we are thinking of selling our house, would it be wise to use the collateral from our house to renovate it?
Tuesday, December 15th, 2009 at
2:15 am
My Husband and I are going to sell our house we are refinancing our mortgage, would it be wise to put the colatteral from your house to renovate it we wil have about $120,000 left.Where can we find some one to help us do this waiting for your reply soon.
Repossession
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Tagged with: Colatteral • House Mortgage • Reply • Selling House
Filed under: property renovation
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No, sell the house and make as much as you can. Spending your collateral in this market is one stupid move.
In this market, since there are so many houses on the market, chances are, you would not see a good return on your investment to renovate. New paint, carpet and perhaps appliances. A good scrubbing and PRAY for an offer!
Aangezien ik dit begrijp, vraagt u of zou u aangaande financi