As an agent who knows this area inside and out, I bring a wealth of knowledge on local communities, current market conditions, and more. I strive to make your real estate experience an exceptional one.
Whether buying or selling a home, I can advise you through the processes from beginning to close. Call me or email me to set up a time to discuss your specific real estate needs.
As a valued client, you'll receive:
- Expertise on neighborhoods and the local markets
- Innovative strategies to market and sell your home
- Additional insights into listings that are not accessible online
- A proven negotiator who will be with you every step of the way
- A trusted and knowledgeable partner through closing and beyond
Interest-Only Loans
Interest-Only Loans
A new trend in home-buying is emerging…the interest-only (i/o) loan. Although interest-only loans have been available for quite some time, they’re becoming more popular. Currently about half of all adjustable-rate mortgages are interest-only, according to E-Loan. But why in the world would you want to get an interest-only loan? Isn’t the point of home-ownership building equity and security? That’s one of the points, but an interest-only loan can be a viable alternative if you meet several criteria. For instance, you need a credit score of at least 680 if you’re a salaried borrower, and if you’re self-employed you need a 700 or higher. But we’re getting ahead…