Im looking to get a home equity loan from my bank. Already started the process, im just waiting on the drive by appraisal. Im just looking for around ,000 to pay off credit cards i dont use anymore. I dont use credit cards anymore period. But want to be able to pay them off within 5 years, and with all these interest hikes over the past year ill never do it by paying them directly. So i figured even with the highest interest rate for a home equity loan i can have them paid in under 5 years and save over 0 a month. What i want to know is since im requesting a little amount of money does my bank have the ability to work with me in bending the rules a bit if the appraisal doesnt come back with at least what i need to get the entire amount. And what all do they use when doing drive by apprasials and do they increase the value of the house in any way? Thanks!
Well, my tax assesment value puts the house and land at about 2,000. And i currently owe ,000. Is there room to work?

The original appraisal was ,000 back in 2007, since we have updated the entire 1100 sq/ft of living space and restructured and replaced the roof at the tune of ,000, reroofed the garage, and finshed a 300 sq/ft enclosed porch, with also landscaping, with pool and shed reconditioning. Total cost of all we did is around ,000. Any thoughts.

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