 Feature Properties
|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 707-476-0200.
|

Find Out About the Latest Homes for Sale First! I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
|
|
|
|
Eureka, Trinidad, Arcata and Humboldt County Information:
About Eureka, Trinidad, Arcata and Humboldt County - Moving to Eureka, Trinidad, Arcata and Humboldt County, California? Get info here...
School Reports - Reports for Eureka, Trinidad, Arcata and Humboldt County schools kindergarten, elementary, and high schools.
Relocating? - Free real estate information & relocation package if you're relocating to Eureka, Trinidad, Arcata and Humboldt County, in Humboldt County CA.
Go to Main Sitemap - Main sitemap sections include Find Eureka, Trinidad, Arcata and Humboldt County Homes, For Home Buyers, For Home Sellers, Eureka, Trinidad, Arcata and Humboldt County Information, Real Estate Resources, and About Richard Dorn.
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
Financing Your Home >When Interest Rates Rise
Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.
One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.
If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.
|
 |

NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|