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"Great Marketing"
"Thank you Lisa for your professional approach and great marketing techniques, which not only led to a quick sale but allowed us to participate and work closely with you and your team. All preparation and your designers input helped to prepare a knock-out virtual tour to bring visitors in our home to be just as pleasantly surprised of model-home like looks! All hard work you and your team invested in selling our home has come to fruition with multiple offers on the table and a late night "battle" to the finish line! Your office worked closely with my wife to consider our son's daily activities and schedule showings around it. We are delighted to have chosen you and yoru cmopany Keller Williams Relty to sell our home. We Found New Friends!
GPR
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Financing Your Home >Watch Your ARMs Length
Most buyers know that first-year interest on Adjustable Rate Mortgages (ARMs) is typically lower than the interest on available fixed-rate mortgages. This makes ARMs easier to qualify for, but also requires that borrowers have some understanding about how such loans work, because there are significant details associated with the low first-year rate.
First, check to see how long the low rates offered on the ARM are guaranteed. After that period of time, the rates can go up two points a year to a typical rate cap of six points over the life of the loan. Lenders will usually require borrowers to qualify for a mortgage loan that is several percentage points above the actual initial rate charged on the ARM. This is intended to keep borrowers from becoming overburdened by debt. Some lenders may charge special fees or caps which can increase the cost of the loan. If you think that an ARM may work for you, it is a good idea to shop around.
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| Q |
On what famous American street can you find the most expensive retail space for rent anywhere in the world?
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| A |
Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot. |
See More Real Estate Trivia > |
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