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The clipping this text was read from
The clipping this text was read from

$67,000 after 5 years. If you refinanced with a 70 percent first mortgage ($47,000), this would give you enough cash to pay off your first mortgage balance of $32,300 plus your $5,000 second mortgage. Then you end up with almost $10,000 put in your pocket - free from any current income tax. Always consider refinancing at a later date. It is one of the main financial tools of professional investors.

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It there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY, REALTOR, The Clopton House, Washington, Va. 22747. Phone: 675-3400. We’re here to help.

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