Auburn, Lewiston and Turner real estate and homes for sale in Maine - Sue Meservier, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
Contact Information
Email Sue Meservier
Login
Go To Sitemap
Sue Meservier

Feature Properties
Search All Local Listings

All agents are NOT alike! Find out why we are top real estate experts. Call us: 207-784-2525.
Special Offers
Request Our Free Relocation Package!
Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
Find Out More >
View All Offers >

Testimonials
Linda Smith
"Within two weeks of listing our property we had a signed contract..."
Linda Smith - Lisbon, Maine
Read Quote >
View All Quotes >

TripleCalc
Compare three mortgages at one time. Download TripleCalc now. It's free.


Real Estate - Homes - NUMBER1EXPERTS Sell More!
Sue Meservier is one of The Top Selling Real Estate Experts™
Find Out More >


School Reports
See the nation's top rated reports for Schools in Auburn, Lewiston and Turner >


Latest Listings
Get the Latest Listings Before Anyone Else!
As soon as we list another home for sale, we'll email you. You'll know first.
Name:
Email:
Affiliates
Residential Mortgage Services
Residential Mortgage Services is a full-service mortgage banker and we offer a...
Find Out More >
View All Affiliates >

Latest News
Get the Latest Real Estate News, Hot Off the Presses!
If you are buying or selling a home, you need our eNewsletter.
Name:
Email:
Ask Anything
Welcome > Resources > Ask Anything ...

Do You Have a Real Estate Related Question? We Will Email You an Answer Quickly. 

As Auburn, Lewiston and Turner real estate experts, it's our job to help! Please take advantage of our experience and knowledge. 

Ask us anything about: 

- Any particular home that is or was on the market. 

- Neighborhoods and local market trends. 

- Local demographics and the economy. 

- Tricks and traps when buying real estate in this area. 

- Special tax considerations regarding real estate. 

- Specific questions about contracts, escrow, and closings. 

- Anything real estate! 

It's our job to know EVERYTHING about real estate! Ask us anything. There are no dumb questions! It's FREE, and we promise to get back to you quickly... 

About You
* Your Name:
* Your Email Address:
Your Street Address:
City:
State/Province:
Country:
Zip/Postal Code:
Phone:

Additional Info
Ask Your
Question Here!
Send Latest Listings: What is this?
Send Latest News: What is this?

*Please note that fields marked with an asterisk are required.


Email With Confidence
Quick Response Guarantee >
Your Privacy Is Guaranteed >
Free & Without Obligation >


School Reports in Auburn, Lewiston and Turner, Maine
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
- America's Best School Profiles by
The Heritage Foundation

Maine Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Auburn, Lewiston and Turner 



Real Estate Tips
Financing Your Home >ARMs

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.

Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.

See All Tips In The "Financing Your Home" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is a Balloon Mortgage?

A 
A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
See More Real Estate Trivia >


Print This Page Send To A Friend


Sue Meservier, REALTOR®, real estate agent and broker for Auburn, Lewiston and Turner, Maine home listings, property and land for sale - NUMBER1EXPERT

Sue Meservier
Meservier & Associates

Keller Williams Realty Mid Maine
34 Center Street
Auburn, ME 04210
Office: 207-784-2525
Fax: 207-689-9801
Cell: 207-576-5488
suemeservier@NUMBER1EXPERT.com
sue@meservier.com

"Today's Real Estate Professionals, Opening New Doors"


www.Meservier.com is brought to you by Sue Meservier
NUMBER1EXPERT in real estate for Auburn, Lewiston and Turner, Maine

Read Sue Meservier's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge



USA and Canada Real Estate - NUMBER1EXPERT
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.

www.Meservier.com is brought to you by Sue Meservier