Open Question: How Soon Can I Take Out a Home Equity Loan or Refinance After a Cash Purchase of a Foreclosure?

Voting Question: What's the best way to consolidate debt?

We're looking for the best way to consolidate our debt. I'd like to apply for a Home Equity Loan or HELOC but our home is financed through a family member. Therefore, nothing is really on "record" as far as our mortgage. Can we still apply for such a loan?

Just looking for suggestions on consolidating our debt... any suggestions would be appreciated.

Resolved Question: What is the best way to pay off credit cards?

I have two credit cards, one at 9% and one and 14% interest. I'm not using either of them but the combined balance is at around 16000. I'm wondering if I should do a consolodation loan, home equity loan, or just pay them off monthly. Any thoughts?

Open Question: Refi rates in New Jersey?

My parents are trying to refinance their mortgage and equity line into one loan. Credit scores are 538 and 600. House should appraise for 180k, they want loan for 150k. What kind of percentage rate would they be looking at for a 30 year fixed.
Thanks

Resolved Question: Is interest from home equity loan to purchase of a car deductible?

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