Ann Arbor, Dexter, and Saline real estate and homes for sale in Michigan - Nancy Bishop, REALTOR® Nancy Bishop REALTOR(r) for Ann Arbor, Dexter, and Saline, Michigan real estate - NUMBER1EXPERT™ Nancy Bishop NUMBER1EXPERT(tm) for Ann Arbor, Dexter, and Saline, Michigan real estate

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Nancy Bishop, REALTOR®, real estate agent and broker for Ann Arbor, Dexter, and Saline Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Interest Rates >Second Home Financing

You have returned every year to your favorite vacation area, and have finally decided to buy a second home in the special place where you enjoy your holidays. It is an excellent time to apply for a mortgage loan to make your purchase.

The climate for second home mortgages is the most favorable in years. Low interest rates and a recovering economy have attracted more buyers than ever before to purchase a second home for investment and vacation purposes. Many homeowners with a strong credit history have been able to qualify for a home equity loan at excellent rates, and have used their equity cash for down payment and closing costs on a second home.

Lending institutions are offering a wide range of affordable home loans. The rule of thumb is that a buyer can qualify for a loan amount based on 28 percent of their gross income. Often repeat buyers discover that they can borrow more than they assumed possible.

If you wish to take advantage of today's reasonable interest rates to purchase a second home, consult a real estate professional who can help to make your dream a reality.

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Real Estate Trivia
Q 
What four states in the Southwest are noted for having boundaries that touch.

A 
New Mexico, Arizona, Utah and Colorado, referred to as the "Four Corners", have adjoining boundaries.
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Nancy Bishop, REALTOR®, real estate agent and broker for Ann Arbor, Dexter, and Saline Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Nancy Bishop
Charles Reinhart Company

500 E. Eisenhower Parkway, Suite 200
Ann Arbor, MI 48108
734-761-3040
734-646-1333
734-769-3800
Fax: 866-520-3998
Email: NancyBishop@NUMBER1EXPERT.com
Email: Nancy@NancyBishop.com

Nancy Bishop is one of The Premier Real Estate Agents in the United States. She really "Knows" the Ann Arbor Area and provides "Signature Services" to her clients. Nancy is a "Gateway" to Everything the Community Has to Offer. Call or email Nancy today!


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