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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 building has the largest windows in the world?

A 
The Palace of Industry and Technology in Paris, France has three matching windows, each 715 feet high and 164 feet wide and comprised of multiple panes of glass.
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Sue Meservier, REALTOR®, real estate agent and broker for Auburn, Lewiston and Turner, Maine home listings, property and land for sale - NUMBER1EXPERT

Sue Meservier - Meservier & Associates
The Maine Real Estate Network

75 John Roberts Road
South Portland, Maine 04106
34 Center Street Auburn, ME 04210
Office: 207-784-2525
Fax: 207-689-9801
Mobile: 207-576-5488
suemeservier@NUMBER1EXPERT.com
sue@meservier.com

"Today's Real Estate Professionals, Opening New Doors"
(Formerly of Keller Williams Realty Mid Maine)

Equal Housing MLS REALTOR


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