Gwinnett County, Lake Lanier and Hall County real estate and homes for sale in Georgia - Janice Cochran & Associates, REALTORS® Janice Cochran & Associates REALTORS(r) for Gwinnett County, Lake Lanier and Hall County, Georgia real estate - NUMBER1EXPERTS™ Janice Cochran & Associates NUMBER1EXPERTS(tm) for Gwinnett County, Lake Lanier and Hall County, Georgia real estate
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Janice Cochran & Associates, REALTORŪ, real estate agents and broker for Gwinnett County, Lake Lanier and Hall County Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)






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Real Estate Tips
Financing Your Home >The Language of Financing

When you meet with a lender to apply for financing, you may feel as if you are in a foreign country when the loan officer begins to talk about points, Regulation Z margins, PMI, and ARMs.

You are not alone if you feel left behind by loan terminology. Like many professionals, lenders use a highly specialized language. Don't hesitate to ask for a translation! This is especially true if you are investigating some of the more complicated loans with rates that can be adjusted periodically. As you consider the various loan options, find out what the interest rate will be and at what point the lender will commit to that rate. If the loan has an adjustable rate, be sure that you understand how often the rate will adjust, and by how much your payments may go up. Find out if the loan can be assumed by a future buyer. The lender isn't trying to confuse you. The mortgage process is complicated, so just keep asking questions until you understand.

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Real Estate Trivia
Q 
Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?

A 
The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.
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Janice Cochran & Associates, REALTORŪ, real estate agents and broker for Gwinnett County, Lake Lanier and Hall County Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Janice Cochran & Associates
The Norton Agency

Lake Lanier, Gainesville, Dawsonville, and Forsyth
Office: 770-534-3666
Cell: 770-605-4858
Fax: 770-534 -3666
E-Mail: jcochran@remax.net

Janice Cochran has been selling real estate in Northeast Georgia for over 28 years has hundreds of satisfied clients! Prior to her career in real estate, Janice worked in marketing for IBM Corporation where she learned a very strict work ethic and the true meaning of respect for the individual. Janice received her Master's Degree in Urban Planning from the Georgia Institute of Technology, and she prides herself in staying involved mentoring new agents and completing new classes in order to keep abreast of the constantly changing real estate market. Janice understands the apprehension and fears her clients feel when they are thinking of buying a home, selling a home, or relocating to a big city like Atlanta. She prides herself in offering you a proven personal marketing plan, patience, understanding, service with a smile, and their promise to you: "No Surprises!".

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