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Financing in Elgin : Real Estate Advice

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  • Local Info12
  • Home Buying46
  • Home Selling8
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Activity 2
Tue Feb 5, 2013
Riccardo Wardlow answered:
You can always talk to another insurance company to serif they would require the same repairs.


Sean Cochran
Quality Mortgage Lending
www.qmlending.com
630-330-2229 cell
630-470-6830 office ... more
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Tue Aug 9, 2011
Michael Cline answered:
Kurt,

You really only have two options. One, is to try and sell the home outright or as a rent-to-own (land contract), even if it's at a loss. Two, is to refinance the home as an investment property. Based on the info you've provided, I doubt #2 is a viable option since you'll need at least 20% in equity. You're in a tough situation, either way. Good luck.

Mike.
... more
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Financing in Elgin Zip Codes

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