Listing Details: Twin Falls, Jerome and Boise, Idaho Real Estate Listings & Homes For Sale Provided by Gem State Realty

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Photo of Lot 18 Washington St. N, Twin Falls, ID, 83301.

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Lot 18 Parcel map

Address: Lot 18 Washington St. N	City/ST: Twin Falls, ID	Zip Code: 83301
Location: Twin Falls	Property Type: Comercial	New or Resale: Resale
MLS# 98365491	Property Tax: 0

Near the corner of Washington St. N & Federation. Developing & exciting area of town. Near new convention center, super store, high school, & hospital. Views of the canyon. Canyon rim walking trail close by.

Last Updated: 5/12/2010 7:19:28 PM

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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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Q	Where in the United States will you find the largest concentration of million-dollar homes?
A	There are almost 314,000 million-dollar homes in the United States, and 41% of these are located in California.
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Gem State Realty, REALTOR�, real estate agent and broker for Twin Falls, Jerome and Boise, Idaho home listings, property and land for sale - NUMBER1EXPERT

Gem State Realty
Gem State Realty
1411 Falls Avenue East Suite 1000 A
Twin Falls, ID 83301
208-734-0400
Toll Free: 800-455-1180
Fax: 208-733-6112
GemStateRealty@NUMBER1EXPERT.com
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