💸 Mortgage Refinancing: When & Why to Consider It
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YouTubeRitu Desai VA-DC-MD Realtor
💸 Mortgage Refinancing: When & Why to Consider It
Refinancing isn’t a one-size-fits-all move — it’s a financial tool that makes sense only when it aligns with your goals and current situation. Before jumping in, it’s important to understand why you’d refinance and what you stand to gain. 🏡 When Refinancing Might Make Sense: 🔻 1. Rates Have Dropped Significantly If today’s ...
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💥 “Home upgrades seem harmless… until they raise your mortgage payment.” Most homeowners don’t realize this can happen until it’s too late 👇 1️⃣ Permits Trigger Reassessment Any upgrade that requires a permit — pools, additions, extra square footage, major remodels — sends the county back to reassess your home at today’s value, not your original purchase price. 2️⃣ Higher Value = Higher Taxes A higher assessed value means higher property taxes, and that increase gets rolled straight into your
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