Ed Black
REALTOR

240-668-5301

About TeamBlackBerry
About TBB
Contact Ed
Testimonials
Guest Book
Closed Sales
Service Guarantee
For Our Buyers
Our Listings
4 Sale By Owner
New Construction
Dream Home Finder
MD Foreclosure Help
For Our Sellers
Market Analysis
Resources
Md Relocation
Lake Linganore
City Overview
FREE Brochures
Local #s
Buyer/Seller Info
Community Links
Real Estate Teams
Schools
Newsletter
Real Estate News
Homes&LandMag
Weather Report
Financial Resources
PNC Mortgage
Mortgage Rates
Home
TeamBlackBerry Home!
 


Referrals are our GREATEST compliment. Consider passing our name today.

Equal Housing Opportunity


GRI - Graduate, REALTOR® Institute


MLS membership


REALTOR® certification


Yahoo® Real Estate Classifieds

 

Buyer/Seller Info



  Avoiding Financial Stress

By asking the right questions, and knowing exactly what your needs are, you can find the right loan for you. There are certain approaches that you can take while mortgage shopping that can cost or save you money.

It is still true that the better qualifications you have, the lower your interest rate will be. However, there are mortgages available for almost everyone; it's the interest rates or the down payments that vary.

Before speaking with a lender, know what monthly dollar amount you feel comfortable committing to. Then when you discuss mortgage pre-approval with your lender, it is easier for you to determine the monthly amount and what value of home the monthly amount translates into. Do not put yourself in the position where you will be paying more each month than you intended simply because the "dream" house requires it.

Do your research on the types of mortgages available to you and find the one that best suits your needs. There are a number of considerations to be made in terms of finding the best mortgage for each individual:

*What type of market are you in? Are the interest rates falling or rising?
*Do you want a fixed mortgage rate, where you will always know what your payment is going to be?
*What are your long-term goals? Do you intend to resell the property? Do you only need the mortgage for a short time?


 

[ Back To Buyer Tips ]


2006-2008
All Rights Reserved Edward Black
TeamBlackBerry LLC t/a
TeamBlackBerry & Associates SM
REAL ESTATE TEAMS,LLC
50 Citizens Way Frederick, Maryland 21701
Lake Linganore, Maryland
Ed Black, Specializing in Frederick County MD real estate! - Frederick MD Realtors - Frederick MD Homes - HUD Home Sales - www.edsellsmaryland.com - www.lakelinganorehomesales.com - www.teamblackberry.com


Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu