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Northern California Real Estate San Luis Obispo Writings

in the 1990's likely have interest rates approximately 3 percentage points higher than current market trends. If you had bad credit, you may have a much higher interest rate. By refinancing your mortgage and obtaining rates at low as 5 percent, you will save hundreds each month. The savings is a relief for homeowners who find themselves financially strapped. Moreover, if you opt for a
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it was the opposite of buying with no money down. There is no down payment at all when you buy, because you buy for cash. The Simple Real Estate Formula You probably know that when you buy for cash, you can often get a much better price. With no financing contingencies in the offer, and the promise of a faster closing, sellers are
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yourself right smack in the middle of the nation's entrepreneur valley, where people speak with their wallet. Consequently, everything I say brings financial consequences. Economics 101 teaches that value and price are determined by relative scarcity, and these scarcity laws certainly apply to our corner of paradise. Suppose, places like Nebraska had our sunny,
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help to attract those who are ready to sign on the dotted line. 1. Avoid contingency offers. These buyers have a property of their own to sell, and may not even have any firm purchase offers they are negotiating. If you sign a contract with this type of buyer, the sale of your property might not be final until their property sells. In effect,
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