|
All agents are NOT alike! Find out why we are top real estate experts. Call Chip: 603-845-2130 or Kim: 603-845-2234
|
 |
 |
Request Our Free Relocation Package!
Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
Find Out More >
View All Offers >
|
"he worked well with us to obtain our goals."
First, as sellers, we found Chip to be professional, courteous, and felt he worked well with us to obtain our goals.
"Brian and Carol F. of Londonderry, NH"
Read Quote >
View All Quotes >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
Chip Sutton and Kim Wells is one
of The Top Selling Real Estate Experts™
Find Out More > |
|
|
 |
Please Sign Up For The
Latest Listings and the Latest Real Estate News
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.
|
|
| Q |
What does the abbreviation PITI stand for?
|
| A |
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
