Get A FREE Professional Quote On Your Home! Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
They give their 100% They are honest, professional, and work for your best interest. Francisco and Nancy Lopez Read Quote > View All Quotes >
Compare three mortgages at one time.
Download TripleCalc now. It's free.
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.
Gilda Santacana, Realtor/The Dynamic Team REMAX PREMIER PROPERTIES 2075 Town Center Blvd Orlando Florida 32837 Cell: 407- 234-2234 Office: 407-480-2183 Direct Fax: 321-329-3086 Email:: gildahomes@gmail.com gildas@remax.net
The Dynamic Team has been carefully planned and developed with the focus being on you, our valued customer. Our team has been designed to offer a greater value to you with our full service approach offering several additional services and programs designed to fit your needs. Our team will be offering you the absolute industry best service levels with our staff of highly qualified Real Estate professionals. We pride ourselves in using the latest in technology along with proven systems to insure that your every need is met and every expectation is exceeded.
Along with our residential expertise we also have a team of professionals standing by to help you with any of your residential or commercial investment needs. Our in house lenders and title company will make you feel right at home as they help you through the home buying or selling process.
Are you or do you know of anyone that is relocating? If the answer is yes, you have come to the right place. The Dynamic Team offers full relocation services to anywhere in North America or from anywhere in the world. When you are considering your next move please consider our team of professionals that will help you with our full service, one stop shop approach to buying and selling real estate in the state of Florida. Our mission at The Dynamic Team is to seek first to understand your needs and expectations with honesty, integrity and professionalism. Only after we truly understand will we carefully develop a plan to so far exceed your needs and expectations that you will be proud to refer us. We believe only in Win-Win relationships with everyone we are associated with and are always striving towards achieving this goal.
THE DYNAMIC TEAM is standing by ready for your next move!!
www.DialDynamic.com is brought to you by
The Dynamic Team NUMBER1EXPERTS in real estate for
Orlando and Kissimmee, Florida, luxury homes, waterfront