Most real estate professionals have signaled the lack of help being given to homeowners that are upside down with their home loan and still up to date with their house payments as a area that needs to be addressed to help turn the housing market around. It doesn't sound like we are there quiet yet, but we may be working that way. Also, if you are in the right situation, you may be able to refi now with some of the programs that are currently available. Watch the video for more information...
Part 2 – Purchasing A Piece Of Sunriver Real Estate, Or Real Estate Anywhere For That Matter
There are many different types of loans available. However, one of the basic decisions you'll have to make is whether you prefer the predictability of a conventional loan, knowing that your payment will be the same amount each month over the life of the loan, or whether you are comfortable with foregoing the fixed monthly payment for an adjustable loan where the initial interest rate is lower and the monthly payment amount will fluctuate periodically throughout the life of the loan...