|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: Direct 804-591-3872 or Main Office 804-262-2611.
|
Get Free Presentation On My Home Marketing.
Before signing a contract with any Realtor, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
Linda R. King is one of The Top
Selling Real Estate Experts™
Find Out More > |
|
|
 |
|
The Best Richmond,
Glen Allen and Ashland Web Sites |
|
CITY
GUIDES |
TRANSPORTATION |
|
|
|
|
LOCAL
GOVERNMENT |
LOCAL BUSINESS AND
ECONOMY |
|
|
|
|
HEALTHCARE |
|
|
|
|
|
Richmond, Glen Allen and Ashland Area Maps & Useful Local Web Sites Request my Free Richmond, Glen Allen and Ashland Relocation Package. It's packed full of useful and important information about the Richmond, Glen Allen and Ashland, Virginia area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... Are you new to the area? Request my FREE Richmond, Glen Allen and Ashland package of relocation information. It's my job to help! There's no obligation, and I promise to respond quickly... 
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.
|
| Q |
Which city in the U.S. has the longest formal name, but the shortest abbreviated name?
|
| A |
El Pueblo de Nuestra Senora la Reina de los Angeles de la Porciuncula is the full name for Los Angeles, known as "LA". |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
