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Welcome to Cathy Fifield Team'sAuburn, Poland and Lewiston Real Estate Website

Welcome! Here You Can Find Great Information on Auburn, Poland and Lewiston, Maine Real Estate

Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes.

Need local real estate information? We've summarized much of what is important about the Auburn, Poland and Lewiston real estate market in this site.

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Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible.

Buying and selling a home is one of the biggest events in your life. As top Auburn, Poland and Lewiston real estate agents, we have the experience and track record you are looking for. Please let us help.

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School Reports in Auburn, Poland and Lewiston, Maine

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First Time Buyers >The Down Payment

Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows.

If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest.

When you buy a home with a low down payment, you will have more tax deductible interest, and your investment value percentage will increase faster. You will have little equity at the outset, and your monthly mortgage payments (and perhaps your interest) will be higher. However, you will also keep more of your own money in hand to potentially earn more interest in other investments.

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Q	What vast and beautiful territory is named with an Indian word meaning "Big Village"?
A	Canada
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Cathy Fifield Team, REALTOR®, real estate agent and broker for Auburn, Poland and Lewiston, Maine home listings, property and land for sale - NUMBER1EXPERT(tm)

Cathy Fifield Team
Keller Williams Realty Mid Maine
34 Center St.
Auburn, ME 04210
207-689-9851
Fax: 207-689-9801
cathyfifield@NUMBER1EXPERT.com

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