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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 busiest airport in the world?

A 
According to the Airports Council International, the Hartsfield International Airport in Atlanta, Georgia is currently the busiest airport in the world, serving 76.87 million passengers per year.
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Nicky Dou, REALTOR®, real estate agent and broker for Fayetteville, Springdale and Bentonville,  home listings, property and land for sale - NUMBER1EXPERT(tm)

Nicky Dou - Serving Northwest Arkansas and You!
Coldwell Banker Harris McHaney & Faucette

809 S. 52nd Street
Rogers, AR 72758
Cell: 479.236.3457
Fax: 866-888-0955
Nicky@NickyDou.com

Nicky Dou is America's NUMBER1EXPERT in Northwest Arkansas. Nicky services Bentonville, Fayetteville, Rogers, Lowell, Springdale, Bella Vista, Beaver Lake, and surrounding areas in Northwest Arkansas. She continues to be at the top of sales in Arkansas and is a native to the area. Nicky is anything but ordinary when it comes to marketing a property. She is an out-of-the-box thinker and utilizes technology and creativity in everything she does. Nicky is in the top 1% of all Realtors in Northwest Arkansas and works for the largest company in the Region, Coldwell Banker Harris McHaney & Faucette. Nicky offers the highest level of service and dedication - Let Nicky make YOU her Number 1 Client in Arkansas! Nicky Dou, Sr. Vice President, Executive Broker Coldwell Banker Harris McHaney & Faucette ePRO, ecoBroker, AHS (Home Staging Specialist)

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