Tuscaloosa, Northport and The University of Alabama Area real estate and homes for sale in Alabama, Luxury Homes, Lakefront Properties - Alice Maxwell, REALTOR® Alice Maxwell REALTOR(r) for Tuscaloosa, Northport and The University of Alabama Area, Alabama real estate, Luxury Homes,  Lakefront Properties - NUMBER1EXPERT™ Alice Maxwell NUMBER1EXPERT(tm) for Tuscaloosa, Northport and The University of Alabama Area, Alabama real estate, Luxury Homes, Lakefront Properties
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Alice Maxwell, REALTORŪ, real estate agent and broker for Tuscaloosa, Northport and The University of Alabama Area Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
What house is considered to be the first house with running water in America?

A 
John Headly's home built in Newport, RI in 1723, was equipped with an underground pipe from the nearby spring.
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CDPE



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Alice Maxwell, REALTORŪ, real estate agent and broker for Tuscaloosa, Northport and The University of Alabama Area Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

Alice Maxwell--Relocation Specialist
Advantage Realty Group

1641 N. McFarland Blvd. Suite A-1
Tuscaloosa AL 35406
205-345-0116
205-292-4546
Fax: 205-758-1831
alicemaxwell@NUMBER1EXPERT.com

"It is important to me to give 100% to every client, because I know that buying and selling a home is more than just paperwork and details. It's about realizing your goals and dreams. And when we're through, I feel I've been successful only if my clients are completely satisfied!" 2008 Realtor of the Year - Tuscaloosa

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