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If you are in doubt about buying your dream home read this!!
Four years ago, the monthly payment on a $300,000 house with 20 percent down and a mortgage rate of about 6.6 percent was $1,533. Today that $300,000 house would sell for $213,000 and a 30-year fixed-rate mortgage with 20 percent down would carry a rate of about 4.2 percent and a monthly payment of $833. In addition, the down payment would be $42,600 instead of $60,000.

 Nows the time...Give me a call 772-408-5252

 Till next time,

 Tony Groza/Groza Real Estate

Posted: Wednesday, September 08, 2010 9:24 AM by Karen Drucker

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