Consolidating credit cards and loan debts into your Orlando home mortgage can seem a ‘no-brainer’ – after all, given the size of the debt, mortgage payments are really low, aren’t they? However, it’s not necessarily the win-win strategy it seems.
To learn more about whether debt consolidation is right for you read this article by Money.Co.UK. Yes it is an article from the UK, but it offers some really useful tips and information about finance that a lot of people misunderstand and some solid advice that applies no matter what country they happen to live in.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
There were 11,903 Orlando FL foreclosure homes in February 2012, according to RealtyTrac.com. 1 in every 1,171 housing units received a foreclosure filing. The average sales price of an Orlando home was $119,371 and the average sales price of a foreclosure home was $97,197, a $22,174 savings.
Orlando FL Foreclosure Activity and 30 Year Interest Rate
The interest rate on a 30 year mortgage was 3.89% in February and there were 1,171 new foreclosures compared to 1,459 new foreclosures in January.
Foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or bank repossession – each month. Interest rate is based on the average 30-year fixed rate from Freddie Mac Primary Mortgage Market Survey.
Orlando FL Foreclosure Geographical Comparison
Orlando FL foreclosures were 0.15% above national statistics, 0.02% above Florida figures and the same as Orange County numbers in February.
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