Virginia Refinance Attorneys
When you are ready to refinance your real estate loans, our Virginia refinance attorneys can make a significant difference. At Randall & Bruch, PC, you will have access to our expert negotiators to secure the interest rate you deserve. Whether you own commercial or residential property, our experienced real estate refinance attorneys will protect your interests. Schedule an appointment or contact us today by clicking here or calling 757-742-6115.
Refinancing a real estate loan means taking out a new loan to pay off another loan. The other may be more outstanding or have a higher interest rate. Refinancing can be a tremendous opportunity to lower your overall payment.
If you are struggling to pay off loans or you just want to keep more money in your pocket, refinancing can be a great tool. Or, if your family’s credit score has increased significantly since your original loan, you may benefit from lower interest rates.
For example, suppose you bought a house in 2006, and your interest rate for a 30-year mortgage was 6.75% with a monthly payment of $1,946. Let’s say our Virginia refinance attorneys help to negotiate a new rate at 4% with a monthly payment of $1,432. Your savings per month are $514, or $6,168 a year.
Why You Need a Real Estate Refinance Attorney
Refinancing any loan involves numerous detailed and intricate documents. The documents are dense – written in a language full of legal jargon – and contain convoluted phrasing. When refinancing, you should be in control. The best way to do that is to have a real estate refinance attorney by your side. Our lawyers will explain the contract in plain language so that you can make fully informed decisions. If there are unacceptable terms, our skilled attorneys will go back to the table until both sides are satisfied.
At Randall & Bruch, PC, we strive to protect your interests in every transaction. When you want the best possible interest rate for your refinanced loan, call today.
Virginia Real Estate Law Attorneys
Our highly sought attorneys at Randall & Bruch, PC, will give you what matters most when refinancing: peace of mind. Any refinancing contract has the potential to go wrong. Variables like timeliness, human error, lack of sound communication and contract errors can all affect your refinancing terms.
Perhaps, when you discussed your new interest rate, it was 4%. In the contract, however, it is written as 4.5%. If you sign without realizing the contract error, you could be tied to a higher interest rate than you negotiated. At worse, you could lose your opportunity to refinance. Let us make sure that the terms of the contract satisfy your needs. At Randall & Bruch, PC, you can rest easy knowing that our exceptional and experienced real estate lawyers are looking out for your best interests and will help you through any tricky situation. Contact our refinancing attorneys today by clicking here or calling 757-742-6115.