Get Out Of Debt-How To Get Out Of Debt

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Archive for April 30th, 2009

I am getting ready to refinance and I heard that I can take some money out to pay off debt How does this work?

April 30th, 2009 | Author: admin

Rockinrobin asked:

In other words, If my loan is 250,000 and I want to refinance and lets say my house appraises for 300,000. Does that mean I have 50,000 I can use to pay off debt? Am I understanding this correctly?
Thanks.

Hans Tanenbaum

Posted in Renting & Real Estate | Tags: Money, Pay Off Debt, Refinance | 6 Comments »