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Looking for homes? Are You Buying, Selling or Relocating to or from Southeast Michigan? Sandy Pattock-Beeler and Team are ready to service all of your real estate needs. Need local real estate information? We’ve summarized much of what is important about the Plymouth, Canton and Northville real estate markets in this site, including information relating to Wayne, Oakland & Washtenaw Counties. Need Expert Advice? Want to search local MLS listings, New Home Developments or School Information? Visit our "Search Thousands Of Homes With A Click Of The Button" and allow Sandy Pattock-Beeler and Team show you the way to your new home. Contact us with confidence! We guarantee your privacy will be respected and we offer the services on this site for Free and without obligation. Why? We want to be Your Realtors. As your trusted professional Realtors, we will help you find the best home in your area within your price range. And together we will sell your home for the highest possible price and in the shortest amount time and inconvenience to you and your family. Whether you’re Buying, Selling or Relocating, Sandy Pattock-Beeler and Team can help you with all of your real estate needs. - Sandy Pattock-Beeler and Team  |
Insurance >Home Warranty Benefits Home warranty policies are available to both homebuyers and sellers. What are the advantages of purchasing one?
As the buyer, a home warranty can save you money. If the refrigerator stops working during a hot spell shortly after you move in, it will be fixed or replaced under the warranty at a fraction of the cost of buying a new refrigerator. If you are buying an older home, you might ask the seller to provide a one-year warranty as an incentive. The warranty will protect you from major expense if the plumbing suddenly fails or the roof starts leaking.
As the seller of an older home, you can understand how the warranty can make your home more attractive if you put yourself in the buyer's shoes. The warranty relieves the buyer of concern that they will have to spend thousands to repair a major system that breaks down unexpectedly. It also relieves you of anxiety that the buyer will sue you for failing to disclose a material defect. The warranty only costs a few hundred dollars and can be paid for when the transaction closes.
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| Q |
What does the term ARM stand for?
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| A |
An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market. |
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