Rory Arnold on Muck Rack

Rory Arnold

Los Angeles
As seen in: Lower My Bills, Ranker, Earth.com, RugbyPass, Jersey Digs, Wallet Joy, The Decaturian
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Articles

Real Estate Comps and How To Find Them

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By Rory Arnold, T.J. Porter, Andrew DePietro, STEPHANIE COLESTOCK
| Lower My Bills
If your neighbor fails to maintain their home, it can be more than just an eyesore for you — it can actually reduce the value of your property. That’s because sales of comparable properties — usually referred to as comps — are a major factor in determining how much a home is worth. Whether you’re buying or selling a home, comps are essential for understanding the current market and what homes can be expected to sell for.
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What To Do If You're Underwater on Your Mortgage

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By T.J. Porter, Andrew Martins, Brett Holzhauer, Rory Arnold
| Lower My Bills
If you owe more on your mortgage than your home is worth, you’re said to be underwater or upside down on your home loan. If you’re paying your mortgage on time and can continue to do so, you should be fine. But if you’re underwater and need to refinance, you have no equity to borrow. And if you need to sell, you can’t make enough by selling the home to repay your current mortgage.
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Buying a Second Home: Essential Steps and Tips

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By Terence Loose, Rory Arnold, Casey Bond Verified, Brett Holzhauer
| Lower My Bills
If you’ve already bought a home and are now considering buying a second home to use for vacations or generate income, it’s important to know how the process differs. Taking on the additional debt required to buy a second home requires mortgage lenders to take a bigger risk. A loan to buy a second home may require a larger down payment, may come with a higher interest rate, and may have stricter financial requirements.
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