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What is the best strategy for purchasing a home - should I buy now and refinance later?
The best strategy for purchasing a home depends on your financial situation and goals. Buying now and refinancing later can be a good option if you expect interest rates to decrease or if you plan to improve your credit score. However, it's important to carefully consider the costs and benefits of refinancing before making a decision. Consulting with a financial advisor can help you determine the best approach for your specific circumstances.
What else can I help you with?
Is it possible to buy a house now and refinance later?
Yes, it is possible to buy a house now and refinance it later. Refinancing involves replacing your current mortgage with a new one, which can help you secure a better interest rate or loan terms.
What are the benefits of choosing to buy now and refinance later?
Choosing to buy now and refinance later can be beneficial because it allows you to take advantage of current low interest rates and secure a property sooner. This can potentially save you money in the long run by locking in a lower rate before they potentially rise in the future. Additionally, it gives you the opportunity to build equity in your home sooner and potentially access cash through a refinance at a later time.
What is the strategy of selling a stock and then buying it back at a later time called?
The strategy of selling a stock and then buying it back at a later time is called "short selling."
I refinanced 4 months ago to consolidate debt and was suppose to refinance again to get a lower rate. Bank now says can't refinance before 6 months of payments have been made. Is this true?
Untrue. I was promised an immediate refinance and it is 2 1/2 yrs. later and I have not been able to refinance. With Conventional loans there is no seasoning. FHA loans do require 6 months. As for the 2 1/2 years. There are obviously other issues which have nothing to do with the number of payments that have been made.
Should I buy now and refinance later?
It depends on your financial situation and goals. Buying now and refinancing later can be a good option if interest rates are low and you plan to stay in the home for a while. However, it's important to consider the costs and potential risks involved in refinancing. Consulting with a financial advisor can help you make an informed decision.
Is it possible to buy a house now and refinance later?
Yes, it is possible to buy a house now and refinance it later. Refinancing involves replacing your current mortgage with a new one, which can help you secure a better interest rate or loan terms.
What are the benefits of choosing to buy now and refinance later?
Choosing to buy now and refinance later can be beneficial because it allows you to take advantage of current low interest rates and secure a property sooner. This can potentially save you money in the long run by locking in a lower rate before they potentially rise in the future. Additionally, it gives you the opportunity to build equity in your home sooner and potentially access cash through a refinance at a later time.
What is the strategy of selling a stock and then buying it back at a later time called?
The strategy of selling a stock and then buying it back at a later time is called "short selling."
I refinanced 4 months ago to consolidate debt and was suppose to refinance again to get a lower rate. Bank now says can't refinance before 6 months of payments have been made. Is this true?
Untrue. I was promised an immediate refinance and it is 2 1/2 yrs. later and I have not been able to refinance. With Conventional loans there is no seasoning. FHA loans do require 6 months. As for the 2 1/2 years. There are obviously other issues which have nothing to do with the number of payments that have been made.
Should I buy now and refinance later?
It depends on your financial situation and goals. Buying now and refinancing later can be a good option if interest rates are low and you plan to stay in the home for a while. However, it's important to consider the costs and potential risks involved in refinancing. Consulting with a financial advisor can help you make an informed decision.
Should I buy a house now and refinance later?
It depends on your financial situation and the current housing market. Buying a house now and refinancing later can be a good option if interest rates are low and you plan to stay in the home for a while. However, it's important to consider your long-term financial goals and consult with a financial advisor before making a decision.
Disadvantage of purchasing?
You have to pay it back with interest so basically paying more for the item so you can pay for it later
What strategy has the Navy adopted which advanced the concept of combat operations in littoral waters?
"From the Sea" and later "Forward from the Sea"
If your parents bought a house in their names because your credit could not secure a loan can your wife and you later refinance in your names only?
You would have to 'buy' the house from your parents, but if you can qualify for a loan, there shouldn't be a problem.
Where did general Lee taught military strategy at?
I don't believe Gen Robert E Lee taught strategy anywhere. - Lee was primarily a combat engineer in his early career. Although he was later Superintendent of West Point for 3 years he apparently didn't lecture on Strategy.
What Asian country was backgomman invented in?
Persian! And chess was invented in India as war strategy tool and later become a game in Persia to.
Should you get Zelda The Wind Waker now or later?
later You should get it now because later on you probably won't find it. It's a pretty good game.
