Looking to buy or sell a home, condo, townhome or income property? Search everything the web has to offer on this site. Need professional real estate advice and guidance? This site is filled with information and ways that you can contact me for expert service and advice. Buying or selling--I'm here for you! You can view my active listings as well as those that have sold by clicking on "My Feature Homes" under "Find Homes" on the top of this page. You'll see pictures and Virtual Tours for each property. And you can search the MLS for all of the active listings also located under "Find Homes" on top of this page. If you want to be notified about my new listings, please sign up where you see "Latest Listings" and you'll automatically receive a message on my new listings as they come on the market. If you provide specific details on what you are looking for (area/location, bedrooms, baths, price range, etc.), I can set up a personal & private website for you that will automatically email you when a new property comes on the market that fits your needs. Also, you can sign up for my monthly video to automatically receive up-to-date real estate news. Contact me with confidence. As a top realtor in the area with over thirty years experience, I have the skills and knowledge for results. Thank you for visiting my site and I welcome the opportunity to assist you with your real estate needs. Bob Waldron
Your Real Estate Resource at Coldwell Banker
5450 Lincoln Blvd, Los Angeles, CA 90094
direct: 310-337-9225 fax: 310-641-9460
email: bob@bobwaldron.com
website: www.bobwaldron.com  |
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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Due to low business and living expenses, what areas are considered to be the fastest growing in the country?
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According to recent studies, the Southern and Western regions of the U.S. are among the nation's strongest economies. |
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- NUMBER1EXPERT™ 
