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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
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What is the largest home in Hollywood?

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The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million.
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The Green Real Estate Team, REALTORŪ, real estate agents and broker for Tampa Bay, Tampa and Clearwater Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Michael Green & Associates
Keller Williams Realty

3502 Henderson Blvd
Tampa, FL 33609
Cell: 813-295-2000
Fax: 813-830-7450
GreenRealEstateTeam@TopProducer.com

Michael Green, P.A., Tampa Bay's #1 Luxury Sales Specialist for 2003, 2004, 2005, 2006, 2007 and 2008 leads Michael Green & Associates, the #1 Keller Williams Sales Team in Florida, in marketing and selling waterfront, fine and luxury homes, estates and investment properties throughout Greater Tampa Bay Florida. Mike's team has provided outstanding service to their many clients through passion for their work, integrity, diligence, superior marketing and extensive market knowledge. Upon attaining a B.S. Degree in Biology/Chemistry/Mathematics from the University of South Alabama, Mike then completed a distiguished career as a Special Agent of the F.B.I. and subsequently co-owned a multi-office real estate firm, where he directed Fine Homes & Estates and Relocation Divisions. Mike and his associates would love to work with you and make your real estate experience a pleasant, effortless success. You can place your trust and confidence in one of the nation's top real estate professionals.

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