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Joel and Connie Gravina are some of The Top Selling Real Estate Experts™
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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 Lake Wallenpaupack, Pocono Mountains and Hawley area REALTORS®, it's our job to know more about a property than any web site. Make sure you have the most current information!
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 is the only land in the world that has not been walked on by human feet?
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A small 200 square-mile section of Antarctica is the only terrain on Earth that not one person has stepped foot on.
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 See More Real Estate Trivia > |
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Joel and Connie Gravina
Century 21 Select Group
1256 Route 507, Suite #1
Greentown, PA 18426
Toll Free: 800-227-1233
Phone: 570-226-1755
Cell: 570-241-4674
Fax: 570-226-4460
Email: jcgravina@NUMBER1EXPERT.com
We are the Lake Wallenpaupack Specialists for Pike and Wayne Counties. Our team of professionals takes pride in representing recreational properties, fine homes, estates and commercial properties in the Lake Region.   
  866-744-1776
www.WallenpaupackProperties.com
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NUMBER1EXPERT in real estate for Lake Wallenpaupack, Pocono Mountains and Hawley, Pennsylvania
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