The Home Equity Theft Reporter: South Florida Court Voids $180K+ Mortgage As Foot-Dragging Lender Walks Away From Unwanted Collateral; HOA Makes Off With Free & Clear Condo

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The Home Equity Theft Reporter: South Florida Court Voids $180K+ Mortgage As Foot-Dragging Lender Walks Away From Unwanted Collateral; HOA Makes Off With Free & Clear Condo; Florida nurse arrested for alleged rape of dementia patient in nursing home

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Compared to certicates of deposit and passbook savings that typically pay 2.5 to 5.0 percent, a 7 to 10 percent rate of interest could look pretty good. Borrow against Other Assets. If you’re a homeowner with good credit, you can raise seed money for investment real estate by taking out a home equity loan (i.e., second mortgage) on your home.

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