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  • Why Buyers Choose Patti Rowe - Why homebuyers looking for a real estate agent in the Charlottesville, Albemarle and Fluvanna area choose Patti Rowe.

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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 one of the most common ways for making the interior of a home more appealing to buyers?

A 
Repainting walls with light, neutral colors makes it easier for a buyer to visualize how the home will look with their possessions.
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Patti Rowe, REALTOR®, real estate agent and broker for Charlottesville, Albemarle and Fluvanna, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Patti Rowe
Real Estate III

1318 Piper Way
Keswick, VA 22947
434-977-8865
Fax: 866-253-6600
pattirowe@NUMBER1EXPERT.com


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