Listing Details: Springfield, Longmeadow and East Longmeadow, Massachusetts Real Estate Listings & Homes For Sale Provided by Lori Cotter

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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 20 of 43 Selections

One of A Kind

$1,200,000

Front

Address: 1229 South Branch Parkway	City/ST: Springfield, MA	Zip Code: 01129
Location: Springfield - 16 acres	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 9000	Bedrooms: 5	Bathrooms: 4 full, 1 half
MLS# 70795061	Property Tax: 10399

EXCEPTIONAL HOME! TOO MANY FEATURES to list.Spectacular views from walls of glass overlooking the Waterfront, Inground pool & gazebo. Quality thru-out. 3 decks + 2 story atrium; hobby rm; sauna rm; tanning. This offering is for the disciminating Buyer who will appreciate its many unique features.Very modern lines, Dining rm w/marble flooring. Room for extended family in Bonus 5 Room attached apart. with 2.5 baths. All City amenities yet privacy abounds + Xtra .78AC lot included in price.

Listing Agent and Office: Elizabeth Grimaldi, Grimaldi & Burzdak, Rltrs, Inc

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Front
Pool
Living Area
Recreational space
Family Room
Sun Room
Dining Room
Casual Dining
Living Space
Bedroom 1
Lounge
Bath
Bedroom 2
Bedroom 3
Back View

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East Longmeadow Real Estate

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Financing Your Home >The Margin on an ARM

When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.

Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.

If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.

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Q	What does the common acronym FSBO (pronounced fizzbo) stand for?
A	For Sale By Owner. (Between 85 to 95% of existing homes are sold with a Realtor's help.)
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Lori Cotter, REALTOR�, real estate agent and broker for Springfield, Longmeadow and East Longmeadow, Massachusetts home listings, property and land for sale - NUMBER1EXPERT

Lori Cotter
Coldwell Banker Residential Brokerage
55 N Main St.
East Longmeadow, MA 01028
413-348-9259
Fax: 413-525-1288
lori.Cotter@NeMoves.com
Buying and selling your home involves some of the most important decisions that your family will ever make. My goal is to provide you with the best tools possible so that you are well informed and confident. I am a Top Producing Real Estate Agent with Masters Degrees in Finance and Accounting and certifications in Relocation and Negotiating. I will guarantee that you are receiving the best guidance possible. Let's make your Real Estate dreams come true!

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