Downsizing Step 1

Downsizing

Downsizing is a very big step but in fact it is many steps rolled into one that you have to take to get from here to there – and lots of questions that have to be asked and answered. The first question is – where is “there?” Where do you want to when you downsize? Remember the conversation between the Cheshire Cat and Alice? She asked the Cheshire Cat, who was sitting in a tree, “What road do I take?” The cat asked, “Where do you want to go?” “I don’t know,” Alice answered. “Then,” said the cat, “it really doesn’t matter, does it?” You have to know where you are going to know how to start.

When You Should Refinance

Changes to the Real Estate Market

When you should refinance is a big question on the minds of many homeowners now that rates have started to move downward. How do you know when is the right time for you to start the paperwork? Should you wait a few months or start the process now? With the current talk about interest rates dropping refinancing a mortgage can be a smart financial move, but the timing and circumstances need to be right. Here’s a breakdown of the best time to refinance, things to consider, and how your home equity impacts the process: