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About Appraisals >Refinancing Your Home
Interest rates fluctuate as changes occur in the general economy. If you purchased your home when interest rates were higher, you may want to consider re-financing your loan at a lower rate.
You will have to apply for the new mortgage and have your current income eligibility assessed. Depending on how long you have had your present loan, a current appraisal may be required. There are closing costs, such as attorney, title fees, recording and notary fees, and appraisal charges. The biggest factor in your decision should be the length of time you plan to remain in your home. If you will be there for only a year or two more, it might not pay to re-finance. If you will be in your home longer, re-financing could provide you with lower mortgage payments. Your real estate agent can help you work out the numbers and can refer you to reputable home appraisers and mortgage lenders.
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| Q |
In what U.S. home can you find the world's largest refrigerator magnet collection?
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| A |
Louise Greenfarb of Las Vegas, Nevada has 35,000 unique fridge magnets that she has been collecting since the 1970's. |
See More Real Estate Trivia > |
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Sara & The SOLD It Again Team RE/MAX UNITED 9131 Anson Way Raleigh, NC 27615 Direct: 919-846-3218 Fax: 919-882-4303 Sara@SaraMatyiko.com
If you're considering buying or selling a home, selecting a Raleigh real estate agent is the first important decision you will have to make. While there are many qualified agents out there, it's important to decide on a professional who understands your needs and individual preferences, someone who you can respect and trust. As your real estate professional, Sara will be your guide through the entire process of buying or selling a home, and can be a valuable resource. We would love to hear from you and have the opportunity to discuss why Sara & The Sold It Again Team may be right for you. For a confidential consultation about Real Estate in Raleigh and for the surrounding Wake County areas of Cary, Holly Springs, Apex, Chapel Hill and Durham, contact us directly at 919-846-3218.
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