helping you through the house-selling process

Selling real estate can be just as much work as buying. There are so many things to worry about as you prepare your home to list on the market. Then you have to worry about the real estate agent you will hire to help you get the house sold. After that, you have to worry about who will be coming in to tour your home throughout the week. Will you hold an open house? Do you take the first reasonable offer you are presented with? Our blog was designed to assist you through the selling process a little bit easier.

3 Tips For Reducing Your Monthly Mortgage Payment


One of the things you're sure to want is a place to call home. This is likely to be your largest investment and may allow you to have the most possible enjoyment daily. However, if you're looking for a home for sale, it's ideal to know the best ways to keep your payments down. This can allow you to pay less monthly and avoid financial stress in the process.

Tip #1: Make a more substantial down payment

The amount of money you pay down for your property is essential when it comes to keeping your payments lower. It's ideal to save up for a home before making the actual purchase because doing so can allow you to have more money to put down. Additionally, it may be necessary to put a certain amount of cash down for the home in order to avoid the seller finding another buyer.

Tip #2: Get the lowest interest rate

The better your credit rating is, the less you'll have to pay for your interest rate. This is an indication of how well you've paid your bills in the past, and a higher rating allows your lender to have more confidence in you.

The lower the interest rate is on your loan, the less your payments will be on a monthly basis. Be sure to inquire about this before committing to any loan agreement. It's also a great idea to shop around because you may be able to get a lower rate at one bank versus another one.

Tip #3: Negotiate the asking price

Of course, the ideal way to allow you to save money on your mortgage payment will rest in paying the least possible amount for the home. It's in your best interest to work with a real estate agent to assist you in negotiating the lowest price.

Keep in mind there are additional things that will need to be done, and some of these can add to the overall expense of the property. For instance, having the seller pay the closing costs is one way to help decrease the expense of the sale and lower your payment.

Working to find the right property to call your own is sure to be something you'll want to do. Keep in mind this can be achieved with the right amount of effort and discipline on your part. Be sure to work with your real estate agent today to assist you in making this happen!


26 March 2018