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Let’s talk about these two buzzwords in Real Estate. …but first, listen to me awkwardly laugh before I remember that I pressed record. Everyone knows what Refinancing is, but let’s talk about its less popular and less costly cousin, Recasting. ⁉️WHO DOES THIS BENEFIT⁉️ 1️⃣ Anyone looking to pay down the principal balance of their mortgage early AND enjoy lower monthly payments while doing so. 2️⃣ Anyone who qualifies to buy a new home NOT contingent on the sale of their current home, but most of what they would like to put down is tied up in their equity. It’s always good to consider all options when looking to achieve your goals, and I thought this was one worth sharing! As always, reach out if you have any questions or if there is anything I can help you with! Alex Murray - Edina Realty There’s No Place Like Home 👠 612-242-8658 #theresnoplacelikehome #realestate #refinance #recast #realestatetips #mortgage #realestateagent #mnrealtor #homebuyer #homebuyers #twincitiesrealestate #mn #mnrealestate #mortgagetips #edinarealty