Asked by K, 12302 • Fri May 2, 2008
is there anyway to transfer the home equity to a new home? what else can we do? we've only owned for 2 years--home equity is covering past debt. i think we can sell our home at a price to cover 1st mortgage, but not both combined and we don't have the money to pay off the other loan. please help. i'm very heartbroken over this as we're trying to move closer to family.
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