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Jim Stevenson, REALTORŪ, real estate agents and broker for Orlando, Longwood and Seminole County Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
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It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. 

The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. 

When you click on any link above, you'll see your chosen site, along with a form at the bottom of your screen. Use this form to request our quick Status Report on any homes or other real estate that interests you. It's free and without obligation. 

Remember: As top Orlando, Longwood and Seminole County area Realtors, it's our job to know more about a property than any web site. Make sure you have the most current information! 

 



Real Estate Tips
Financing Your Home >The Margin on an ARM

When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.

Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.

If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.

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Real Estate Trivia
Q 
What was the longest distance a building has ever been moved?

A 
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.
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Jim Stevenson, REALTORŪ, real estate agents and broker for Orlando, Longwood and Seminole County Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim Stevenson
Realty Executives Orlando

2015 West SR 434
Longwood, FL. 32779
Phone: 407-617-9390
Toll Free: 800-600-1178
Fax: 407-478-2071
Email: Jim@JimStevenson.com

As the preeminent real estate professionals in our community, We are dedicated to providing the finest service available while breaking new ground. Because the real estate industry is becoming more sophisticated and challenging every day, you need professionals that understand the industry and are positioned to stay ahead of the game. We go the extra mile to help you achieve your goals. That's why we constantly research the market and property values so your home is priced effectively from day one. We also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers.


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