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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (2507)4/30/2002 5:48:13 PM
From: TradeliteRead Replies (2) of 306849
 
Grace, I might be missing something, but home equity lines of credit and second mortgages have limits. You have implied or stated more than once that if a person takes out one of these loans, they are paying on it for 30 years. If I'm not crazy (possible, but not likely), there are limits on the repayment time.
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