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Posted by Kerry Struif Mar 26, 2006 |
Over the last few years your home's value has probably risen substantially. You might be surprised to learn just how much equity you have now. To find out, you can hire an appraiser or call an insurance agent and ask for a free Comparitive Market Analysis (CMA.)
If you want to pay off high-interest debt, you might consider a home equity loan or line of credit, or look into refinancing your loan to lower your monthly payment, pay off credit cards, or make home improvements.
Visit http://mortgagesloans.suite101.com/ for a series of articles about home loans and refinances to learn more. Bookmark our site to learn insider secrets of the home loan business.
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