Do You Have a Real Estate Related Question? I Will Email You an Answer Quickly. As a top Whatcom County, Sudden Valley and Bellingham real estate expert, it's my job to help! Please take advantage of my experience and knowledge. Ask me anything about: - Any particular home that is or was on the market. - Neighborhoods and local market trends. - Local demographics and the economy. - Tricks and traps when buying real estate in this area. - Special tax considerations regarding real estate. - Specific questions about contracts, escrow, and closings. - Anything real estate! It's my job to know EVERYTHING about real estate! Ask me anything. There are no dumb questions! It's FREE, and I promise to get back to you quickly... 
Financing Your Home >Your Mortgage
Many homeowners overlook the mortgage payment as a tool for financial management. They get the mortgage, move in, make the payments, and pay off the loan eventually. Smart homeowners know that by properly adding to their monthly payments, even by a small amount, they can substantially reduce the term of their loan, not to mention the total interest they will pay. In fact, prepaying one full year of a standard mortgage can save thousands of dollars in interest. The key is to do it properly and to find the right lender for whom prepayment is not a problem.
More progressive lenders allow the option to add money to the monthly payment which goes directly to the principal. How much should you add? It's largely a personal decision, and it depends on your cash flow. But be mindful of the fact that the mortgage interest rate is probably the lowest interest loan you will find, so don't short yourself with prepayment only to run up credit card debt!
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Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?
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Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria. |
See More Real Estate Trivia > |
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Chris Weitzel & Associates RE/MAX Whatcom County 1937 Lake Whatcom Blvd Bellingham, WA 98229 Direct: (360) 312-5151 Toll Free: (888) 733-7518 Email: chrisweitzelandassoc@NUMBER1EXPERT.com
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We hope that you will choose Weitzel & Associates to represent you during your next real estate move in Whatcom County. 
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