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Q: Real Estate: Home Equity Loan - versus - Reverse Mortgage ( No Answer,   0 Comments )
Question  
Subject: Real Estate: Home Equity Loan - versus - Reverse Mortgage
Category: Family and Home > Home
Asked by: nronronronro-ga
List Price: $25.00
Posted: 24 Jul 2005 22:53 PDT
Expires: 25 Jul 2005 15:18 PDT
Question ID: 547486
Hi There!

1.  What are the differences (pros and cons) between these:

Home Equity Loan
Home Equity Line of Credit (HELOC)
Reverse Mortgage

2.  A five-star answer would be 1-2 paragraphs on each of the three
options (3 to 6 paragraphs total).  No background or supporting
information required.

3.  If you know of any other methods to "extract" cash from
accumulated home equity, please include them!  Thanks.


ron


P.S.    All comments greatly appreciated!
Answer  
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