Congratulations
on your decision to buy a new home!
Buying a new home can be a very exciting time; however, there are many
things to consider and many things to get done. One of the most important things - if not the most important
thing - when buying a new home is your choice of lenders and the interest rates
they charge. Get this wrong and it
could cost you thousands of dollars over the life of your loan.
Whether
you are buying a new home or just re-financing your current one, it is a good
idea to do some comparison shopping for the best lender with the best
rates. A low interest rate isn't the
only thing you should consider when shopping for a loan. You will also want to consider the terms of
the mortgage, what the closing costs will be and you will want to check the
reputation of your lender. Remember,
this is going to be your lender for quite possibly 30 years, so you want to
make sure they are reputable.
Your
real estate agent will be a huge help when it comes to lenders and loans. They will be able to provide you with a list
of lenders that have the best loan packages available and will be able to tell
you what their qualifying requirements are.
Your realtor can also tell you which lenders are willing to go above and
beyond the call of duty to provide you
with excellent service and the ones that will make sure everything goes
smoothly from start to finish.
The
first thing your lender and realtor will tell you is that you need to
"Lock In" your interest rate. What that means is that the lender will guarantee you the current
interest rate with specific predetermined points and fees for a specific amount
of time, usually 30 days.
So
after you have applied for your mortgage loan, the rates will more than likely
fluctuate from day to day and week to week.
Therefore, if you don't want to risk losing that great current interest
rate, you will need to ask for a rate lock from the lender. This will lock in your interest rate.
Don't
worry, your real estate agent will be there to help you. So don't hesitate to pick up the phone and
give them a call. They are
professionals with years of experience just waiting to help you through the
home buying process and will be there for you every step of the way.
I
specialize in helping buyers and sellers invest in real estate in Loudoun County and Northern Virginia.
I
have over 25 years experience in the real estate industry. As a Broker/Owner with Exit Realty Talbot
and Company, I bring special tools and solutions that enable me to exceed the
expectations of my clientele. If you
are considering listing your property in Loudoun County or the nearby areas,
ask me about our latest internet marketing systems. I would appreciate the opportunity to earn your business. I am experienced in listing and selling
short sales. For information on the
short sale process, please visit www.LoudounShortSaleSolutions.com.
My
past awards and designations include – 2003 President of the Dulles Association
of Realtors, 2003 Dulles Area Assoc Realtor of the Year, Salesperson of the
year 2000 Dulles Area Assoc of Realtors,
Top Producer awards from both the Dulles Area Association and the
Northern Virginia Association of Realtors.
I am a member of the Top 5 in Real Estate Network.
I
have lived in Loudoun County since 1979. I am married with two grown children and two grandchildren. My son in law is my business partner in real
estate. I love to jog in the mornings
and spend time relaxing on my Trawler during the summer months.
Loudoun County and Northern Virginia Real Estate Sales and
Solutions – Helena Talbot, Broker. I specialize in
helping buyers and sellers invest in real estate in the Northern Virginia area
to include Loudoun County and surrounding areas including Fairfax, Clarke,
Fauquier, Prince William Counties. Our local neighborhoods include Leesburg, Ashburn, Sterling, Potomac
Falls, Brambleton, Broadlands, Lansdowne, River Creek, Belmont Country Club,
Beacon Hill, Shenstone, Waterford, Lovettsville, Purcellville, Hamilton, Round
Hill and Bluemont.
Cell 703.727.9885 Office
703.574.3800 www.facebook.com/LoudounCountyConnect www.twitter.com/ExitAshburn www.Linkedin.com/in/HelenaTalbot
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