO IT?
I:M ALONE PARENT , I GOT THREE CHILDREN AND I AM GETTING HOUSING BENEFIT I WANT TO MOVE IT FROM HARINGEY TO HACKNEY COUNCIL , PLEASE ANY ONE CAN ADVISER TO ME, THANK YOU...


 Is 276 sq ft a decent sized studio apartment for one person just graduating college?
The apartment is $440 per month and in a great location. There is a 450 sqft studio apt that is $550 per month....


 Real Estate question: If my mother stops paying the mortgage on a rental property she has...?
...(the debt is more than it's worth), that is if she just decides to 'walk away' from it and let the bank foreclose on it, can the bank go after other assets (paid off properties/...


 In need of major repairs to my home. I'm a home owner, but i don't have the money for repairs.?
Is there any government programs were i can get a free grant or a loan for these repairs?...


 boyfriend issues with moving
Okay story is my boyfriend and i got a six month lease under my name. I have 1 month left on lease and already have somewhere to go. Problem is i am breaking up with my boyfriend and im leaving ...


 Roommate overcharging (fraud?) and tenants rights!
Hello, My roommate is the only person on the lease (hereby defined as "she"). Two of us moved in later and she lived with her friend in a newly rented apt when we found out she is, beyond any doubt, ...



Kip
Should I take out from my home equity line of credit to pay off my mortgage?
Mortgage interest rate is 5.625%. My home equity line of credit is just 2.75%. I have enough credit to cover the balance of my mortgage, and will certainly pay it off either way within the 10 year requirement.

What are the ramifications? Am I missing anything?
                     
 




chatsplas
Rating
You lower the amount of interest you pay over the life of your loan.
Is the HELOC a fixed rate, or can it climb?
Assuming there is NO prepayment penalty on first mortgage?
Borrowing Peter to pay Paul doesn't always make sense, but may here.


bad girl
Rating
1. Is the equity line a fixed rate or adjustable?.
2. Is there a pre payment penalty for paying off the 1st mortgage?


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