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Tuesday, December 18, 2007

Shady Mortgage Practices



A few years ago I myself took my realtors course and while in doing so learned quite a bit about the Mortgage business along the way. Some of the things I learned was not things that I wanted to learn. One of the best advice you can take and do is to get more then one mortgage quote and don't be afraid to ask questions if you don't understand and read all the fine print as well.Many young couples have signed contracts not knowing what is going to happen to their mortgage payment after a year or two. When the mortgage company can almost double the monthly payment, which in turn has many couples losing their home to foreclosure.

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