 |
Special Offers: Special offers for Corvallis, Newport and Albany
homeowners from Sue Long, top Realtor |
 |
Affiliates: Sue Long's real estate web site affiliates |
 |
My Newsletter June 2009: Sue Long's Corvallis,
Newport and Albany newsletter... |
 |
My Newsletter November 2008: Sue Long's
Corvallis, Newport and Albany newsletter... |
 |
Today's Real Estate News: Daily real estate news for this neighborhood, Oregon, and United
States |
 |
Market Conditions Report: Market conditions report for this area, Oregon, and United
States |
 |
Monthly Payments & Schedule: Monthly loan payments java
mortgage calculator |
 |
How Much Can You Afford?: Calculate how much home
you can afford with this financial calculator |
 |
Determine Tax Savings: Calculate how much your
monthly Corvallis, Newport and Albany Oregon mortgage payments save you on your
taxes because of loan interest |
 |
Should You Rent or Buy?: Is it better to rent a
home in Oregon or buy your own Corvallis, Newport and Albany house, ranch,
luxury property, condominium, acreage, or other real estate? |
 |
Adjustable Rate Mortgages: Adjustable rate
Corvallis, Newport and Albany mortgages information and interest rate java
calculator |
 |
What Is Your APR?: Determine the Annual Percentage
Rate (APR) for your mortgage. |
 |
Fixed or Adjustable Rate Mortgage?: Use this calculator to
compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and
an Interest Only ARM. |
 |
Are Balloon Mortgages For You?: Balloon mortgage calculator.
A balloon mortgage can be an excellent option for many home
buyers. |
 |
15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay
significantly less interest, but only if you can afford the higher monthly
payment. Use this calculator to compare these two mortgage
terms. |
 |
How Much Should Your Income Be?: What income is required
to qualify for a mortgage? Use this calculator to find out. |
 |
What's Your Maximum Mortgage?:This calculator will help you
determine your maximum monthly housing payment and the resulting mortgage
amount. |
 |
Will Buying Points Save You Money?:This calculator helps you
determine if you should pay for points, or use the money to increase your down
payment. |
 |
TripleCalc: FREE Software Download: TripleCalc lets you compare three loans at
one time for your property or other Oregon real estate |
 |
Top National Real Estate Web Sites: Real Estate Web Sites
that include some unique sources of realty information, listings, and
more |
 |
Ask Anything: Ask Sue
Long anything real estate |
 |
NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agents and realty
professionals and brokers in the USA and Canada with links to their personal
web sites with homes for sale |
 |
Real Estate Tips: Sue Long's realty library of real
estate tips and advice on everything from preparing your home for sale to
negotiating with home buyers to escrow, closing costs, property inspections,
and mortgage brokers |
 |
Real Estate Trivia: Sue Long's collection of real estate trivia questions and answers
that include real estate topics such as the most expensive home, largest
swimming pool, and more |
 |
Real Estate Dictionary: Complete real estate
dictionary and glossary of realty words you'll use when you list and sell your
Corvallis, Newport and Albany property in Oregon, including legal terms
definitions, and more |
Please Sign Up For The
Latest Listings and the Latest Real Estate News
 |
First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
|
 |
| Q |
What is the most unusual maintenance project done once each year in the United States?
|
| A |
The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
|
See More Real Estate Trivia > |
|
|
|