Botetourt County and Roanoke Valley real estate and homes for sale in Virginia - Micki Patrick, REALTORS® Micki Patrick REALTORS(r) for Botetourt County and Roanoke Valley, Virginia real estate - NUMBER1EXPERTS™ Micki Patrick NUMBER1EXPERTS(tm) for Botetourt County and Roanoke Valley, Virginia real estate
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Micki Patrick, REALTOR®, real estate agents and broker for Botetourt County and Roanoke Valley Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)





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Resources: Botetourt County and Roanoke Valley Virginia home buying, real estate listings, and homes for sale in Botetourt                      County, VA
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Special Offers: Special offers for Botetourt County and Roanoke Valley homeowners from Micki Patrick, top Realtors
Monthly Payments & Schedule: Monthly loan payments java mortgage calculator
How Much Can You Afford?: Calculate how much home you can afford with this financial calculator
Determine Tax Savings: Calculate how much your monthly Botetourt County and Roanoke Valley Virginia mortgage payments save you on your taxes because of loan interest
Should You Rent or Buy?: Is it better to rent a home in Virginia or buy your own Botetourt County and Roanoke Valley house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages: Adjustable rate Botetourt County and Roanoke Valley mortgages information and interest rate java calculator
What Is Your APR?: Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage?: Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You?: Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be?: What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage?:This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money?:This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc: FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Virginia real estate
Top National Real Estate Web Sites: Real Estate Web Sites that include some unique sources of realty information, listings, and more
Ask Anything: Ask Micki Patrick anything real estate
NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agents and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale
Real Estate Tips: Micki Patrick's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers
Real Estate Trivia: Micki Patrick's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more
Real Estate Dictionary: Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Botetourt County and Roanoke Valley property in Virginia, including legal terms definitions, and more



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Real Estate Tips
Financing Your Home >More On ARMs

Lenders are always looking for new ways to help buyers get into the home of their dreams. Today they frequently use adjustable rate mortgages (ARMs) to increase the buyer's options. The interest rate on an ARM changes periodically to reflect changes in the national market. Since the loan starts at a rate that is lower than the national average, lenders can reduce the borrower's qualifying criteria.

One way to distinguish between different ARMs is by the national index to which they are tied. Some ARMs are tied to a slow-moving index called the cost-of-funds index; these are usually the most desirable. ARMs that are tied to a more volatile index, such as Treasury Notes, can be adjusted upward at a quicker rate. Look at all the factors before choosing a loan. The faster index loan may start out with lower rates and lower monthly payments, but the slower index ARM may eliminate your concern about having to re-finance down the road.

See All Tips In The "Financing Your Home" Category >
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Real Estate Trivia
Q 
What land did the U.S. Government buy for $7.2 million?

A 
In March 1867, the US bought all of Russian America (Alaska) from Russia.
See More Real Estate Trivia >

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Micki Patrick, REALTOR®, real estate agents and broker for Botetourt County and Roanoke Valley Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Micki Patrick, Associate Broker
RE/MAX All Stars

Serving Botetourt County & The Roanoke Valley
1225 Roanoke Road
Daleville, VA 24083
Micki's Phone: 540-556-2525
Toll Free: 800-507-9882
Fax: 877-806-2525
Dayna Patrick: 540-342-9600
Email: Micki@MickiPatrick.com

Micki Patrick is a top producing Realtor/Broker with 30+ years experience in the Roanoke Valley of Virginia, which includes Botetourt, Bedford, Craig, Franklin, Floyd and Roanoke Counties. Micki’s daughter, Dayna Patrick, a Realtor since 1990, with five years experience in the custom-home construction field, assists Micki in delivering creative and highly individualized service to our clients throughout the whole home buying and/or selling process. Micki and Dayna specialize in country property, residential homes, horse farms and unique properties of all types. Their love of the region, chosen after a countrywide search for the ideal place to live, contributes to their enthusiasm in helping families relocate to the Roanoke area. Whether helping you to buy or sell your special place, Micki and Dayna make a dynamic team and can help you achieve your real estate goals with ease. Share your vision with us, and let us bring our market knowledge, enthusiasm and expertise to work for you.

REALTOR MLS Equal Housing ABR ePro


RE/MAX All Stars real estate and homes for sale in Botetourt County and Roanoke Valley Virginia

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