Show GJ Real eal Estate Round RoundUp Round Up Realty Construction n j I Authorized Boise Cascade Deai Dealer By Re Associate Doug Hatch Hoch HochON ON SECOND MORTGAGES When mortgage money is plentiful lower down payments are common and lending institutions are looking for borrowers for mortgage money However the picture changes when money is tight Often Olten higher down payments are required If you do not have the cash to meet the full ull down payment pay ment second mortgages are also available and nothing to be afraid of The seller or some come other lender may agree to loan you the balance of ot the down payment in this manner The second mortgage on the property carries a higher inter interest st rate and a shorter repayment time usually from three to five years The reason for this is the higher risk in involved in because the se cond mortgage cannot be in case cae of default until after alter the first mortgage mortgage mor mor- is paid off The second mortgage can be an excellent way to complete the sale of property property property pro pro- perty which would otherwise otherwise other other- wise fall by the wayside Listen very closely to your REALTOR in this situation because professional expertise expertise ex pertise is a MUST This is just one of the items that ROUNDUP ROUND REAL REALTY TV CONSTRUCTION CONSTRUCTION CONSTRUe TIO TION COMPANY can assist you with at your time of real estate needs There are many items that take the know-how know of our competent competent com corn experienced REAL REALTORS REALTORS- TORS UP ROUND-UP REALTY CONSTRUCTION COMPANY COMPANY COM PANY 1337 W W. Hwy 40 Vernal |