Scottsdale, Central Phoenix and Paradise Valley real estate and homes for sale in Arizona - The Turk Team, REALTORS® The Turk Team REALTORS(r) for Scottsdale, Central Phoenix and Paradise Valley, Arizona real estate - NUMBER1EXPERTS™ The Turk Team NUMBER1EXPERTS(tm) for Scottsdale, Central Phoenix and Paradise Valley, Arizona real estate

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The Turk Team, Keller Williams Platinum Realty, real estate agents and broker for Scottsdale, Central Phoenix and Paradise Valley Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)
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For Buyers: Scottsdale, Central Phoenix and Paradise Valley Arizona home buying, real estate listings, and homes for sale in Maricopa County, AZ
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Why Buyers Choose Us: Why homebuyers in the Scottsdale, Central Phoenix and Paradise Valley area choose The Turk Team as their Realtors
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Real Estate Tips
Financing Your Home >Mortgage Terms

New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.

Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.

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Real Estate Trivia
Q 
According to Feng Shui, the art of home placement, what five elements are needed in a harmonious environment?

A 
Wood, fire, earth, metal and water must be balanced to create a happy, prosperous home.
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The Turk Team, Keller Williams Platinum Realty, real estate agents and broker for Scottsdale, Central Phoenix and Paradise Valley Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

The Turk Team
Keller Williams Realty Platinum

2920 E. Camelback Road #100
Phoenix, AZ. 85016
Cell: 602-369-0007
Office: 602-553-4347
Fax: 602-553-4409
Email: BradTurk@NUMBER1EXPERT.com

As a Phoenix native and lifetime resident Brad Turk's knowledge of the area and local community is one of his strongest assets. Brad has built a solid reputation for success by understanding what home really means. If you asked a group of people to define what home means to them, you might be surprised at their answers - they would be as diverse as the people themselves. Home means different things to different people - it's where you live your life, nurture your dreams, and reap the rewards of a lifetime of hard work. But one thing does remain the same - how you find that home does make a difference. DELIVERING RESULTS IS WHAT IT'S ALL ABOUT! Helping clients achieve their dreams sets The Turk Team apart from the rest. In addition to being honored with several local and regional awards, you can find Brad Turk and The Turk Team in the pages of Real Trends Magazine ranked in the top 1% of the nation's most successful agents. Handling every detail with ease and expertise, Brad's successful real estate transactions are the result of strong negotiating skills, market knowledge and indsutry experience. Add innovative marketing, fresh concepts, and a genuine understanding of the real estate process, and you will quickly see why Brad Turk and The Turk Teamconsistenly deliver results that exceed client expectations. BOTTOM LINE IS THAT YOU HAVE A CHOICE! Buying or selling a home is both a financial and emotional investment and it means a great deal more that simply moving furniture. It's moving memories, and it means new places and new dreams. Brad Turk and The Turk Team understand this and our philosophy is grounded on old- fashioned values and exceptional service. Brad's solid reputation for success is the result of knowledge and skill, along with an uncompromising commitment to be the very best. Honest, passionate and dependable, Brad Turk and The Turk Team are the consummate real estate professionals who can handle all of your real estate needs. Whether you're moving around the corner or across town, if it's time to move on with your life...it's time to call The Turk Team.

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