Our Sincerest Appreciation
“Lynn and I want to express our sincerest appreciation for your excellent job in selling our home. You sold for the price we needed and within the time constraints necessary to complete the purchase of our new home. This was done at a time when the real estate market was at its worst in many, many years.
It is our absolute belief that the sale of our home was due directly to your marketing techniques and sales acumen. During the time you had our listing, there were eight homes for sale in our neighborhood. Ours was the first to sell; several of those homes are still for sale today, four months after we went to agreement and two months post-settlement. “Without hesitation I commend your services to any person or family who is thinking of selling their home. Lynn and I thank you for your wonderful work.”
William D. Schroeder, Jr.
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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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What characteristics must a home have to be considered a prestigious property?
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| A |
Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person. |
 See More Real Estate Trivia > |
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Diane Sarkisian
RE/MAX Action Realty
1126 Horsham Road
Maple Glen, PA 19002
Office: 215-358-1100
Mobile: 215-872-7147
Fax: 215-358-1129
Diane@DianeSarkisian.com
Diane specializes in client/customer satisfaction. A relentless work ethic as your lifetime Real Estate Consultant, she exceeds all expectations in service and professionalism. "People do not care what you know until they know how much you care."   
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