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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 956-761-1400.

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Welcome > Local Info > Relocating? ...

Request My Free Relocation Package. Don't Move To South Padre Island, Port Isabel and Laguna Vista Without It! 

Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate to and from the South Padre Island, Port Isabel and Laguna Vista, Texas area. 

If you will be moving to the South Padre Island, Port Isabel and Laguna Vista area, we can correspond by email and phone. Together, we'll determine what type of home, price range, and neighborhoods you are interested in. I'll send you every home or property that is currently available that matches your criteria. 

When you visit, I'll be ready! We will visit the South Padre Island, Port Isabel and Laguna Vista neighborhoods and homes that interest you the most. 

In addition, we can talk about schools, sub-divisions, local market conditions, local culture... anything that is important to you. 

Remember: As a top South Padre Island, Port Isabel and Laguna Vista real estate agent, it's my job to know this area inside and out, and I want to make your transition as smooth as possible. 

To get started, fill out the form to request my FREE South Padre Island, Port Isabel and Laguna Vista, Texas Relocation Package. I'll send it right out. It's full of useful and important information about this area. You are under no obligation, so you can't go wrong... 

Are you new to the area? Request my FREE package of South Padre Island, Port Isabel and Laguna Vista relocation information. It's my job to help! There's no obligation, and I promise to respond quickly... 

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School Reports in South Padre Island, Port Isabel and Laguna Vista, Texas
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Real Estate Tips
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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Real Estate Trivia
Q 
The smallest of Canada's 1000 Islands shares a name with a fairy tale hero. What is it?

A 
Tom Thumb
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Lynne Tate, REALTOR®, real estate agent and broker for South Padre Island, Port Isabel and Laguna VistaTexas home listings, property and land for sale - NUMBER1EXPERT(tm)

Lynne Tate
Lynne Tate Real Estate

2200 Padre Blvd.
South Padre Island, TX 78597
Tel: 956-761-1400
Fax: 956-761-1805
Email: lynnetate@NUMBER1EXPERT.com


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