Posts Tagged ‘foreclosure’

How to Look Before You Leap?

Tuesday, January 19th, 2010

I don’t have an answer for this rhetorical question, so this is more a buyer-refinancer beware comment :  how to get an honest early on answer from your Lender as to whether your refinance is do-able or not.

Assuming your credit and employment documentation are good or better, there appear to be two main factors influencing refinancing your home in the current mortgage market :  market values and foreclosure activity in your community.

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