mortgage payments: Buy Your Dream Home Now While Interest Rates Are So Low!
- 09/08/21 06:02 PM
Buy Your Dream Home Now While Interest Rates Are So Low!Although home prices are high - the interest rates are so low buying power is way up over years past. I tell my clients all the time that securing a low interest rate on a higher priced home is better than a higher rate on a lower priced home. Your monthly payment is probably more affordable NOW rather than waiting for housing prices to come back down, because waiting means interest rates may rise in the future (experts expect an interest rate rise beginning 2022). Buying now is the smarter move. (0 comments)
From the advice of one of our preferred Attorneys, Mr. Chris Combs of Combs, Gottlieb & MacQueen, P.C.: Documentation Releasing Seller Carryback
Question: Ten years ago we purchased 40 acres of vacant land near Coolidge with seller carryback financing. In other words, we signed a promissory note to pay the seller monthly payments secured by a deed of trust on the 40 acres of vacant land. The final monthly payment to the seller is due next month. When I make this final monthly payment to the seller, what happens? Answer: Seller carryback financing is a mortgage from the seller, just like a (0 comments)
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