3 minute read
Real Estate
PEACE PROPERTIES is a full-service property management and real estate sales company that specializes in providing exceptional customer service on all levels. Please contact us to begin to experience the very best in customer satisfaction for all of your real estate needs.
18 Years Experience • Flat Marketing and Leasing Costs Flat Monthly Management Fee • Full Tenant Background Checks No Upcharge On Maintenance • ACH Set For Owners And Tenants Offi ce Located At Deer Valley And 19th Ave. CONTACT US FOR A NO OBLIGATION CONSULATATION WE ALSO BUY AND SELL HOMES! Kori Kuhn • Designated Broker, GRI Offi ce: 623-374-2698 • Mobile: 480-414-2769 email: kori@peacepropertiesaz.com
When you place your property with us, you will truly be at peace!
Directed by Victoria FrickerDirected by Victoria Fricker
YOUR NORTH VALLEY COMMUNITY THEATER
YOUTH EDUCATIONAL WORKSHOP 4:30pm Mondays starting Jan 30 Ages 7-19 (no cut) Performances May 12 & 13
PERFORMANCES: Feb 3 - 4 & 10 - 11
TEEN CASTING CALL THE LOVE AND HATE 9 am Saturday, February 4 Performances April 6 - 9
By Brandon Durham
Is your blood pressure rising with today’s interest rates? Take a deep breath, because it’s never too late to explore refi nancing options.
The mortgage market has had interest rates near historic lows for the better part of a decade with many consumers taking advantage and lowering their monthly housing costs by refi nancing to a lower rate. Beginning last fall and accelerating after the election, interest rates have been on the rise and we have a lot of clients asking if now is too late to refi nance. In short, it’s never too late to explore your options since refi nancing can bring out a number of opportunities in any interest rate environment.
15-YEAR FIXED REFINANCE
Look at the term of your loan. There are alternatives to the standard 30-year fi xed. Refi nancing down to a 15-year fi xed generally comes with a reduced rate and will help you pay off your mortgage at twice the speed. Adjustable Rate Mortgages (ARM) are great for homeowners only planning to stay in the home a shorter period of time, fi ve to seven years as an example, before moving on to another home. These offer a lower rate because the fi xed period is much less than the 30-year traditional term. Selling or refi nancing again within that fi xed timeframe would ensure you do not enter the adjustable period and have any surprises.
CASH-OUT REFINANCE
Since the economic crisis of 2008, homeowners are enjoying the benefi t of increasing equity in their homes, with Phoenix at a 9.2-percent increase over the last 12 months, according to Zillow. A cash-out refi nance allows you to install a new pool before summer comes or upgrade your kitchen to granite counters for the next dinner party. Putting this equity back into the home is a great way to reinvest into the property, and enjoy it too. For the savvy investor, the cash out refi nance may give you the down payment necessary to purchase a second home for your family or a rental property for another family to enjoy while you begin your real estate portfolio and make your money work for you.
When talking about a refi nance, know that rates can change at the drop of a dime. When discussing with your lender, make sure you ask about the importance of “locking,” which protects you from that point of any market swings through the lock period.
Brandon Durham is the corporate training manager for Homeowners Financial Group.
YOUTH CASTING CALL THE LION, THE WITCH, AND THE WARDROBE 9 am Saturday, February 18 Performances April 28 - May 6
1611 W Whispering Wind Dr Suite #9, Phoenix, AZ 85085 info@StarlightCommunityTheater.com 623-252-6815 www.StarlightCommunityTheater.com
