Colorado Real Estate Agents at Angel Realty, LLC, are asking ? is this the right time to encourage homeowners to refinance? With Rates falling below 4% ? ?this could represent an awesome opportunity for those who might be considering the process.
Colorado Real Estate Agents
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What does it take to successfully refinance a home in this market?
A homeowner has to have four factors in place:
- An Equity value position in their home
- An excellent Credit Score
- Have full time, long term, verifiable employment
- The necessary funds to refinance
Difficulties arise when the home has lost equity or no longer sustains the original value it had when the home was first purchased. More homes are upside down in this housing market than ever before.
Colorado Real Estate Agents report on housing
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Many homeowners will be required to undergo intense scrutiny into their financial picture in addition to normal qualification guidelines.
Colorado Real Estate Agents at Angel Realty, LLC, have found that the number of ?the unemployed has exceeded over 15 million people ?in addition to those several million who are underemployed. The lack of jobs in this economic time frame is causing an ongoing serious impact on homeowners nationwide.
720-904-9142
Call your Colorado Real Estate Agents at Angel Realty, today at 720-904-9142 or email us at help@AngelRealtyGlobal.com, if you have more questions before embarking on the refinance process. We are here to help.
+Laurie Clark
Copyright ? 2011 By Laurie Clark -Angel Realty LLC- Colorado Short Sale Agents- Denver Short Sale Agent ? Monument Short Sale Agent
Source: http://angelrealtyglobal.com/colorado-real-estate-agents-are-asking-is-now-the-time-to-refinance/
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