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Charlotte Real Estate, Development, and Construction News: Mecklenburg Times > Columnists > Kass > HELOC after foreclosure
HELOC after foreclosure
I lost my home to foreclosure in August 2011. I had a second mortgage on the home that was secured by a deed of trust for $99,000. This was a home equity line of credit that I used to pay off a pool loan, used for home improvements and later tapped each month to make the mortgage payment.
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