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22 January 2025 | 0 replies
This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.
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21 January 2025 | 8 replies
Our company requires first/last name and a mailing address for the owner.
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11 January 2025 | 2 replies
Full disclosure, I'm not a disaster expert, politician or climate alarmist, but according to those fighting fires on the California coast since the 1960's, Devil Winds are natural occurrences each and every decade but require highly conducive conditions to be as destructive.
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13 January 2025 | 12 replies
Personally, I airbnb half of my house, individual rooms, and stay nearly 100% booked.
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21 January 2025 | 74 replies
Which governing body determines these requirements?
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16 January 2025 | 9 replies
In my search, I've noticed that many positions require proficiency in Yardi.I've been actively looking for effective ways to learn Yardi, but it seems challenging to find suitable training or courses online.
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15 January 2025 | 2 replies
It is required by the law and the Code of Ethics.2) There is no such thing as not going through your brokerage when you have a license.
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27 January 2025 | 18 replies
And, as I'm sure you know, both investors would require a 3rd party verification of assets to prove their accredited status.Let me know if this is what are asking or not.
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31 January 2025 | 42 replies
@Alan F. the app require iOS 16 or later
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15 January 2025 | 9 replies
Hello, my name is Marshal, and I’m excited to connect with this community of like-minded individuals passionate about real estate.