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About Appraisals >Refinancing Your Home

Interest rates fluctuate as changes occur in the general economy. If you purchased your home when interest rates were higher, you may want to consider re-financing your loan at a lower rate.

You will have to apply for the new mortgage and have your current income eligibility assessed. Depending on how long you have had your present loan, a current appraisal may be required. There are closing costs, such as attorney, title fees, recording and notary fees, and appraisal charges. The biggest factor in your decision should be the length of time you plan to remain in your home. If you will be there for only a year or two more, it might not pay to re-finance. If you will be in your home longer, re-financing could provide you with lower mortgage payments. Your real estate agent can help you work out the numbers and can refer you to reputable home appraisers and mortgage lenders.

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Q	What is the largest home in Hollywood?
A	The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million.
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Leona Swanson, REALTORŽ, real estate agent and broker for Alexandria Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Leona Swanson
Lagniappe Realty Company
812 Versailles Blvd Suite B
Alexandria
LA 71303
Main Office: 318-448-4400
Cell: 318-447-1935
Fax: 318-448-0828
leonaswanson@NUMBER1EXPERT.com
Leona Swanson has been a full time agent for eighteen years. She loves people and knows her area well. She has obtained her GRI, CRS, and ABR. Leona has consistently been in the Multi Million Dollar sales category, and has been the top agent for ten years. She delights in finding just the special home that one is looking for. No one else compares to the special, personal attention that Leona provides.

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