Solving the Foreclosure Crisis One Homeowner at a Time...

Thanks for joining us as we talk about real estate items pertaining to the Phoenix Metro Area. There are alternatives to foreclosure. Let us help you. Foreclosure should always be your last resort. For more information on how to avoid foreclosure and a list of homes for sale, please visit our site at http://www.marydrefs.com/. Need to find or sell a house?? Call us at 623-694-0354.

What is a Short Sale?? Click Here.

Sunday, October 31, 2010

MORTGAGE PAYMENTS TODAY CAN BE CHEAPER THAN RENT

Mortgage Interest rates are so low that renters should definitely be considering purchasing a home. For example, for a $150,000 house at 20% down and an interest rate of 4.25% on a 30 year fixed rate mortgage, the payment including tax and insurance is only $746 per month. Cheaper than most 4 bedroom rentals.
In addition, homeownership brings great tax write offs.
If you would like to see a list of homes for sale for $150,000, give us a call at 623-694-0354.

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