@Leland Titus I take it the bank/lender is paying what the outstanding loan balance is plus any interest and attorney fees etc. at the auction?

Virtually every area of San Diego has historically outstanding appreciation.  

Hi Adam this is an interesting scenario given your outstanding balance on your HELOC. 

You are also going to be greatly increasing your monthly carrying costs every month the HML is outstanding.  

You're basically gambling on the property a) not depreciating or losing value in the between your purchase and refinance and b) leaving A LOT up to chance with the appraised value coming in higher than your debt outstanding, and doing so with a significant enough of a margin where you're either not coming to the closing table with cash or cashing-out.

I hope it finds you and others well so that you too can spearhead the Analysis Paralysis and just PULL THE DAMN TRIGGER!  

Originally posted by @Drew Sygit:@Michael E. read our Deep Dive series to find out:) Outstanding information here!

But one thing I think is true once you sell out of Ca its damn hard to go back because of appreciation in that area. 

Looking for form for Contractor to Sign after completion of job stating there are no outstanding Sub-Contractors or Materials Providers that have not been paid.I'll check wit Title Company.

Her work ethic and knowledge are outstanding and If she can't get you what you're looking for she will point you in contact with someone who can help you out.