Who knows how Orange County got its name? People have made up so many stories about O.C that over the years, separating fact from fiction has become as time-consuming as peeling an orange. One thing is certain about the place, though. It is easily one of the most beautiful and picturesque in the United States. Because of its desirable location, Orange County home equity loans understandably come with steep price tags.
Orange County Home Equity Loans: Expensive or Economical?
If your goal is to find a budget-friendly home, do not shop for Orange County home equity loans. Orange County is the country's second most-expensive housing market. It is second only to San Francisco. In fact, as far as houses are concerned, the average Orange County home will cost you three times more than the average American house. According to the National Association of Realtors, Orange County home loans start at $710,000.
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