A Warning on HERO / Pace Liens: Know before you Sign!
Автор: Meet Kevin
Загружено: 2017-01-09
Просмотров: 17119
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A Warning on HERO / Pace Liens: Know before you Sign on to this Property-Tax Debt.
Quick Preface; What is the PACE/HERO Program?
There are various PACE/HERO liens in Ventura County, but they all generally do the same thing: They allow homeowners to finance energy-related upgrades to their homes by borrowing up to 15% against the value of their property. This debt is then repaid through the owner's property tax bill at rates between 7-9%.
There are some fun benefits to this: No credit check, easy payments (often automatic if one already has a mortgage escrow account -- the monthly payment simply goes up), and one gets to make improvements to their house.
The Big Bad Problem; Resale.
.... read or watch for more:
www.MeetKevin.com/considering-hero-or-pace-lien
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