Tag Archives: home equity
Why Bother Refinancing – I
Appraised value may not be enough – should I take the risk?
I made this one first because this conversation is at least a part of nine out of ten discussions with clients who are evaluating a refinance.
Mr. Client (Joe) called in and said that he owed 150,000 on his mortgage. We ran the numbers and a refinance would definitely be very beneficial. He had an interest rate of 6.75% right now…
Full StoryLooking for Pollyanna! Seeing things on the Bright Side this Spring
How’s that for depressing!
I have done calculations like this one with my excel spreadsheet 100s of times. Having the information can be helpful, but writing an article with this as the only conclusion is misleading. There are at least three reasons why this article should not have hit the web the way that it did…
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