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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 is the busiest airport in the world?

A 
According to the Airports Council International, the Hartsfield International Airport in Atlanta, Georgia is currently the busiest airport in the world, serving 76.87 million passengers per year.
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John Bendall, REALTORŪ, real estate agent and broker for Bridgewater, Basking Ridge and Somerset County, New Jersey home listings, property and land for sale - NUMBER1EXPERT

John Bendall
RE/MAX Classic Group

Branchburg office- 3322 Rte 22 West Suite 908
Basking Ridge office- 47 S. Finley Ave
West Milford office- 1499 Union Valley Rd
Office: 908-895-1898
Fax: 908-231-7799
Email: john@bendallgroup.com

John Bendall is the owner/broker of RE/MAX Classic Group with 3 offices in New Jersey. (Branchburg, Basking Ridge and West Milford)John started Classic in November 2005 and it has grown from 6 agents to over 75 of the best agents in New Jersey. One of real estate's biggest fans, John soaks up all the knowledge he can about every facet of the industry bring his agents all the cutting edge tools to help them meet all their clients needs. Call or email today, and we will help you achieve your Real Estate goals. Performance always Outsells Promises!

CRS ePro GRI SRES ABR ERC MLS REALTOR Equal Housing wcr


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