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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 world's longest wall?

A 
The Great Wall of China, at a length of 2,150 miles, nearly three times the length of Britain.
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The Dave Bueker ''Smooth Move'' Team, REALTOR®, real estate agent and broker for Crestwood, South St. Louis County and Sunset Hills, Missouri home listings, property and land for sale - NUMBER1EXPERT

The Dave Bueker 'Smooth Move' Team
Keller Williams St. Louis

10936 Manchester Rd.
Kirkwood, MO 63122
314-677-6100
Fax: 314-677-6103
Email: davebueker@NUMBER1EXPERT.com

Dave Bueker is one of the most dedicated and committed real estate professionals in the St. Louis area. The Dave Bueker "Smooth Move" Team dedicates 100% of its time delivering first-class service to its customers. We are interested in building strong, lasting, lifelong relationships...one person at a time.

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