Sell or Refinance?

Sell or Refinance? Many people are feeling the mortgage crunch and are wondering which is to do. If you have an adjustable rate mortgage, your rate may soon change (by law they have to give at least 60 days notice so don't worry that you'll open you next bill and see a change) and you're not sure if you sure what to try first, sell or refinance, you are not alone. When talking finances it usually depends on the individual situation but this is one time it doesn't. Many people have found themselves in this position but few know you can not refinance your home if it has been on the market at any point during the last 30 days. If you want to get cash out of the refinance the waiting period is even longer, usually 60 days. Refinance first then call me for listing information. I'll walk you through the steps of getting your house ready to sell even if you don't live list with me or even live in an area I work in. If you have a question and would like a licenced mortgage broker to contact you, please feel free to email me and I'll have someone contact you.