Mentor, Concord and Painesville Township real estate and homes for sale in Ohio - The Crockett Team, REALTOR® The Crockett Team REALTOR(r) for Mentor, Concord and Painesville Township, Ohio real estate - NUMBER1EXPERT™ The Crockett Team NUMBER1EXPERT(tm) for Mentor, Concord and Painesville Township, Ohio real estate

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The Crockett Team, REALTORŪ, real estate agent and broker for Mentor, Concord and Painesville Township Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)
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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!
 

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 Mentor, Concord and Painesville Township 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 famous writer's home is Rowan Oak?

A 
Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962.
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The Crockett Team, REALTORŪ, real estate agent and broker for Mentor, Concord and Painesville Township Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)

The Crockett Team
Howard Hanna Smythe Cramer Realtors

8804 Mentor Avenue
Mentor, OH. 44060
Phone: 440-974-7444
Toll Free: 800-955-SOLD (7653)
Fax: 440-974-7440
Email: Service@TheCrockettTeam.com

The Crockett Team is Lake and Geauga County's leading full service Realtor team whose business success is based on a results oriented team approach. This dedication to service has resulted in The Crockett Team being honored by Realtor Magazine as the Top 100 Realtors out of over 1 Million Realtors in the USA. The Crockett Team gets results!

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