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Your Real Estate Guide
Real estate can be a good investment at times, but just like any other investment, there are risks that come along with it. Sometimes, you may have to resort to taking out a home loan (which can be a good thing because they build equity), or you may have to default a loan. Whatever your situation may be, The Survivors Club has guides to help you through these struggles.
Getting or refinancing a home loan can be an arduous task. While it may feel overwhelming, take the time to thoroughly educate yourself on the different types of home loans available and find the resources available to support you through this process. The traditional home loan is repaid over the course of 30 years, but versions exist for 15 and even 40-year repayment periods. Banks once asked for a 20 percent down payment on the home, but the requirements are changing. Know what the financial expectations are for your mortgage, and know how you can minimize extra costs. Start your Journey to Recovery
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