Ellen Wilner ranks in the top 1% of Realtors nationwide. She has been the top producer in Coldwell Banker's highly productive Bethesda Downtown office for the past two years. Ellen is well known for her upbeat attitude and sense of humor, as well as her high level of service, experience and integrity. Ellen provides complimentary architectural consultations through her husband, an award winning area architect. Ellen serves Maryland, DC and Northern Virginia and is especially knowledgeable in the river communities from Potomac to Georgetown, including Glen Echo, Cabin John and the Palisades. Please Sign Up For The Latest Listings and the Latest Real Estate News
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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What land did the U.S. Government buy for $7.2 million?
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The U.S. bought all of Russian America (Alaska) from the Russian Czar in March 1867. |
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