What to look for when shopping around for home equity loans?
March 27, 2009 by Debt Equity Financing
Filed under More Equity Answers
Any advice on what to look for when shopping around for home equity loans?
Are there referral commissions?
I have a couple of individuals looking for a home equity loan … I told them I’d look into it for them. I’d like to find a quality vendor, but if referrals commissions are paid out, I’d like to negotiate for that too.
How do I figure out what is a “great deal”?
PS. I’ll happily take general replies but this would be specific to Calgary, Alberta, Canada.
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How does the equity of a home play a role in the sale of that home?
March 26, 2009 by Debt Equity Financing
Filed under More Equity Answers
I hear too often that if my home has equity then thats great when it comes time to sell. The way I see it is that If I own a home free and clear then selling the home will allow me to keep all the money. If I still owe 20000 on my home and it has equity of 400k If I sell it for 400k then I simply pay off the balance of my mortgage (20k). Am I missing something here?
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What amount of equity do we have to give up for raising money for a startup?
March 23, 2009 by Debt Equity Financing
Filed under More Equity Answers
We’re a startup with a really good concept/idea that can sell and we are various offers, we are entertaining various offers, some asking for large chunks of equity but guaranteed immediate moderate amounts of cash, the others are willing to give larger for smaller stake sold but take longer? What is the optimal amount to give up for the capital you need?
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How long do you have to wait for a home equity loan?
March 22, 2009 by Debt Equity Financing
Filed under More Equity Answers
How long after purchasing a home do you have to wait to take out a home equity loan? Do you have to re-close? Are there loan you can take out beside equity if you own a home?
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How can you sell partial equity in a residential property?
March 13, 2009 by Debt Equity Financing
Filed under More Equity Answers
I co-own a house with one other person (not a spouse). I want to sell the house and move away, but she doesn’t. Legally I can’t force her to sell, but I’ve heard I can sell my portion of the equity to someone else so they will become part owner instead. Can this be done? What sorts of people/organizations would make such an investment? How big a discount would I have to give the buyer off of the equity?
Professional answers please. If you have no knowledge about this please do not answer.
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