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Why Sellers Choose Jason Sanderson and The Sanderson Team - Why home sellers in New Bern, Havelock and Oriental choose Jason Sanderson and The Sanderson Team.
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School Reports in New Bern, Havelock and Oriental, North Carolina

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Financing Your Home >When Interest Rates Rise

Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.

One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.

If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.

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Q	What is the earliest residential building that remains in Manhattan?
A	Fraunces Tavern, built in 1719, is where George Washington delivered his Farewell Address to his officers in 1783.
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Jason Sanderson and The Sanderson Team, REALTOR®, real estate agents and broker for New Bern, Havelock and Oriental North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Jason Sanderson and The Sanderson Team
Prudential Clear Water Realty
246 Craven St.
New Bern, NC 28560
Cell: 252-671-6320
Office: 252-675-8212
Fax:: 252-633-4337
Email: Jason@SandersonTeam.com
Email: Tim@SandersonTeam.com
Email: Erica@SandersonTeam.com
Email: Marguerite@SandersonTeam.com
The Sanderson Team takes buying and selling real estate to a whole new experience. We are in continous training from the Nations top real estate teams to learn new ideas and better ways that we can serve you. Please call The Sanderson Team for New Bern's top Real Estate Professionsals.

Prudential Clear Water Realty. Equal Housing Opportunity.

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