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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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Where is the world's largest mud building?
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The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season. |
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Mike Smith
Premier Real Estate & Property Management, LLC
95064 Toftdahl Lane
Junction City, Oregon 97448
Phone: 541-234-2288
Fax: 541-234-2187
Cell: 541-954-4946
E-Mail: mikesmithbroker@NUMBER1EXPERT.com
Direct E-Mail: BrokerMike@Comcast.net
Mike Smith is one of the top Broker's in the Eugene/Springfield area. With over 25 years of Real Estate experience, he has a proven track record that few Broker'can match! Experienced affiliates work with Mike to provide SUPERIOR SERVICE. They free Mike to spend more time with YOU! State of the art computers and other technologies allow Mike to provide fast, efficient, knowledgable, service to his clients! Mike's credentials include. CCIM
Canidate, Vast knowledge of 1031 Tax Deferred and Reverse Exchanges, Specializing in Residential, Multi Family Investments, Development Land, Property Management, and Farms/Ranches Serving Lane and South Linn Counties    
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© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
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© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
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