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TAG: #Refinancing

Look out for Refinancing PITFALLS!

While there are different reasons refinance, such as needing access to more cash or needing to make a smaller monthly payment, the overall obvious reason would be to improve your financial position. In order to ensure that doing a refinance will actually improve your financial position, you WILL have to do your homework up front and run the numbers in advance. Thinking that refinancing will automatically help you is wrong.

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