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Real Estate Tips
Financing Your Home >The Mortgage Shop

The most important thing to look for when you are shopping for a mortgage is the interest rate, right? Not necessarily. There are many other factors to consider, including the lender's charges for making the loan, the terms under which the loan will be approved, and the lender's reputation for timely completion of loan applications to meet purchase agreement deadlines.

When real estate agents are involved in sales transactions, they don't tell buyers which mortgage companies to use. They can provide the names of established lenders in the area who have provided good service to their customers. They can give general information about the different mortgage options that are available today. Using a low interest rate as the main criteria for choosing a mortgage could cost you money--and perhaps the home you want--if the company cannot deliver on its promises.

See All Tips In The "Financing Your Home" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What information does nearly every state in America require the seller of a home to reveal to the buyer?

A 
Most states require disclosure of any existing problems or conditions that could affect the value of the house.
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Fine Austin Living, REALTORS®, REALTOR®, real estate agents and broker for Austin, Westlake Hills and Lake Travis, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Todd Smith, Broker/Owner
Fine Austin Living, REALTORS®

4238 Bee Caves Road
Austin, TX. 78746
Phone: 512-402-9800
Email: Info@FineAustinLiving.com

Let us show you our passion for real estate! We'll show you the Fine Art of Austin Real Estate, and hopefully earn your business and your referrals for life!

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