05-05-2008, 02:54 PM
[quote Michael]so it might be more difficult if your credit isn't golden and/or you won't have significant equity in the house.
Yes, credit is still great, but there is the problem with equity. We have done some upgrades to the house, but since property values have dropped a few percent in the area since last year we would be lucky to have earned any real equity since then.
Yes, credit is still great, but there is the problem with equity. We have done some upgrades to the house, but since property values have dropped a few percent in the area since last year we would be lucky to have earned any real equity since then.