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What Did That Home Sell For?: Northwest Houston, The Woodlands and Houston Inner Loop Texas home buying, real estate listings, and homes for sale in Harris County, TX

Welcome > For Sellers > What Did That Home Sell For? ...

Quickly Find Out What that Home Down the Street Sold For, By Email, for Free.

If you are considering selling your Northwest Houston, The Woodlands and Houston Inner Loop, Texas home, you are probably wondering what other homes in the area are selling for.

There might be one home in particular that you'd like to know the sale price on, or you might be interested in all the homes that have sold recently in your Northwest Houston, The Woodlands and Houston Inner Loop neighborhood. I can help!

I can tell you exactly what any home sold for in your area. I will furnish you with a list of homes that have recently sold on your street or in your neighborhood. I can also tell you about homes similar to yours that are currently for sale.

This service is entirely free, without obligation. As a top Northwest Houston, The Woodlands and Houston Inner Loop REALTORŽ, this is part of the service that I provide to home sellers on a daily basis.

Find out what a home or property sold for, by email, for free! It's my job to help you determine real estate values in Northwest Houston, The Woodlands and Houston Inner Loop! There's no obligation, and I promise to get back to you quickly...

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Financing Your Home >ARMs

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.

Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.

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Q	What celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job?
A	This Hollywood Hills residence was the former home of the popular singer, Madonna.
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Chris Wylie, REALTORŽ, real estate agent and broker for Northwest Houston, The Woodlands and Houston Inner Loop Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Chris Wylie
Better Homes & Gardens Real Estate
14202 Champion Forest Drive
Houston, TX 77069
Phone: 281-583-9393
Fax: 281-583-9494
Email: ChrisWylie@CountonChris.com
Throughout Houston, Chris Wylie is known as a professional others can count on to guide them successfully through the real estate process. Her calm, friendly manner puts others at ease and makes the home buying and selling process a fun and memorable experience. When you're ready to buy or sell, call Chris Wylie. You'll discover when you work with her that you can count on Chris.

741 East 11th Street
Houston, TX 77008
Direct:713-520-1700
Toll Free: 866-955-6138

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