
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.
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. 
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.
When you first decide to look for a new home, whether you are a first time buyer, or you currently own your own Thomasville home, it is an exciting experience. Visions of perfection begin to dance in your head. Grand expectations and all of your fondest dreams begin to spring into being. But how do you balance dreams with reality so that you get what you need and maybe some of what you dream of?
Many home buyers walk into prospective Thomasville homes with an “as is” attitude. They fail to consider that the home sellers may be willing to make repairs or updates in order to get the home sold.
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Creating a home for your family, from the ground up, can be an exciting experience. But with the numerous steps involved in building a Thomasville home, and the sometimes unexpected setbacks that can plague new construction, it can also be a stressful experience.
Whether you’re looking for an investment property or a home for your family, a foreclosure might be a good deal for you. However, buying a foreclosure is different from buying a home from a seller and requires different considerations.
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If you’re in need of an appliance for your Thomasville home, you may want to buy now to save cash. The U.S. government is giving you good reasons to buy energy-efficient appliances through its
Good credit is more important than ever, if you want to get a Thomasville real estate loan. Knowing what’s on your credit report and how lenders view various aspects of your report is crucial.
Technology has improved our lives over the last ten years, but it’s also caused some problems along the way for Thomasville real estate buyers.
You’ve gotten your financing, your offer has been accepted and you just have to wait the few weeks until your closing date and your new Thomasville real estate is all yours. Nothing can go wrong, right? Wrong!