Team Member Since 2019
For over 40 years, our family has been a part of the Western North Carolina community as benefactors at Appalachian State University. We’ve been in real estate development in South Florida for more than 80 years.
Before becoming a f…Read More
We came to Western North Carolina because we were looking for a lifestyle change. The clear contrast of our busy city life was immediately apparent upon meeting the friendly helpful people of this city, experiencing the wide range of year-round…Read More
What’s more important: The price of a home or my interest rate?
That depends on how long you plan to stay in the home. We’ll assume you remain in the house for 30 years. Let’s compare an 80% LTV mortgage for a $240,000 home and an interest rate of 4.5% with a that for a $210,000 home at 6.5%. By the time you pay off the loan on the more expensive home, you would have paid a total of $350,222.24. For the less expensive home and higher rate, you’ll end up paying $34,000 more! In this case, the higher price and lower interest rate would have worked to your advantage. Consider scenarios like these with a loan officer in order to make confident decisions. My preferred loan officer and I are ready to help you make confident decisions today.