Home equity loans for adoptions
Bob Tedeschi, New York Times
For adoptive parents, bringing a new baby into the home can be costly. One national bank has begun helping such families more easily afford the financial burdens of adoption by tapping into their home equity.
Chase, a division of JPMorgan Chase & Co., last month introduced New Additions, [...]
Adoption can be very costly (with the exception of adopting through foster care) and we asked our adoption forum members for advice on how they financed their adoption.
** We’re saving, saving, saving. If we wait as long as our agency says the average is–15-18 months–we’ll have enough to cover agency fees and probably attorney costs [...]
Thirteen ways to help finance adoption costs
1. Look for ways you can cut back, they may add up to considerable savings. Put that money into a seperate high interest account. Do you need two cars, 300 premium cable channels, all those magazine subscriptions?
2. Refinance your home
3. Hold a fund raiser like a carwash, bingo game, [...]
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