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Can you use your condo your primary residence for a equity line of credit?
Wiki User
∙ 10y ago
If you live there, of course. If you do not live there, then it is not you 'primary residence'.
Wiki User
∙ 10y ago
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Are there restrictions for getting a home equity line of credit if you own a condo?
Your mortgage lender who is offering you an equity line of credit can answer your question.
What insurance companies will provide homeowner or condo insurance for a rental condo without having to insure your primary residence in my case rental insurance?
Your local insurance broker can answer your question.
What is Daniel johnford estrada padilla's residence?
East Raya Condo in Pasig
What is the highest elevation private residence in eastern America?
This 14,260-square-foot condo is described as the highest residence in the Western Hemisphere at 1178 feet above ground.
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 you get evicted at a condo for not having a FOB key?
Read your lease and read the association's governing documents to determine the grounds for eviction from your residence. There is no standard.
Where does missy fraklin live?
Missy Elliott's place of residence is unknown, but until 2014, she owned a condo in Miami.
Is a townhouse like a condo?
A little, but they are different. A townhouse is usually a row house, one of several attached buildings. They may have completely separate ownership. A condominium ("condo") is often more like an apartment but essentially it is a residence that is part of a group that has shared management and maintenance. The condo owner is responsible for inside the walls the a Home Owners Association (HOA) is responsible for the outside and the grounds. The condo owner will pay a monthly fee to the HOA for this work.
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 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.
