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West Torrance, South Torrance and Lomita Information
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About the West Torrance, South Torrance and Lomita, California Area 

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Real Estate Tips
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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Real Estate Trivia
Q 
In what movie did a cute extra-terrestrial take refuge in a California home on a cul-de-sac with a mountain peak towering behind it?

A 
Steven Spielberg's 1982 classic "E.T." was filmed in a real house on Lonzo Street, Tujunga, northeast of the San Fernando Valley.
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Sam  Xavier, REALTOR®, real estate agent and broker for West Torrance, South Torrance and Lomita, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Sam Xavier - The Xavier REO Team
RE/MAX Execs South Bay

23740 Hawthorne Blvd, 2nd Floor
Torrance, CA 90505
Phone: 310-802-2456
Mobile: 310-866-7598
Fax: 310-378-2745
SamXavier@NUMBER1EXPERT.COM

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