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Are there restrictions for getting a home equity line of credit if you own a condo?
Wiki User
∙ 10y ago
Your mortgage lender who is offering you an equity line of credit can answer your question.
Wiki User
∙ 10y ago
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Can you use your condo your primary residence for a equity line of credit?
If you live there, of course. If you do not live there, then it is not you 'primary residence'.
You want to put up your condo for money?
Discuss this option with your financier and your lender, since your equity may be leverage you can use.
Can you give the equity in a condo you own with your son to your son?
Yes. You can quitclaim your interest in the condo to your son and he would become the sole owner. Especially if the equity is over @ $13,000...get some tax advice on gifts to children and the effect on eventual estate tax. It may be better to do it in steps over a few years ro not incur tax.
Can a super hired by the condo buy a unit in the same building?
(in the US) Certainly. There are no legal restrictions on where anybody may live.
What are condo owners rights to post lease signs?
The rights of condo owners to post lease signs may vary depending on the rules and regulations set by the condominium association. Generally, owners have the right to advertise their property for lease within reasonable limits, but they may need to comply with any advertising guidelines or restrictions imposed by the association. It is recommended to review the condo association's bylaws or consult with the management before posting lease signs.
Can condo association limit animals?
Yes, condo associations generally have the authority to limit or regulate the keeping of animals within the condo community. This can include restrictions on the number, size, breed, or type of animals allowed, as well as rules on noise, waste disposal, and other related matters. However, any restrictions must be reasonable and in compliance with local laws and regulations.
How do you get your bear out of your backpack on build a bear ville?
Well, you have to be a V.I.B member. Or go to your condo or any other condo to free your bear from your backpack. I recommend getting a V.I.B membership.
Can a lien placed by condo assoc on property that is paid for show on credit report?
Yes.A lien is a matter of public record and the credit bureaus will pick it up and add it to your record.
Should we get condo insurance?
Yes you shoud get condo insurance! If something bad were to happen natural or not you are going to save a lot of money on repairs and rebuilding that if you dont have will definetly follow you for years. It also may save your credit.
How do I convince my grandparents to let me get a dog while I am living in their condo?
Sorry to tell you this, but you may not be able to do that. Some condo associations have rules against dogs and that may prevent you from getting one.
How can I get financing on a condo with bad credit?
Obtaining financing in today's real estate market is difficult even with good credit. If you have poor credit you'll be looking at higher interest rates. Contact a local mortgage broker for help.
Can you get a mortgage to purchace a 395000 condo if you put 30 percent down but have a 577 credit score?
can i get a loan to purchace a 395,000 home if i put 30 percent down but have 577 credit score
