Equity Problem Solution

By
Services for Real Estate Pros - United First Financial
Everybody wants to buy a house or move up to a new house but equity problems may prevent this. That is, they don't have enough equity in their existing home for the down payment and closing costs.How can this equity problem be solved? Through use of the Money Merge Account Program, homeowners have the ability of creating their own equity.
RECENT BLOG POSTS
What Happens Now? This Friday will usher in the end of the Federal Tax Credit for First Time and Move-up Buyers Program.  The question is what will this mean for real estate market sales....will they continue with the current momentum or will they end abruptly? I have been talking with a number o...
04/26/2010
I meet many homeowners who are frustrated because they have lost equity in their homes and are now upside down where they owe much more than the home is worth.  The repeated story I hear is that they had been planning to purchase a larger home but got caught up in the real estate slump. I started...
04/25/2010
Can't sell the house if they can't get out from underneath the morgage. There are a lot of homeowners who want to move up to a bigger house but can't because they don't have enough equity in their current home to get out from under their existing mortgage and to have enough for the downpayment. I...
04/24/2010
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Karyn Ross

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Everybody wants to buy a house or move up to a new house but equity problems may prevent this. That is, they don't have enough equity in their existing home for the down payment and closing costs.How can this equity problem be solved? Through use of the Money Merge Account Program, homeowners have the ability of creating their own equity. The second issue could be debt to income problems that affect their credit score. How can both of these be solved? The Money Merge Account Program is the solution. Use of the MMA helps homeowners create their own equity in their existing home. And because the MMA will also help them pay off other consumer debt quickly, it has the benefit of increasing the credit score.