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All agents are NOT alike! Find out why we are top real estate experts. Call us: 888-472-2767.

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Real Estate Resources:

  • Special Offers - Special offers for Whitby, Oshawa, Clarington and Port Perry homeowners from Larry Lloyd & Team.

  • Affiliates - Larry Lloyd & Team's real estate web site affiliates.

  • eNewsletter - Larry Lloyd & Team'sWhitby, Oshawa, Clarington and Port Perry newsletter email will send you the latest real estate information.

  • Today's Real Estate News - Daily real estate news for this neighborhood, Ontario, and United States.

  • Market Conditions Report - Market conditions report for this area, Ontario, and United States.

  • 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 Whitby, Oshawa, Clarington and Port Perry, Ontario mortgage payments save you on your taxes because of loan interest.

  • Should You Rent or Buy? - Is it better to rent a home in Ontario or buy your own Whitby, Oshawa, Clarington and Port Perry house, ranch, luxury property, condominium, acreage, or other real estate?

  • Adjustable Rate Mortgages - Adjustable rate Whitby, Oshawa, Clarington and Port Perry 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 Ontario real estate.

  • Ask Anything - Ask Larry Lloyd & Team anything real estate.

  • Go to Main Sitemap - Main sitemap sections include Find Whitby, Oshawa, Clarington and Port Perry Homes, For Home Buyers, For Home Sellers, Whitby, Oshawa, Clarington and Port Perry Information, Real Estate Resources, and About Larry Lloyd & Team.

 

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Real Estate Tips
Financing Your Home >Who Pays the Points

When home buyers shop for financing, they must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them.

The buyer usually pays the points. But if the offer is attractive and will give you the amount you want, paying one or more points might be a good idea. When a contract is presented, your real estate agent will go over the price and terms to help you calculate the net price you will receive. If the offer isn't strong enough or has risky contingencies, you might make a counter offer to increase your profit on the sale by eliminating the points from your selling costs or by increasing the price to help you absorb additional costs you will pay.

In some cases, buyers with limited cash may need some assistance from the sellers to make the transaction work. Your real estate agent will help you look at the total picture and the buyer's overall qualifications, so that you can make a decision based on the bottom line.

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See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is the world's most capacious building?

A 
The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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Larry  Lloyd & Team, REALTOR®, real estate agent and broker for Whitby, Oshawa, Clarington and Port Perry, Ontario home listings, property and land for sale - NUMBER1EXPERT(tm)

Larry Lloyd & Team
Coldwell Banker RMR

10 Sunray St., unit 23
Whitby, ON L1N9B5
888-472-2767
Fax: 905-430-4505
larrylloyd@NUMBER1EXPERT.com


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