When you look for a mortgage, you want to find one that allows you to buy the biggest house possible for a monthly payment you can afford. This seems simple enough. All you need to do is a little division to determine your monthly payment.
Unfortunately, this isn’t the entire picture of your monthly mortgage payment, and lenders don’t always explain this to you. Here are three things you need to know about your monthly mortgage payment for your new Thomasville home:
1. Interest and Principal. Only part of your monthly mortgage payment actually pays down your loan. A portion of your mortgage payment goes toward your loan principal and part of it pays the interest. The longer you have your loan, the more money goes toward your principal. Be aware that at the beginning of your loan term, most of your payment goes toward interest and does little to reduce the amount of money you owe on your home.
2. Homeowner’s Insurance and PMI. Typically, your lender collects money to pay your homeowner’s insurance premium. This increases the amount of your monthly payment and can change if your insurance company raises or lowers premiums. Depending on your loan amount and property value, you may also have to pay private mortgage insurance (PMI) which protects a lender against loss if you default on your loan.
3. Property Taxes. In most cases, your annual property taxes will be paid through your lender. The lender collects extra money each month that they pay to your local government at the end of the year. When local taxes increase or decrease, so does your payment.
Call First Thomasville Realty today at 229-226-6515 or email us at info@FTRealty.com to help you find the home (and mortgage provider) of your dreams.
It’s true. There are a lot of parallels between buying a piece of Thomasville real estate and running a marathon.
If you have never purchased a home before, you may not yet recognize how crucial it is to acquire the services of a professional Thomasville real estate agent.
A past filing of 
Rejection is a hard thing to face in life, whether it’s from a potential client, a potential boss or a potential home seller. As a Thomasville home buyer, your stress level might be reduced if you’re aware of some of the reasons a seller may reject your offer.
We, meaning the real estate industry, say, “It’s a buyer’s market!” Buyers think that means that deals are available out in the big wide world of Thomasville homes for sale. Although that’s true, it’s not the whole truth. The whole truth is that money pits, bad deals and half-hearted sellers still exist. Without careful consideration, you may not get the deal you expected.
If you’re in the middle of buying Thomasville real estate, for which you’re hoping to get a Homebuyer Tax Credit of up to $8,000, you have more time to finalize it. 
Unexplained headaches and nausea, getting sick more often than normal, showing signs of allergies that have never been there before – your Thomasville home may be making you sick. 
The National Association of Realtors® today commended Congress for timely passage of two bills to 
You’ve finally decided that, yes, you can afford to buy a Thomasville home. After years of frugal saving, hard work and patient waiting, the timing is great. You don’t want to wait anymore, so you rush out and start looking for homes. It is, after all, a buyer’s market, and you’re a buyer. 
We’re all trying to live greener lives, but nothing zaps your energy or your will to live greener in your Thomasville home like summer heat.
Let’s face it. A lot of people like the idea of the easy lifestyle condos in Thomasville provide. While there are a multitude of positive reasons to buy a condo, many people are so glamorized by the idea that they fail to make sure condos fit their needs. 
Some potential homeowners just don’t want a pre-lived in Thomasville home. They’d rather have their house built to their own specifications. They want a home that fits their needs exactly. If this is you, don’t worry; we understand. However, if you want to build a new home, take a good look at the future before you decide on a design. 
While many homes that haven’t sold are being rented instead, some that have been rented out are now up for sale. So what do you do if the house you’re renting becomes a Thomasville home for sale? 
If you’ve been looking at your finances to see if you can afford a Thomasville home for sale, or a home in any area for that matter, a 
When you buy Thomasville real estate, the real estate attorney will search the public land records to make sure the seller is the legal owner of the property. If the attorney finds a problem like an incorrect deed or a lien on the property, it can be fixed before closing. Most people don’t run into title problems after they buy a home, but it does happen. This is why you should have title insurance.
No one wishes to pay more than they have to for Thomasville real estate. After all, investment potential is one of the best benefits of home ownership. You intend your residence to go up in value while you own it. The less you give for your home, the more you stand to earn from it. Here are a few hints meant for getting the best possible transaction on your home.
Never before has the job of specialists in the world of real estate been more essential. With buyers and sellers requiring more services, the business has seen an explosion of real estate agents who focus in either the representation of sellers or buyers. These specialist real estate agents can offer a wide range of services and preserve a complete independence all through the sales process as there is just one buyer to concern them.
When you begin your search for the perfect house it usually starts with a search for the perfect Thomasville real estate agent. A good agent can help you with every aspect of buying a home.