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After having a flood in my house I used my credit cards to…

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After having a flood in...
After having a flood in my house I used my credit cards to take care of damage not covered by insurance and my $2000.00 deductible. Now without the house being finished and my credit maxed out I cannot get a home equity loan to finish or a re-finance (even though In have quite a bit of equity) I have even researched Reverse mortgages but my house won't appraise for its ultimate value without the repairs needed. My credit score has come down even though I make all my payments in a timely manner. I am at a loss as to what to do, all I want to do is pay off all my credit and make the needed repairs on my house.
Submitted: 3 months ago.Category: Finance
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Answered in 14 hours by:
3/31/2018
Financial Professional: Dr. Fiona Chen, Certified Public Accountant (CPA) replied 3 months ago
Dr. Fiona Chen
Dr. Fiona Chen, Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 1,186
Experience: Former IRS Revenue Agent
Verified

I'm Fiona, former IRS revenue agent. I am looking at your question and will get back to you soon. Fiona Chen, MPA, Ph.D., CPA, ABV, CFF, CITP,IMTA

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Financial Professional: Dr. Fiona Chen, Certified Public Accountant (CPA) replied 3 months ago

Dear Customer,

Has the insured part, insurance reimbursement, done for repair?

Regards,

Fiona

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Customer reply replied 3 months ago
the insurance company paid for repair over the $2500.00
Customer reply replied 3 months ago
i am not in a place I can talk right now
Financial Professional: Dr. Fiona Chen, Certified Public Accountant (CPA) replied 3 months ago

Dear Customer,

Ignore the website automatic invitation on phone calls.

If the insurance paid 2,500 and that repair is done. And you paid about 2,000 for the repair you need to done.

Would you further clarify what else you need to be done on the house to be repaired to get it back to be valued?

Should the insurance company pay more?

Regards,

Fiona

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Customer reply replied 3 months ago
The insurance company paid their share but there was a small dispute over things they won’t cover. Painting walls and ceilings, upstairs carpet paint and tile. Outside plants palms died due to a double freeze and our pool needs to be re-finished. And I need to pay off my bills if that is possible,
Customer reply replied 3 months ago
Are you getting my posts from my phone ( was using my PC)
Customer reply replied 3 months ago
I think you are misunderstanding my original question. I need to know if there is any type of loan I can get to finish the repairs on my house and pay off my existing bills . I would have enough income to pay for the repairs if I could pay off my bills.
Customer reply replied 3 months ago
I'm sorry Fiona I have switched to my cell phone with your answers.(###) ###-####
Financial Professional: Dr. Fiona Chen, Certified Public Accountant (CPA) replied 3 months ago

Dear Customer,

So, the insurance part repaired 2,500. Or the insurance paid all other than 2,500.

Your part repaired 2,000 and more.

How much more needs to be repaired? Are they due to the flood, too?

Sorry to bother you.

But in sum, Insurance Company repaired How much $?

You repaired how much?

How much left needs to be repaired?

What is your chance to fight the insurance company?

Thank you.

Regards,

Fiona

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