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Brian helped us relocate from Carmel, IN to Greenwood, IN.”
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"We can't thank you enough for all of your help. From finding us the right home and getting us out of apartment life, to making sure everything went smoothly. We never thought we would be where we are today! Thanks again!” 

Sean, Nancy and Colton

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Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia
Q 
Where is the world's oldest castle located?

A 
The castle at Gomdan, Yemon, dating from before A.D. 100, is considered the oldest castle; it originally had 20 stories.
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The Harbert Group, REALTOR®, real estate agent and broker for Indianapolis and Greenwood, Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

The Harbert Group
REALTY WORLD-Harbert Company, Inc.

450 South State Road 135, Suite B
Greenwood, IN 46142
317-885-8858
Fax: 317-889-8858
indy-properties@NUMBER1EXPERT.com

This innovative web site will provide you with the most comprehensive information available in today's Real Estate Market. My name is Brian Harbert, and my staff and I are dedicated to providing quality service. The real estate industry is always changing, and you need someone who keeps up to date with the changes. Give our team a chance to help you with all of your real estate needs.

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