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Monthly Archives: September 2013

If you think yo…

If you think you can, you can. And if you think you can’t, you’re right.
Mary Kay Ash

My mama always said “Can’t never could” 🙂

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HOW TO PULL CASH FROM THE HOME YOU JUST BOUGHT

 

Tuesday, September 17th, 2013

As this exuberant housing market takes shape, the chance to harvest equity – to tap into idle cash – from your home may prove to be a worthwhile endeavor. In March 2011, Fannie Mae lifted the requirement that you had to hold title to a property for six months before you were allowed to access your cash equity.

The change has since allowed homeowners to acquire property and then immediately cash-out refinance to replenish liquidity, purchase other real estate, do home improvements or pay off debt. However, while it is a viable strategy, successfully sealing the deal on the “delayed financing” is something else entirely. Here’s what you need to know.

Read more here:  http://finance.yahoo.com/news/pull-cash-home-just-bought-100031717.html

 

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