thanks for the responses, but honestly, I do not think I got any response to my actual question.
How are people who have high financial equity in house able to use it to their advantage compared to those who are negative equity ?
Assuming both do not sell.
1. Refinance advantage: With negative equity, may need extra cash handy to refinance.
2. HELOC ? How many people actually need to/end up using this ? Is is really a great financial advantage ?
3. What else ?
Thank you.
How are people who have high financial equity in house able to use it to their advantage compared to those who are negative equity ?
Assuming both do not sell.
1. Refinance advantage: With negative equity, may need extra cash handy to refinance.
2. HELOC ? How many people actually need to/end up using this ? Is is really a great financial advantage ?
3. What else ?
Thank you.
Statistics: Posted by esipsi — Thu Apr 25, 2024 6:38 pm — Replies 12 — Views 494
