Louisiana Real Estate Mortgage Tips | Nicole Spellman Group

Nicole Spellman Group Powered by Epique Realty
Nicole Spellman Group Powered by Epique Realty
Published on June 25, 2024

Thinking about buying a home but worried about affording it? I totally get it. My job is to share my market expertise with you and offer a few helpful suggestions
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✔️ Got pre-approved for $500,000 but the payments are too high for your liking? No worries! We can explore options in the $400,000 range to find something that fits your budget better.

✔️ You might get excited about a house but get nervous about the payments. That’s when we talk about rate buydown options using a seller credit. With a rate buydown, you can snag a lower interest rate for a set period, like 12 or 24 months. This means you’ll start with a lower mortgage payment, and you can refinance if rates drop before the lower rate period ends.

✔️ And hey, if buying a house doesn’t make sense for you right now, that’s totally fine too. Maybe living with family or sticking with your current rent is a better option for saving money and staying comfortable financially. I’m here to help you buy a home when you’re ready, not to push you into something you’re not sure about!

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Follow ‪@nicolespellmangroup‬ or visit our website https://nicolespellmangroup.com/ for your daily real estate tips!

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