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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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Q	What famous person said this? "Real Estate is the best investment in the world because it is the only thing they're not making anymore!"
A	Will Rogers, who began his career as a rope-throwing cowboy and later became a famous stage and film star.
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Steve Rider and The Elite Team, REALTORŽ, real estate agent and broker for Ahwatukee, Scottsdale, Chandler and Gilbert Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve & Beth Rider and The RiderElite Team
Keller Williams Integrity First Realty
18940 N. Pima Road, Suite #100
Scottsdale, AZ 85255
Tel: 480-277-5230
Tel: 602-315-8749
Fax: 480-393-5695
Email: info@AzEliteTeam.com
The Rider Elite Team
Exceeding your expectations, one family at a time
Our Belief System
Win-Win - Or no deal
Integrity - Do the right thing
Customers - Always come first
Commitment - In all things
Communication - Seek first to understand
Creativity - Ideas before results
Teamwork - Together everyone achieves more
Trust - Starts with honesty
Success - Results through people
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Some conditions and restrictions apply. Not everyone will qualify to purchase or trade. Home valuations performed by Keller Williams agents.