With the rates as low as they are today, refinancing can save you lots of money without adding a bunch of money to your balance! I refinanced my personal home and a rental home this way, and I am now saving over $700.00 a month and it only cost me around $4,000.00 total out of my pocket! After 6 months it will be ALL savings!! I knew I was going to have to establish a new escrow account when I refinanced, and I knew I would be getting a check back after closing for the escrow accounts that were already in place, so I used the money I had in my savings to pay the fees involved in the refinance up front, and after closing I put the escrow checks I recieved back in my savings. I also got to skip a mortgage payment on each property and I applied that money to the fees too. All said and done, my loan balance stayed the same and the money I did spend was well worth it!
Author:Cyndi Cobb Phone: 512-564-0381 Dated: June 10th 2013 Views: 1,246 About Cyndi: ...
My last post covered the benefits of hiring a realtor. By now, yo
"We are returning clients, we returned for the friendly atmosphere and how we were able to come in at any time. The experience was even better from them moment we walked into the door we felt like a part of your family. It was so nice to be able to drop by anytime and have access to computer and printers, we never felt like we were putting anyone out. We were actually able to talk to Chip when we needed to. So when it came time to purchase a new home there was no questions in our mind of the Realtor or office that we would use. It was wonderful to be able to have such a smooth transition. Thanks again Real Estate Market Place for making us part of the TREMP family again. We love you guys!!!"