If you will please send me your mailing address. I will send you a real estate package. It includes maps, all current listings, cd tour of the island and other great information. If you have questions please call or e-mail me. I have another web site with lots more great information. www.fripprealestate.com
Questions? We'll send you a free answer by email, quickly and without obligation. It's our job to know more about real estate than any web site! Your privacy guaranteed.
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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