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Gerald Lucas

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How To Buy A Run Down Home With A Mortgage, How Good Purchase Mortgage Reduces Refinancing Costs, How Massive The Housing Shortage Really Is

May 4, 2021 Gerald Lucas

How To Buy A Run Down Home With A Mortgage

Real Estate Tip:

Get a great loan when you buy so you don't NEED to refinance; if rates improve and refinancing makes sense, aim to do so only once--serial refinancing can be expensive, wasteful & financially destructive.

Real Estate Insight:

The U.S. housing market is 3.8 million single-family homes short of what is needed to meet the country's current demand, according to a Freddie Mac analysis.

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Tags Gerald Lucas, real estate tips, real estate stratgies, 203K loan, home construction loans, interest rates, interest rate
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