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805-390-7917.
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The Sensitivity You
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contributed to your tremendous success as a broker.
Sharon
Davies Oxnard College
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Who Am I?: Who
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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 |
What
is the longest construction time for a private
residence?
|
| A |
The
Winchester House in San Jose, CA, was under
construction for over 38
years. |
 See More Real Estate
Trivia > | |
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- NUMBER1EXPERT™ 
