Home Buying in Cape Coral>Question Details

Ck, Other/Just Looking in Cape Coral, FL

I paid cash for a foreclosure home as an investment. I want to pull the equity out and buy another. What is?

Asked by Ck, Cape Coral, FL Mon Apr 6, 2009

the best way to do this?

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Answers

3
LOL Go to any bank and get a line of credit against your free title
0 votes Thank Flag Link Mon Apr 6, 2009
Contact a mortgage broker review your options made available. You might have contact a CPA confer with tax benefits and additional recommendations.

Lynn911
~ National Featured Realtor and Consultant, Lecturer regarding Credit Repair, Mortgage Loan Officer
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Mon Apr 6, 2009
Some lenders are saying you have to wait 6 months until you can do it, others are not. I just talked to a guy at Wells Fargo who said not an issue. A few others say no way, it has to be 6 months..

Let me know if you want the number for my contact at Wells Fargo.

Jay LaGace
LaGace & Whitt Partners
Century 21 Birchwood Realty Inc.
4040 Del Prado Blvd.
Cape Coral, FL 33904
239-443-8795
Web Reference: http://www.capecoralc21.com
0 votes Thank Flag Link Mon Apr 6, 2009
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