Is my recently purchased with cash HUD home worth enough to get a HELOC?I recently purchased a HUD home in Taylor, Michigan with cash (no down, mortgage etc). And I desperately want to know if I can get a HELOC on it to bring it up to code and remodel it so we can begin to finally live in it (add family room, bed rooms, bathroom and enlarge the kitchen and living room, bring it up to code etc.)The address is 6442 Cooper St, Taylor MI 48180.Would I be able to get a HELOC on it, how would I know the value of my home. Would I really need to get it appraised by parying over $300 first to even attempt getting a HELOC on it. Is their anyway I can figure out whether it is even worth the attempt for free? I don't want to lose that much money for nothing. Can anyone on here look at the information on Zillow or elsewhere by using my address to figure out whether I could even get a HELOC and up to how much money could I get?Thanks in advance to any and all who reply...July 18 2011 - Taylor0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.