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Resources: Memphis, Tipton County and Fayette County Tennessee home buying, real estate listings, and homes for sale in Fayette County, TN
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Monthly Payments & Schedule: Monthly loan payments java mortgage calculator
How Much Can You Afford?: Calculate how much home you can afford with this financial calculator
Determine Tax Savings: Calculate how much your monthly Memphis, Tipton County and Fayette County Tennessee mortgage payments save you on your taxes because of loan interest
Should You Rent or Buy?: Is it better to rent a home in Tennessee or buy your own Memphis, Tipton County and Fayette County house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages: Adjustable rate Memphis, Tipton County and Fayette County mortgages information and interest rate java calculator
What Is Your APR?: Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage?: Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You?: Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be?: What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage?:This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money?:This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc: FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Tennessee real estate
Top National Real Estate Web Sites: Real Estate Web Sites that include some unique sources of realty information, listings, and more
Ask Anything: Ask The Driver Team anything real estate
NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agentss and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale
Real Estate Tips: The Driver Team's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers
Real Estate Trivia: The Driver Team's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more
Real Estate Dictionary: Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Memphis, Tipton County and Fayette County property in Tennessee, including legal terms definitions, and more

 

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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 
Where is the world's oldest pyramid?

A 
The oldest pyramid is the Third Pyramid of Mycerinus is at El Gizeh, Egypt; it has the largest single block weighing 320 tons.
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The Driver Team, REALTORŪ, real estate agents and broker for Memphis, Tipton County and Fayette County Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

The Driver Team
RE/MAX ALL STARS

2845 N. Houston Levee
Suite 103
Memphis, TN 38016
DIRECT: 901-674-SOLD (7653)
Office: 901-387-1199
Fax:: 901-881-0675
Email: Driverteam@earthlink.net

The Driver Team "At Your Service" Bob and Rita understand the magnitude of your decision to buy a home. We understand that you have definite ideas about what features you are looking for in a home, and most of all, we understand that your time is valuable. The Driver Team wants your home buying experience to be fun and exciting, and not time consuming. Our Team works constantly to improve our systems, process and services to go well beyond the standard level of service provided by most agents. Simply put, our objectives are to get your home sold quickly, for the highest price possible and with the least amount of stress. We want to provide the best service available in the industry. We want to make you so satisfied that you listed your home with us that you will gladly refer the Driver Team to your friends, family and business associates.

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RE/MAX All Stars real estate and homes for sale in Memphis, Tipton County and Fayette County Tennessee

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