Sisters, Sunriver and Bend real estate and homes for sale in Oregon, new construction, luxury homes - Debbie Tebbs, REALTORS® Debbie Tebbs REALTORS(r) for Sisters, Sunriver and Bend, Oregon real estate, new construction, luxury homes - NUMBER1EXPERTS™ Debbie Tebbs NUMBER1EXPERTS(tm) for Sisters, Sunriver and Bend, Oregon real estate, new construction, luxury homes
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Debbie Tebbs, REALTOR®, real estate agents and broker for Sisters, Sunriver and Bend Oregon 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. 

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Real Estate Tips
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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Real Estate Trivia
Q 
Where is the world's longest spiral staircase?

A 
The White County Coal Mine in Carmi, Illinois has a spiral staircase that measures 1,103 feet and has 1,520 steps.
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Debbie Tebbs, REALTOR®, real estate agents and broker for Sisters, Sunriver and Bend Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Cushman & Tebbs Sotheby's International Realty
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

650 SW Bond St. Suite 100
Bend, OR. 97702
Office 541.383.7600
Toll Free: 800.382.7690
Fax: 541.383.3940
Email: infocentraloregon@sothebysrealty.com

Cushman & Tebbs Sotheby’s International Realty was formed under the strong leadership of Cate Cushman and Debbie Tebbs. In 2006, our firm was awarded an affiliation with the prestigious Sotheby’s International Realty® brand which was built on a 260-year reputation and foundation of excellence, and offers unparalleled access to the world’s most distinctive properties through its global affiliates. Our relationship with this premier brand affirms our commitment toward providing you a superior level of service, marketing and expertise in Oregon and around the world.

Equal Housing MLS REALTOR


Cushman & Tebbs Sotheby's International Realty real estate and homes for sale in Sisters, Sunriver and Bend Oregon

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