Thursday, May 11, 2006

A Great New Web Resource for Home Buyers

Thinking of moving? You might like to check out http://www.bestplaces.net. This website has proved helpful for many of my buyers. With the tools on this website, you can compare schools, cities, crime rates, climate and even differences in cost of living between communities.

This site gives you a good "big picture" overview. If you’re ready to talk about specifics, feel free to give me a call at 636-391-9997 or shoot me an e-mail at RTNolting@NoltingRealEstate.com. I’ll be happy to answer any question you may have. Also, check out the links to local St. Louis resources on my site http://www.whystlouis.net.

A new loan program

I am fascinated by this new loan program. It allows you to directly deposit your paycheck to your mortgage holder. This money immediately reduces your principal balance. You can then spend your paycheck throughout the month as if you were using your traditional checking account.

The advantage? Your interest for the mortgage is calculated based on your average daily balance. Therefore, interest will be less because your paycheck will reduce your average daily balance.

For more info, call me at 636.391.9997 or email me at RTNolting@NoltingRealEstate.com. You can also click the following link: Home Ownership Accelerator.