|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 909-364-2280
|

Request Our Free Relocation Package! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate! Find Out More > View All Offers >
|

Rachel & Gail Are Excellent Agents! They made us feel comfortable throughout our house-hunting trip! Richard & Linda Brandeberg
Chino Hills, CA Read Quote > View All Quotes >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Gail Eye and Rachel Bird are some
of The Top Selling Real Estate Experts Find Out More > |
|
|
 |
FIND OUT ABOUT THE LATEST CHINO HILLS, RANCO CUCAMONGA, AND FONTANA AREA HOMES FOR SALE BEFORE ANYONE ELSE! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the Chino Hills, Rancho Cucamonga, and Fontana, California area MLS, and even later on the national listings web sites, if at all. By signing up to receive our latest listings, we'll send you an email notice instantly -- as soon as our latest homes for sale go online. You'll find out first, before other Chino Hills, Rancho Cucamonga, and Fontana buyers. There is absolutely no obligation, and this service is free of charge. Don't miss out! Just fill out the form to get started...
Financing Your Home >Assuming a Mortgage
You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.
Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today.
Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.
|
 |
| Q |
What is considered one of the few remaining tax shelters in the 1990s?
|
| A |
Homeownership--property taxes on a residence or vacation home are deductible up to $1 million. |
See More Real Estate Trivia > |
|
|

Website to Top Real Estate Resources AAArizona - Tucson Real Estate Find Out More >
|
|
|