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Results (10,000+)
Desiree Rejeili Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
Anderson S. Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.
Logan Rhea Thoughts if this property flip Scope of work is too low
23 January 2025 | 5 replies
Exterior UpdatesScope of Work:Repaint exterior for modern curb appealRefresh landscaping (mulch, shrubs, and flower beds)Power wash driveway and sidewalksReplace front door and update hardwareEstimated Cost: $12,0007.
Jenni Utz The Power of Relationships in Real Estate
22 December 2024 | 1 reply
Your story about the seller financing deal is powerful—trust really can change everything.
Tiarnan Gormley Nearly 18 and need advice on REI while i'm away overseas!!!! HELP!!
25 January 2025 | 24 replies
You'd be delivering BIG and powerful solutions.
MIchael McCUe running a blog on my website
19 January 2025 | 4 replies
Besides, I'm not sure of the power of blogs anyway...although I've written a few myself....
David Fals Single or MFR (Duplex)
3 January 2025 | 2 replies
Starting out can feel overwhelming, but it's great that you're already thinking about risk management with vacancies.
Katie Hendrickson Seeking Advice: Selling and Financing a Geodesic Dome in Eureka Springs
12 January 2025 | 1 reply
The property is unique—it’s off-grid with a well, solar power, and a fully finished interior.
Keyshawn Johnson Moving to Destin, FL Soon – Looking to House Hack My First Property with VA Loan
25 January 2025 | 5 replies
As an active-duty (soon transitioning) Air Force myself, I know the VA loan is a powerful asset for us.
Brandon Larson Please Help: Property Management Policy Binder
29 January 2025 | 7 replies
Never underestimate the power or preparation and setting yourself up for future success!