Malbis, Daphne, Spanish Fort & Fairhope, The Eastern Shore and Baldwin County real estate and homes for sale in Alabama - Michelle Beckham, REALTOR®

 

Malbis Home for SaleFind a New Home
or Land to Build On!
Malbis, Spanish Fort, Loxley, or Fairhope on Alabama's Eastern Shore

Michelle Beckham will search for your ideal home and email you the newest Malbis, Eastern Shore and Baldwin County MLS listings of properties

Homes for Sale in MalbisLatest Listings: Get Michelle Beckham's latest Malbis, Eastern Shore and Baldwin County listings of homes for sale first! Join our e-mail announcement list & be the first to find out!

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First Time Homebuyers: Are you a first time homebuyer in Malbis, Eastern Shore and Baldwin County, AL? As a top Realtor, Michelle Beckham can guide your home buying search

Mortgage Prequalification: Michelle can guide you throught the Pre-qualify process for a mortgage or loan for your Malbis, Eastern Shore and Baldwin County house or other real estate property.

Helpful Online Calculators
To analyze your financial position related to obtaining a mortgage, click on one of the listed calculators.

How Much Can I Afford?
The Maximum Loan Calculator estimates the amount of money you can borrow based on your income and debt.

Rent vs. Buy Calculator
The Rent vs. Buy Calculator estimates the payment and tax savings you would have by owning your own home.

Monthly Cost Calculator
The Monthly Cost Calculator determines the monthly payment for any type of loan.

"Should I Refinance?" Calculator
Enter information about your current loan and the new loan you're thinking of taking, and we'll calculate your savings.

Glossary of Mortgage Terms
Learn about the terms used when planning your next home loan.

Learning Center
I'm buying my first home. Get information and tools for beginners.
I'm buying my next home. Learn more about moving on to your next home or buying a second home.

Find answers to your Questions:

> What can I afford to buy? Answer

> Do I have enough money to buy my first home? Answer

> What about my less-than-perfect credit report? Answer

> What's the best loan program for me? Answer

> What are the tax benefits to owning a home? Answer

> What do I need to know about the mortgage loan process? Answer

> What can I expect after I become a homeowner? Answer

Let ERAClass.com & Michelle Beckham find you a new home in Malbis, Daphne, Spanish Fort, Loxley, or Fairhope, Alabama

Michelle Beckham
Licensed Real Estate Agent

E-mail:
michelle.beckham@eraclass.com

Telephone:
(251) 709-4558


Questions for first-time home buyers:

Q: What can I afford to buy?
Answer: Each buyer is unique — and we'll help you find out just what you can afford. Your income and your debts will typically play the biggest roles in determining your price range. It's simple to make an estimate, just run the numbers for yourself using our Affordability Calculator.

Q: Do I have enough money to buy my first home?
Answer: We offer a range of mortgage programs, and we'll help you determine which can work for you — some of our loans require little money down. You'll also need to consider closing costs and the escrow account for taxes and insurance. But don't get overwhelmed: it's a snap to figure out how much money you'll need, using our handy Affordability Calculator.

Q: What about my less-than-perfect credit report?
Answer: Our special solutions program can help:

  • We offer loan options ideal for those who have a few "dings" on their credit report.
  • We try to work with every customer to develop an individual mortgage program - we call it your personalized rate, because no two are alike.

So we try to develop a custom program based on your credit worthiness.

Q: What's the best loan program for me?
Answer: That depends on a number of factors, including:

  • How long you'll stay in the home;
  • How much money you'll put down;
  • How you'll finance the closing costs.

For information on the loan programs and rates available, just visit Loan Programs.

Q: What are the tax benefits to owning a home?
Answer: You may be able to deduct the interest you pay on the mortgage loan and some of the financing costs of the home, such as points. And your property taxes could be deductible. You should consult your tax advisor for more information. If you're renting right now, you may want to take a look at our Rent vs. Buy Calculator.

Q: What do I need to know about the mortgage loan process?
Answer: Just this — you've come to the right place for a loan process that's fast, clear, and even fun! We've worked hard to simplify the process and provide the best loan experience anywhere, online or off. Too good to be true? Not at all. Click here to find out How We Do It.

Q: What can I expect after I become a homeowner?
Answer: Besides unpacking boxes? You can expect that we'll continue to provide first-rate support and service. Go online anytime to monitor your loan activity, like principal, escrow, and taxes. And of course, we're always here to help: contact us by email or by phone.

Questions for Repeat/Experienced Buyers:

Q: I want to move up to a better home. What can I afford?
Answer: Each buyer is unique — and we'll help you find out just what you can afford. You already know that monthly income and financial obligations are most important in determining your price range. It's simple to make an estimate: just run the numbers for yourself using our Affordability Calculator.

Q: I'm buying a second home. Is it a different process?
Answer: No. Whether you need to be near the water or in the mountains, a vacation home offers an opportunity for fun and relaxation — and we make it just as easy to obtain a mortgage. But keep in mind you'll need to identify sources for your down payment, since you're not selling your current house and using the proceeds, and you'll need to expect a larger monthly obligation for housing expenses. We'll work with you to create a customized loan program with the best combination of rate, points, and closing costs for your needs — we call it our personalized rate because no two are alike!

Q: What about my less-than-perfect credit report?
Answer: Our special solutions program can help:

  • We offer loan options ideal for those who have a few "dings" on their credit report.
  • We try to work with every customer to develop an individual mortgage program - we call it your personalized rate, because no two are alike.

So we try to develop a custom program based on your credit worthiness.

Q: Will I need an appraisal on my new home?
Answer: Not necessarily. You may qualify for a more streamlined loan process. We can look at your credit history and consult our property assessment model to determine if we can complete your loan application without an appraisal.

Q: Do I have to pay Private Mortgage Insurance (PMI)?
Answer: Our loan programs for down payments of 20% or less do not require you to purchase Private Mortgage Insurance (PMI). Instead, we have a Low Down Payment Rate Adjustment that is added to the interest rate. In most cases, it will cost less than PMI and, if you itemize deductions on your taxes, this may provide you with an additional tax deduction opportunity. Please consult your tax advisor.

Q: What if I don't sell my current house?
Answer: You may qualify for a new loan without even selling your current home. We'll help you determine what might work for you. It's simple to run the numbers for yourself on our handy Affordability Calculator. You may also want to discuss a bridge loan — give us a call at (251) 709-4558.

Q: What if I'm building a home?
Answer: If you are working with a builder within a sub-division or development and just making carpeting, lighting and appliance selections for a brand-new home, you can probably obtain a standard mortgage loan. But if you're hiring contractors, electricians, plumbers, and painters, you probably need a construction loan, which provides funds to pay subcontractors as work progresses. For more information on construction loans, give us a call at (251) 709-4558.

 

 

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Call Today for Assistance Buying/Selling a Home in the Malbis Area: (251) 709-4558
Michelle Beckham
, Licensed Associate Broker, ERA Platinum Properties