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Real Estate Tips
Financing Your Home >Shopping for the Best

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 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
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What characteristics must a home have to be considered a prestigious property?

A 
Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person.
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Kurt Bloom, REALTOR®, real estate agent and broker for Gurnee, Libertyville and Vernon Hills, Illinois home listings, property and land for sale - NUMBER1EXPERT

Kurt Bloom
Keller Williams Premier Realty

410 Peterson Rd.
Libertville, IL 60048
Office: 847-932-5555
Fax: 847-932-5300
kurtbloom@NUMBER1EXPERT.com

Your local real estate expert!

Equal Housing MLS REALTOR


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