|
Many Thanks to Worthington Realty
?Without Mark Worthington's help and advice in selling my house I would have had to pay many more bucks in taxes. To have a solid appraisal meant that I had a solid deduction. The money for the appraisal was repaid many times over. Many thanks to Worthington Realty."
Nancy McVean
Tell us how we're doing!
You have a story to tell about us. You've worked with us, and we've helped you buy or sell a home. We need your feedback. Others need your feedback, too! Please take a moment to fill out this form and tell us how we did...
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 economic factor can make the purchase of a home an excellent long-term investment?
|
| A |
Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERTS™ 
