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Why Sellers Choose Maurice Vaughn - Why home sellers in Clarksville, Montgomery County TN and Fort Campbell, KY choose Maurice Vaughn.
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Real Estate Tips

Financing Your Home >Watch Your ARMs Length

Most buyers know that first-year interest on Adjustable Rate Mortgages (ARMs) is typically lower than the interest on available fixed-rate mortgages. This makes ARMs easier to qualify for, but also requires that borrowers have some understanding about how such loans work, because there are significant details associated with the low first-year rate.

First, check to see how long the low rates offered on the ARM are guaranteed. After that period of time, the rates can go up two points a year to a typical rate cap of six points over the life of the loan. Lenders will usually require borrowers to qualify for a mortgage loan that is several percentage points above the actual initial rate charged on the ARM. This is intended to keep borrowers from becoming overburdened by debt. Some lenders may charge special fees or caps which can increase the cost of the loan. If you think that an ARM may work for you, it is a good idea to shop around.

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Real Estate Trivia

Q	What is a Buyer Broker?
A	A buyer broker represents buyers, helping them to find the best property and negotiate the best purchase price and terms.
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Maurice Vaughn, REALTORŽ, real estate agent and broker for Clarksville, Montgomery County TN and Fort Campbell, KY, Tennessee home listings, property and land for sale - NUMBER1EXPERT

Maurice Vaughn / The Vaughn Team
BetterHomes&GardensReal Estate HometownConnection
108 Center Pointe Dr.
Clarksville, TN 37040
Office: 931-245-6733
Company: 931-245-2050
Toll Free: 1-877-VAUGHN9
MVaughn@TheVaughnTeam.com
Over the years, Maurice has witnessed many changes and much growth in his hometown, but he knows the core values by which he was raised-independence, integrity, determination-will always remain the same. Maurice's spirit of dedication to Clarksville is always on display through his work with community groups like the Salvation Army, the Relay for Life, cookouts for Little League teams and his passion for history. Family is also a top priority for Maurice and he loves to spend time with his children and his wife Terri, at one of the nearby lakes. Perhaps nowhere is Maurice's appreciation for the spirit of Clarksville more apparent than in his career as one of the area's most experienced real estate professionals. For more than 22 years, Maurice has been the trusted source to whom more people turn when the time comes to buy or sell a home. With his knowledge of the area, business savvy and dedication to his clients, he's truly made a name for himself in the Clarksville real estate market. No matter what your real estate needs, turn to Maurice Vaughn and experience The Spirit of Clarksville. -Maurice Vaughn

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