Refinancing Your Second Home in the Tidelands …
Mortgage Refinancing From Georgetown to Myrtle Beach
Lawyer Turner Perrow of Tidelands Law has the ideal professional background to handle complex real estate issues like mortgage refinancing. Not only does he have 15 years of legal experience, but he has also been a licensed broker for 20 years.
To schedule an appointment with Turner Perrow at Tidelands Law, call (843) 485-0977 today or contact us online.
When Interest-Only Loans "Become Due"
For many investors, the allure of the interest-only loan proved too tempting to resist. Buy a new development that's (supposedly) guaranteed to rise in value, pay only interest on the loan, then sell the parcel for a tidy profit when the value rises.
But who foresaw that the real estate market would crash? Who knew you wouldn't be able to sell the land before the note became due? We can help you refinance your mortgage.
Problems With Adjustable-Rate Mortgages
Adjustable-rate mortgages are a significant factor in our recent economic downturn. Borrowers know that the terms of their loans may change, but they rarely expect them to rise as dramatically as they do.
In the Tidelands of South Carolina, many people from out of state have bought condominiums with an adjustable-rate mortgage, intending to sell their current homes and move here. But the housing crisis has made this next to impossible, and now they're stuck supporting two properties.
If you are considering refinancing a mortgage on a condo or other property, we can help. As a licensed broker, Mr. Perrow can also help you sell your property.
To schedule an appointment at Tidelands Law, call (843) 485-0977 or contact us online today!
