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"Prompt, very courteous... did the extra things...
"Just a quick note to express our appreciation of the great job Debbie Wyrsch-Williams did on our recent purchase in The Springs in Green Valley AZ. She is knowledgeable on al lthe steps on buying and made our purchase very easy transaction all the way from showing the home to closing. She kept us informed all the way and was always available to answer all our questions. Verp prompt, very courteous and seemed to do the extra things along the way (Pictures of the house and info on lenders) Thanks for all your great help."
"J & K Lopez" Buyers
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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 |
What house is considered to be the first house with running water in America?
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| A |
John Headly's home built in Newport, RI in 1723, was equipped with an underground pipe from the nearby spring.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
