Not Ranked
In your case "patience is a virtue" is a most applicable statement. If you can hold your horses for about six months or so, you may find that things have come to you in spades. Cash is king in this environment. Non essentials will continue to devalue with this recession requiring plenty of re-evalution of priorities. The short answer is that you may get a much better deal next year and you may find a way not to encumber your real estate with a HELOC.
Sam
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