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Be sure to come back here each month to check out the latest giveaway prize!!
Register to win up to $1500 toward your closing costs on the purchase or sale of property when transacted by an agent on the Adler Team at Adler Realty.
If you are our monthly winner you will get ten percent of the commission paid on the sale or purchase of your home as a credit on your closing statement. You will also recieve a special personal gift worth over $50. A new winner will be chosen each month from those that register. There is no need to register more than once.
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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| Q |
Which hazardous substance is contained in sixty-four million houses and apartments?
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| A |
HUD estimates that 64 million homes and apartments built before 1978 contain lead-based paint.
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 See More Real Estate Trivia > |
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