Whats the difference between an adjustable rate mortgage and a fixed mortgage? Benefits and pitfalls?
Whats the difference between an adjustable rate mortgage and a fixed mortgage? Benefits and pitfalls?
Posted in Mortgage Tips
Tagged adjustable rate mortgage, Benefits, difference, fixed mortgage, mortgage, pitfalls, Rate, Whats
what’s the difference between “mortgage bankers” and “commercial mortgage bankers”?
I am trying to sell my old house and have reduced the price as much as I can. I cannot continue making 2 house payments much longer. If I simply allow the house to go into foreclosure and the proceeds from the foreclosure sale are less that what is owed, am I liable for the difference? The hit I would take on my credit score is not a major concern at this point.
Posted in Homes For Sale
Tagged Calif., cannot, concern, credit, credit score, difference, Foreclosure, foreclosure law, house, law, price, proceeds, sale, score
I am considering refinancing and I see a mortgage rate of 5.75% and an apr of 6%
Or more specifically, are their studies or statistics that show the average sales price of homes sold with professional assitance versus the average price of homes sold by their owners is more difference than the commission the agents charge?
Hm, I spelled ‘there’ wrong.
I’m wondering if anyone can cite any relevant study that objectively answers this question. I guarantee that answer will be the one I select as the best.
Posted in Homes For Sale
Tagged assitance, average sales, commission, difference, price, Realtors, seller, Show, statistics