Cash out while you can!

It's been said that cash is king. With home values being "challenged" by today's real estate downturn, it's getting harder to refinance debt consolidation loans, cash for improvements, cash for investments or even to simply Fix or Lower your monthly payment. Please read the article below on utilizing your equity line Now if you need "padding." Also, I highly recommend that you look at the refinance opportunities (and purchase as as well) right now as the banks are getting tighter and tigher. Regardless of any stimulus package, eventually all borrowers, even the best borrowers, won't be able to finance real estate. One action that will help would be a cut in the Discount rate, but until that happens by at least a full point, real estate concernts will continue to drag down the entire country. Take action. Let's Talk: Pat Townsley, Mortgage Broker. 415-485-1776. http://www.ptre.net/