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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 904-463-1692.
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Flo Bliss, REALTOR® is one of The Top
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Flo Bliss, REALTOR strives to provide a professional and ethical real estate experience that inspires referrals as well as draws clients back again and again. Over 10 years providing both buyer and seller services in Northeast Florida's residential real estate market, her loyal clients have made her business a success. Flo has a long family history in real estate - the logo she uses, with the motto "Fine Homes a Specialty," is the same one her great grandfather designed as a builder in Atlanta in 1908. Flo's background includes teaching and computer science degrees, so helping clients is not only extremely rewarding to her, but almost second-nature. Twelve years at NCR and over 10 as a REALTOR have taught Flo that customer satisfaction is the most important aspect of a sales career. Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Hybrids Offer Low Rates In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.
Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.
Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.
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| Q |
What home is the best example of colonial architecture in homes designed to "grow" as the family grew?
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| A |
The House of the Seven Gables in Salem, MA, that was the model for Nathaniel Hawthorne's novel of the same name. |
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