Financing in Gulf Highlands>Question Details

Bill Stephens, Home Buyer in Panama City Beach, FL

I've got a vey good purchase agreee for the house. My Fatheer is sick and we are next line to recieve funds from the estate. my wife and here

Asked by Bill Stephens, Panama City Beach, FL Thu Oct 13, 2011

only o My Wife and her son are the only ones entitled to the fund which we figure is probably about min 1,000,000,000. If you can carry the note we will pay aboutbest rate we can get on anote

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2
Bill,

The best recommendation I can give you is to talk to a seasoned mortgage professional. You may possibly be able to refinance your home and take cash out. Also, an option is a line of credit but banks have tightened up on lines of credit. Make sure you read the fine print on any loan agreements so you know exactly what you are agreeing to.

Thanks,
Carol Perdew
Prudential California Realty
(209) 239-7979
Carol@PerdewHomes.com
http://www.CentralValleyHomes.com
DRE 985176
0 votes Thank Flag Link Thu Oct 13, 2011
Bill - Have you tried getting a personal loan or talking with a mortgage broker?
0 votes Thank Flag Link Thu Oct 13, 2011
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