Can I take out a home equity loan if the home was given to me with a quit claim deed, but carries a life estate?

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adonis

Posted on: 09th Feb, 2011 11:00 am

Home and property is in the state if WI

Total Reply : 1

hi guest,

as you're one of the owners of the property, then you can take out a home equity loan on it. however, in order to get a home equity loan, you should have equity in your property.

adonis

Posted on: 09th Feb, 2011 09:46 pm

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