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Feature Property - 0 Dawes Lane E, #1

$95,000

Photo of 0 Dawes Lane E #1, Mobile, AL, 36695.

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Address: 0 Dawes Lane E #1	City/ST: Mobile, AL	Zip Code: 36695
Location: Perkins	Property Type: Land	New or Resale: New
MLS# 160598

Can be purchased with lot 2 for 210+ road frontage.

Last Updated: 7/20/2007 4:45:40 PM

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Real Estate Tips

Financing Your Home >Your Mortgage

Many homeowners overlook the mortgage payment as a tool for financial management. They get the mortgage, move in, make the payments, and pay off the loan eventually. Smart homeowners know that by properly adding to their monthly payments, even by a small amount, they can substantially reduce the term of their loan, not to mention the total interest they will pay. In fact, prepaying one full year of a standard mortgage can save thousands of dollars in interest. The key is to do it properly and to find the right lender for whom prepayment is not a problem.

More progressive lenders allow the option to add money to the monthly payment which goes directly to the principal. How much should you add? It's largely a personal decision, and it depends on your cash flow. But be mindful of the fact that the mortgage interest rate is probably the lowest interest loan you will find, so don't short yourself with prepayment only to run up credit card debt!

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Real Estate Trivia

Q	What does the term Curb Appeal mean?
A	This term describes how homes look from the street; this first impression is very important to prospective homebuyers.
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The Charles Hayes Team, REALTOR�, real estate agent and broker for Mobile, Grand Bay, Irvington, Theodore, Tillmans Corner, Saraland, and Semmes, Alabama home listings, property and land for sale - NUMBER1EXPERT

The Charles Hayes Team
Coldwell Banker, Charles Hayes Real Estate, Inc.
1120 Hillcrest Road
Mobile, AL. 36695
251-633-6300
251-421-7070
Fax: 251-633-6679
Email: charleshayes@NUMBER1EXPERT.com
Charles E. Hayes wants to be your real estate agent! With over thirty years in the real estate industry, he has extensive knowledge of the real estate market in the area, and he works with both buyers and sellers. Charles specializes in new home construction. He also has two full-time assistants who are also Realtors and a closing agent to help you. Having his team work for you makes buying or selling your new home nearly effortless. Call or email him today!!!

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