Why should you consider refinancing real estate investments instead of selling them? Maybe you’ve owned a rental property for years, you’ve paid down the mortgage, the value is up, and you want to cash in on that equity. You will do better to refinance. Here’s why. There are two problems with selling. First, selling means paying a large capital gains…
Tag: Refinance
When Can I Refinance My Home
There are a number of different reasons you may want to refinance your home mortgage loan, the most common reason being that people want to lower the monthly payments, mainly by lowering the interest rate. There are a couple of things that you must consider when you are looking at refinancing your home mortgage loan. You need to work out…
Which Refinance Option Is The Best For You
Just about everyone who comes into my office asks the same question. When I refinance, should I get a fixed or adjustable rate mortgage? Since your home is about the most significant and important purchase you will make, that is a reasonable question to ask. At first glance, fixed-rate mortgages seem like the best all around choice for most homeowners.…
Bankruptcy And Home Loan Refinance Options
After a bankruptcy, home loan refinance options can be tricky. Your lender may or may not work with you in your quest for a better financial security. You will need to investigate your options for a suitable program. It may serve your best interest not to use the particular program that your lender provides. A bankruptcy home loan refinance program…
Helpful Advice On Securing Bad Credit Auto Refinance
In general a bad credit score will require paying much higher interest rates. Sometimes it can also adversely affect your getting auto refinance. It can cause you to pay more for insurance. Although it is beneficial to refinance your car loan during the early stages and particularly before third or fourth year, the benefit after the fourth year is much…
Refinance After Bankruptcy How Does Your Bankruptcy Affect Home Mortgage Refinancing
There are a few basic concepts one should know when looking into refinancing a mortgage after a bankruptcy. Most importantly, you need to know the two different types of personal bankruptcy that you can declare. Chapter 7 Bankruptcy, often called “straight bankruptcy”, is an attempt for someone financially overextended to liquidate most of their assets to satisfy creditors, keeping only…