Palm Springs, Palm Desert and Rancho Mirage real estate and homes for sale in California, relocation and investors, palm , desert, rancho, real, rancho mirage California, rancho mirage, betty Kerr - Betty Kerr, REALTOR® Betty Kerr REALTOR(r) for Palm Springs, Palm Desert and Rancho Mirage, California real estate, relocation and investors - NUMBER1EXPERT™ Betty Kerr NUMBER1EXPERT(tm) for Palm Springs, Palm Desert and Rancho Mirage, California real estate, relocation and investors
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Betty Kerr, REALTORŪ, real estate agent and broker for Palm Springs, Palm Desert and Rancho Mirage California home listings, property and land for sale - NUMBER1EXPERT(tm)
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First Time Homebuyers: Palm Springs, Palm Desert and Rancho Mirage California home buying, real estate listings, and homes for sale in California                         County, CA
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Buying Your First Home? Realtors Are Your Professional Guides. Make Sure You Choose a Top Expert.
 

You might be a bit afraid or intimidated by the whole process of buying your first home. As a top Palm Springs, Palm Desert and Rancho Mirage real estate expert, it's my job to guide you, from beginning to end. 

I will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

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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
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What is the most common name for a city in the United States?

A 
Fairview is the most common city name, according to the 1996 Top Ten of Everything Book.
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Betty Kerr, REALTORŪ, real estate agent and broker for Palm Springs, Palm Desert and Rancho Mirage California home listings, property and land for sale - NUMBER1EXPERT(tm)

Betty Kerr
RE/MAX Real Estate Consultants

501 South Palm Canyon Drive Palm Springs CA 92264
www.BettyKerr.Com
Toll Free: (866) 764-7698
Cellular: (760) 250-9326
Fax: (760) 674-3715
E-Mail: BettyKerr@TopProducer.Com

I can handle the most complicated transaction. I work FULL-TIME at my profession. You can always reach me easily and can be assured of a quick, helpful response. You'd be hard pressured to find a REALTOR with a more enthusiastic or positive attitude. I love what I do and let it show. Having people trust me with their single largest asset is a responsibility I take very seriously. I will give you 110% because I know that my success is your satisfaction. While past results may not be the only measure of success when it comes to referring your friends and family, can you think of anything more reassuring to go by?

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