Home Refinancing Basics

11/20/09 Good advice, makes me think of bigger picture, instead of Int. rates only.

excellant thank you for the info

good information!

Good info. Helps to think of these points before making a decision.

Good information

very appreciated information. something every homeowner can use. thanks

If you are truly interested in refinancing or purchasing a home. Don't hesitate to contact me at 631-687-3510 X 101 Gene Neal. I will give you all on the information you need to know for free. I am within the business but I am a spy for the homeowner.

I have no mortgage. The home is pd in full. I need to repay the benefactor.

Good info but I give it a thumbs down for the sole reason that there's absolutely no mention that in many states, the original mortgage is purchase money/non-recourse and a refi is a recourse loan. If you can get over the ethical question, then all that's left is the financial question of whether walking away and buying/renting elsewhere will save you more money than a refi or a modification.

http://www.repossedhomesale.com/