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What's new at Real Estate - Orange County

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Mortgage trend: suffer now, benefit later
Perhaps it’s the bleak economy, ongoing political battles, or lingering wars, but people’s attitudes toward their mortgages may be changing. Instead of viewing them as a lengthy, but steady process of building equity toward a lifelong goal of homeownership, some people are looking to pay off their mortgages earlier.
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WEBSITES
loan comparison website MortgageMarvel.com allows borrowers to obtain interest rate quotes based on the loan amount, the property’s value and the ZIP Code, all while remaining anonymous. Pricing is updated as quickly as it changes — usually daily, but sometimes more frequently, says Rick Allen, director of strategic initiatives.
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Woman claims Realtor used home as an office
The woman reported that documents that required her approval had forged signatures on them. After noticing this, she went to her home to retrieve a key from the lockbox, Kravetz said. It was when she arrived that she noticed that cable and gas were set up for the home, indicating someone was staying there.
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