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Set up AUTOMATIC SEARCH SAVER right here of ALL HOMES featuring MAP TRACKS!
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Request Our Free Relocation Package! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate! Find Out More > View All Offers >
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Your team exceeded all my expectations! "I have never met a more competent and professional team!" Don Sirianni, formerly Oreland Read Quote > View All Quotes >
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The Ron and Carol Young Team are
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"We will definitely use Ron and Carol again!"
"Unwittingly, we put our home on the market at what turned out to be the worst real estate market in our memory. In spite of this fact, with the high degree of professionalism shown by the Ron and Carol Team, we were able to sell our home in an amount of time that is considered normal for Oreland. Not only were the Youngs professional, but their high tech internet capabilities put the best “face” on our home in a way that prospects could see our property’s strengths from the comfort of their own homes. In the event we need to market our new property we will definitely use the Ron and Carol Team and I will advise others who ask to do the same!
Norm & Lena Bitterman, formerly Oreland
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Financing Your Home >Convertible ARMs
Many lenders are offering a type of Adjustable Rate Mortgage which will allow the buyers to convert their ARM to a fixed-rate mortgage without the expense of refinancing. There are several variations of this type of loan, so you should be informed about the various options before you decide on a loan.
Each lender places restrictions on when the ARM can be converted to a fixed-rate loan. Some allow a conversion after the first year of the mortgage, while others allow a change only on the rate adjustment dates. There is usually a fee for converting the mortgage, but it is much less than the cost of refinancing. The rate that you will pay after the conversion may be slightly higher than the going rate for fixed-rate mortgages. A real estate agent can provide you with a list of lenders who offer convertible ARMs, so that you can shop for the one that is best for you.
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| Q |
Who is considered the world's most renowned living architect?
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| A |
I.M. Pei who retired in 1991; he earned this status after designing the glass pyramid entrance pavilion to the Louvre in Paris (1989). |
See More Real Estate Trivia > |
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 This
information has been reprinted from the Economic and Market Watch Report with
permission from TREND.
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All rights reserved. All information deemed reliable but not guaranteed.
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