JUST SOLD IN SAN RAMON FOR $200K OVER ASKING PRICE!!!

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504 Summer Valley Ct, San Ramon, CA 94582

$1,865,000 | 4 Beds | 3 Baths | 2,570 SqFt

Great location in the desirable Bent Creek Community in San Ramon! Situated in a court, open floor plan, 3 car garage, vaulted ceilings, hardwood floors, dual pane windows, bedroom and full bathroom on the main level! Plenty of room to roam with a living room, dining area, family room, kitchen with an island, approx. 2,570 square feet of living space situated on an approx. 7,200 square foot lot. Minutes from highly rated San Ramon schools, restaurants, shops, commute access and much more!

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What You Need To Know About Refinancing Your Mortgage

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Refinancing your mortgage can have many financial benefits when done at the right time in the right way. Here’s what you need to know about this type of transaction.

What is refinancing your mortgage?

When you refinance your loan, you essentially pay off your remaining mortgage with funds from a new one. The process is fairly simple and similar to when you applied for your initial mortgage. You’ll gather quotes from multiple lenders, file an application, gather and provide financial documentation, like paystubs, bank statements, etc., then close like you did when you first purchased.

Why should you refinance?

Refinancing your home loan is an option available to most homeowners. This decision can allow a homeowner to reduce their monthly mortgage payments, negotiate a shorter payment term, switch to a different type of loan, cash out on home equity, and consolidate debt.

When should you refinance?

Timing is key when it comes to refinancing your home. The best time to take this step is when interest rates drop lower than the rate you closed at. Another good time to consider refinancing is if your current credit score could allow you to qualify for better interest rates than your time of purchase.

What are the costs to refinance?

Unfortunately, refinancing isn’t free. Your refinanced mortgage will come with similar fees to your original, such as appraisal, title insurance, closing costs, and more. Because of this, when deciding to refinance, make sure the money saved outweighs the fees your will incur.