The Real Estate and Mortgage Show - January 3
Steve Gregory and Frank Napolitano are joined by Lise Boutilier, Real Estate Agent at Paul Rushforth Real Estate filling in for Paul Rushforth, on the latest Real Estate and Mortgage Show.
On this week’s episode of The Real Estate and Mortgage Show, Steve Gregory, Frank Napolitano and Paul Rushforth discuss taking advantage of a variable rate, when doing too many renovations become a bad thing and overvaluing your property based off of non-sold listings. Frank and Paul also talk about letting a realtor help you by providing great professional advice, such as properly valuing your home based on today's market.
Frank talks about how to reap the benefits of a variable rate by setting up your payment to reflect what it would have been with a fixed rate (generally being a higher payment, allowing you to pay off more principal, much quicker). Lisa also mentions how doing too many renovations may not increase the value of your property as high as you may think.