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3 result(s) displayed (1 - 3):

June 28, 2010

AZ Refi

AZ refi can be a good option for real estate investors and individuals with property located in Arizona. Many property owners are electing to refinance mortgages before interest rates rise. Others enter into cash-out refinancing to obtain funds for home improvements or to pay off outstanding debts. Arizona property owners the opportunity to reduce monthly installments by reducing the rate of interest and extending terms of the note. However, borrowers must be aware of the costs involved with refinancing mortgages. The average cost ranges between $2500 and $6500, but could be more when mortgages contain a prepayment clause.

Real Estate Investing article on "AZ Refi"

June 18, 2010

AZ Refinance

Many Arizona property owners are turning to AZ refinance to obtain a reduced interest rate on their home mortgage loan. While refinancing mortgages can result in lower monthly payments, many homeowners fail to realize the costs associated with obtaining a new loan.

Before entering into AZ refinance, borrowers should take time to review their current mortgage contract. Many banks offer borrowers reduced interest if they agree to a prepayment clause. In most cases, prepayment penalties are assessed if borrowers refinance or sell the property within the first five years. Others reduce the penalty by 1-percent each year

Real Estate Investing article on "AZ Refinance"

May 14, 2010

AZ Refinance

AZ refinance is an option available to Arizona homeowners who want to refinance their mortgage. Many reasons exist for mortgage refinance, but the most common include obtaining a reduced rate of interest and extending mortgage terms to reduce monthly payments.

Before entering into AZ refinance, borrowers should take time to conduct research and determine if mortgage refinancing is in their best interest. Mortgage financiers recommend obtaining a minimum 1-percent reduced rate of interest to making refinancing worth the effort. Borrowers should strive for 2- to 2-1/2-percent to achieve substantial home loan savings.

Real Estate Investing article on "AZ Refinance"