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"As my agent, Sandy exceeded all my expectations"
"Having lived in Larchmont for over 13 years, I had quite a few real estate agents among my friends and acquaintances. When my husband decided to take a position in Rochester, however, there was no question in my mind that I wanted Sandy to be my agent. I had worked with Sandy before in the League of Women voters and as co-leaders in the Girl Scouts. I knew that Sandy was very quick in thought and in action and that she worked very hard. As my agent, Sandy exceeded all my expectations. Not only did she work hard and quickly, she was indefatigable. My house in Larchmont, though lovely and desirable in many ways, was old and presented some challenging physical and legal issues. I was astonished at the speed and depth with which Sandy tackled every problem. She always knew immediately whom to contact from construction workers to the government to excellent attorneys. Best of all, Sandy was available all the time. She was firm without being pushy and was supportive and kind"
L.T., Rochester, NY
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Financing Your Home >The Language of Financing
When you meet with a lender to apply for financing, you may feel as if you are in a foreign country when the loan officer begins to talk about points, Regulation Z margins, PMI, and ARMs.
You are not alone if you feel left behind by loan terminology. Like many professionals, lenders use a highly specialized language. Don't hesitate to ask for a translation! This is especially true if you are investigating some of the more complicated loans with rates that can be adjusted periodically. As you consider the various loan options, find out what the interest rate will be and at what point the lender will commit to that rate. If the loan has an adjustable rate, be sure that you understand how often the rate will adjust, and by how much your payments may go up. Find out if the loan can be assumed by a future buyer. The lender isn't trying to confuse you. The mortgage process is complicated, so just keep asking questions until you understand.
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| Q |
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?
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| A |
Monticello, begun in 1769, was later enlarged in keeping with its classical forms. |
See More Real Estate Trivia > |
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