🎧 Just finished listening to an incredibly insightful podcast that dove into the world of neighborhood development and its historical roots. While appraisal wasn’t the focus (the word wasn’t even mentioned!), its principles were woven throughout the discussion, sparking some profound reflections. 💡 A favorite key takeaway for me was the impact of federal government policies dating back to the 1920s on today’s housing challenges. Zoning regulations and economic segregation stemming from that era have significantly shaped our neighborhoods,

Before you or a loved one dives into a refinance, ask these critical questions: â–¶ What will my new monthly payment be compared to my current one? â–¶ How does my current loan payoff amount stack up against the new loan amount? â–¶ What’s the break-even period? (Hint: It’s crucial to weigh closing costs and your new loan amount against monthly savings.) â–¶ How long will it take to get back to paying what I presently am towards my principle