Home Equity Loan – Beware of the lingering lien!

Written by Charles Essmeier


Continued from page 1
can also arise when a homeowner is trying to take out another home equity loan, perhaps to facilitate debt consolidation or home improvements.

Here are a few things you can do to avoid this problem:

  • Get a copy of your credit report. If there are any errors, particularly errors showing an open line of credit or a home equity loan that has been paid off, contact your lender.


  • Keep your paperwork from all real estate loans, even if you have already paid them off. Then you will have them at hand should you need to demonstrate that you have fulfilled your obligations.


  • Ifrepparttar lien shows up on public records or a credit report, butrepparttar 136981 original lender says that you have paid it, have them send you a copy of their documentation regarding your reconveyance.


    • As with most issues that come up when financing or refinancing a home, this one can be resolved by remaining diligent and keeping proper paperwork. As always, it’s a good idea to check your credit report regularly, particularly if you plan on taking out a loan inrepparttar 136982 near future.

    ©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a Website devoted to debt consolidation information and HomeEquityHelp.net, a site devoted to information on home equity loans.


    Moneynet blasts high street travel agents for exorbitant insurance premiums

    Written by Moneynet


    Continued from page 1

    “The FSA does cover annual premiums bought through high street outlets, but single trip cover, which is very popular with holidaymakers, is not underrepparttar watchdog’s remit,” said Brown.

    Another issue for potential concern is that different levels of travel cover are available – e.g., gold, silver and bronze. It is important for holidaymakers to understandrepparttar 136980 level of cover being purchased and to compare like with like.

    “You have to ask yourself if a travel agent – who is more often than not only concerned with commission – actually knows what level of cover is most appropriate. At Moneynet we have an at-a-glance system, so you know exactly what you are getting,” added Brown.

    Results: The quotes below are for a two week trip to Europe for a family of four (two adults and two children under 16): single premium

    Moneynet £35.10 Travelcare £75 Thomas Cook £120 Thomson £124 Source: Moneynet, April 25, 2005

    # Figures are fromrepparttar 136981 Association of British Insurers, February 2005

    Moneynet.co.uk is the UK’s most established personal finance research and data website.

    Press enquiries: Richard Brown, 020 8313 9030, info@moneynet.co.uk Website: http://www.moneynet.co.uk ADDRESS: Moneynet Sussex House 8-10 Homesdale Road Bromley Kent BR2 9LZ


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