Financing in Potomac : Advice

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Brent Mendel…, Real Estate Pro in Bethesda, MD
Brent Mendelson answered:
could I refinance to pay off my home equity credit line that I used for renovation if my property value goes high enough to cover 2nd mortgage?
Thanks Greg I appreciate your words. It means alot.
0 votes Share Flag Fri Jul 27, 2012 Financing in Potomac
Brent Kluge, Real Estate Pro in District of Columbia
Brent Kluge answered:
Would the appraiser make a floor plan of our basement if it is not completely finished? The appraiser said he would inspect my house "as
I concur with Mikel... a finished basement will add to the value of the appraisal. Measurements are always done. Sounds like you are just about there. I'm guessing your mechanic ... more
0 votes Share Flag Fri Sep 16, 2011 Financing in 20854
Rita, Home Owner in 20854
Rita answered:
How much value would 3rd full bath or 5th bedroom add to the house value in an appraisal that is required for my refinance?
Thanks for all of your answers. Yes, I have a new egress window installed in the bedroom and it meets the building code. I'll make a list of new improvements including new energy s ... more
0 votes Share Flag Tue Aug 30, 2011 Financing in 20854
Voices Member,  in
Voices Member answered:
I have more than 25% equity in my home purchased 2 years ago. I was out of work over a year and depleted much of my savings. Now I am under employed.
A cosigner will be hit with the entire mortgage as their obligation when they go to get other financing.
It will be the same deal ,if u put them on title.

all e or email me,. I may ... more
0 votes Share Flag Wed Oct 14, 2009 Financing in Potomac
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Brian Magliaro, Agent in 20852
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Andrea Gaus, Agent in Potomac, MD
Andrea Gaus
Potomac, MD
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