Getting evicted, what will happen?
Well, last year I started a new job we had lots of overtime so paying bills was not a problem, this year with economy in the gutter our biggest customer(s) cut their order by 75%. So now only working 32 hours a week and searching for 2 months for a part-time / night job / temp agency I have not been able to find anything unless it’s fast food which really doesn’t pay enough to fix my finical situation. So now rent is due and I’m pretty sure I’m going to lose my apartment to eviction (yes I’ve already exhausted the payday loan thing which I hate doing). I’ve never been through this, what will happen? What can I do, my landlord is a “slum lord” so I’m not sure if talking to her will help. I’m on a month to month lease. Any ideas or advice, I know this is going to destroy my credit history but it seems unavoidable.
Thanks for the advice the state I live in is CO and the reason I’s like to stay at this place is becuse she covers water and gas.
What is a home equity loan and what is the process to applying/being accepted for one?
I paid roughly $90,000 for my home. It was a TLC home and I’ve fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $275,000 last year. Does equity play a part in this. Am I eligable for an equity loan? I don’t want to go into it without fully understanding what it is–I also don’t want to go to my banker with stupid questions….Another thing. Im looking to build my own home–hence the loan inquisition.
What is the difference between a mortgage and a home equity loan?
I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or am I limited to a home equity loan. I’m not interested in HELOC’s.









