Did you Pay All Cash for Your Bay Area Home? Was the purchase for a second residence or investment property? Would you benefit from taking the cash back out by refinancing to use the money in different ways?
30% of all Real Estate Transactions were all cash
This is a very common question I receive daily as a Pleasanton, CA Mortgage Broker at Vintage Mortgage Group. Did you know nearly 30% of all purchases the past 3 years, owner occupied or investment properties were paid all cash? Cash offers have allowed clients to win on bids vs clients with approved financing. The question lye’s, what if you want your cash back out of the property, will banks allow it?
The answer is, yes.
We have financing vehicles that allow for cash out refinances up to 6 months after the close of the sale of the home.
Give me a call today to discuss your options.
I’m Here to Help You With Your Bay Area Purchase or Refinance
I love to work with my Bay Area readers that find my information on the Mortgage and Housing Market helpful in your decision making process. As a Mortgage Planner at Vintage Mortgage Group in Pleasanton, I am in a unique position to help you capitalize on historically low interest rates. Contact me below today for a free consultation.