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Keeping it in Reserve


Originally published by the Scotsman Guide

With unstable rates and declining property values, it has become increasingly difficult for loan officers to refinance their clients’ mortgages without increasing the homeowners’ monthly expenses.  This is especially true when homeowners increase their loan balance by taking cash out during a refinance.   Continue….


Drew de la Houssaye is an associate with THE BROKERAGE Real Estate Group Beverly Hills. Drew specializes in westside luxury real estate, renovations and probate sales. He blogs on Westside real estate, entertainment and local events. If you would like to contact him, he can be reached via twitter, facebook, LinkedIn or email.

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