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.
However, though the opossum does use his prehensile tail to assist in climbing, the adult is far too heavy to support himself by his tail alone. Though young opossums can occassionally be seen hanging by their tails for brief periods, it is far from a common practice. Most people seem to think opossums live in trees. While they will sometimes adopt the high life, even to the point of recycling an old squirrelâs nest, they much prefer to inhabit underground dens. Unlike the armadillo, opossums do not dig their own burrows but prefer ready-made accommodations â even those formerly used by armadillos!