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When refinancing is no longer an option | by Aaron Zapata, Realtor in Orange County CA

Real Estate from A to Z by Aaron Zapata, REALTOR®, MBA When refinancing is no longer an option. When the amount you owe your lender is greater than the value of your home, the option of a refinance is gone unless you have huge amounts of cash to pay off your lender in the refinance process. I haven’t talked to anybody who wants to pay their lender to refinance. Most distressed homeowners who can’t...

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