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All agents are NOT alike! Find out why Karen Brown and The Nilsen Team are top real estate experts. Call us: 703-375-8427.
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Find Out About the Latest Reston, Herndon, Ashburn and Sterling Area Homes for Sale Before Anyone Else! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the Reston, Herndon, Ashburn and Sterling, Virginia area MLS, and even later on the national listings web sites, if at all. By signing up to receive our latest listings, We'll send you an email notice instantly -- as soon as our latest homes for sale go online. You'll find out first, before other Reston, Herndon, Ashburn and Sterling buyers. There is absolutely no obligation, and this service is free of charge. Don't miss out! Get an email as soon as our new properties come on the market! There's no obligation, and you can stop our emails with one click. Just fill out this form to get started... 
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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Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?
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Lender in these states must pay interest on funds held in escrow accounts. |
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