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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 
Where is the world's oldest pyramid?

A 
The oldest pyramid is the Third Pyramid of Mycerinus is at El Gizeh, Egypt; it has the largest single block weighing 320 tons.
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The Chris Knight Team, REALTOR®, real estate agent and broker for Plymouth, Canton and Northville, Michigan home listings, property and land for sale - NUMBER1EXPERT™

The Chris Knight Team
Coldwell Banker Weir Manuel

177 N. Main Street Suite 100
Plymouth, MI 48170
Direct Line: 734-738-2958
Fax: 734-453-3245
chrisknight@NUMBER1EXPERT.com

Why Choose Chris Knight

Chris Knight of The Knight-Matt Team of Coldwell Banker Weir Manuel in Plymouth, has been named the #1 Team in the Nation for Coldwell Banker.

Over the years, Chris has consistently earned the "Circle of Excellence," "Top Sales Associate," "President's Top 30," and "Founder's" awards from his company

Chris began his career 27 years ago and now virtually 100 percent of his business is based on referrals and repeat customers.

Chris has always had a strong work ethic and keen entrepreneurial sense. He now employs a full-time office staff to handle administrative duties. This allows him to maintain frequent personal contact with his clients, keeping them apprised of his efforts, new listings, and potential buyers.

More importantly, Chris always looks after his clients from an investment standpoint. "I like to make sure my clients get a good value so when they're ready to sell the house years later, it will have been a good investment for them," he explains.

Chris is a native of the Plymouth area, currently residing in Plymouth Township with his wife Sue and their daughters, Kylie and Alyssa.



The Knight-Matt Team is the #1 Team in the Nation for Coldwell Banker!

Why Do Some Real Estate Agents Outsell Others 8 to 1?

They negotiate the best deals, list the best homes, have the biggest network of buyers looking for homes, and market properties more effectively, both on the web and off. That's why people come back to them again and again. That's why they sell more homes! They are proven winners - and people know it.

How good is YOUR agent? The Chris Knight Team:

  • Helped people buy and sell a staggering 482 properties in 2010! That's a home or property bought or sold every 16 hours.
  • Had over $80 Million in total sales volume for 2010.
  • Has more than 27 years experience in real estate.
  • Employs a team of 2 full-time administrative assistants and five buyers agents dedicated to helping people buy and sell homes.

For more information please visit www.NUMBER1EXPERT.com.

MLS REALTOR Equal Housing


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