Wake Forest, Raleigh and Cary real estate and homes for sale in North Carolina - The Scott Hoffman Team, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
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Real Estate Tips
Financing Your Home >The Mortgage Shop

The most important thing to look for when you are shopping for a mortgage is the interest rate, right? Not necessarily. There are many other factors to consider, including the lender's charges for making the loan, the terms under which the loan will be approved, and the lender's reputation for timely completion of loan applications to meet purchase agreement deadlines.

When real estate agents are involved in sales transactions, they don't tell buyers which mortgage companies to use. They can provide the names of established lenders in the area who have provided good service to their customers. They can give general information about the different mortgage options that are available today. Using a low interest rate as the main criteria for choosing a mortgage could cost you money--and perhaps the home you want--if the company cannot deliver on its promises.

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Real Estate Trivia
Q 
What are three of the best indicators of real estate market trends?

A 
Existing home sales, new home building and mortgage interest rates.
See More Real Estate Trivia >


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The Scott Hoffman Team, REALTOR®, real estate agent and broker for Wake Forest, Raleigh and Cary, North Carolina home listings, property and land for sale - NUMBER1EXPERT

The Scott Hoffman Team
Coldwell Banker Howard Perry and Walston

9051 Strickland Road
Suite 200
Raleigh, NC 27615
Phone: 919-877-8921
Voice Mail: 919-990-3213
Fax: 919-882-9080
scott@scotthoffman.com

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