For example, suppose you have a property that is worth $200,000 with a remaining mortgage balance of $100,000. If you refinanced that to a $120,000 mortgage, you would essentially keep $20,000 of the equity you've built. Compared to a home equity loan, refinancing typically has lower rates but higher closing costs.
They are quite different to the North American opossum. Possums live in trees hollows and logs in their natural habitat, which is bushland, wet sclerophyll forest and tall eucalypt forest, and temperate rainforest. Possums are also found in farming and urban areas within Australia.
The possum is a medium-sized marsupial that is natively found in Australia, Papua New Guinea and Sulawesi, which is a tropical island found in the Indonesian Archipelago. Today the possum has also been introduced to New Zealand and parts of China.he possum is not to be confused with the opossum, which is found in North America and is the only marsupial which inhabits areas outside of Australia and it's surrounding islands. Possums tend to be found inhabiting bush-lands and rainforests where the possums live in hollow trees and logs.