Winchester real estate and homes for sale in Virginia - Dallas Croft, REALTOR® Dallas Croft REALTOR(r) for Winchester, Virginia real estate - NUMBER1EXPERT™ Dallas Croft NUMBER1EXPERT(tm) for Winchester, Virginia real estate

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Dallas Croft, REALTORŪ, real estate agent and broker for Winchester Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Local Info: Winchester Virginia home buying, real estate listings, and homes for sale in Winchester                     County, VA
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About Winchester
 

Winchester is located in the northern most part of Virginia, is rich in history is and rapidly growing in technology. Located in the Shenandoah Valley, Winchester played a major part in Civil War battles, is home to many apple orchards and packaging companies, and is the birthplace of country music legend Patsy Cline. These are just a few of the attractions that Winchester has to offer. 

Winchester is home of The Shenandoah Apple Blossom Festival, held annually during the first weekend in May. The festival, which has been celebrated for over 75 years, has attracted such celebrities as Lucille Ball, Mary Tyler Moore and Dan Aykroyd. 

The public schools in the Winchester and Frederick County areas are at the top of their class in both academics and sports. Over the past five years both the city and county high school athletic teams have competed at state competition. 

The real estate market in the Winchester area is booming and new subdivisions are being constructed everywhere to try and meet the demand. With the area?s low homeowner?s taxes and close proximity to Washington DC--for people who work in the city but don?t want to live there--everyone is discovering what a great place Winchester is. 

Request my Free Winchester Relocation Package. It's packed full of useful and important information about the Winchester, Virginia area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...
 

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Real Estate Tips
Financing Your Home >ARMs

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.

Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.

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Real Estate Trivia
Q 
What is the world's most valuable piece of furniture?

A 
The 18th century Italian Badmiton Cabinet owned by the Duke of Beaufort sold in 1990 at Christie's, London for $15.1 million dollars.
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Dallas Croft, REALTORŪ, real estate agent and broker for Winchester Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Dallas Croft
ERA Oakcrest Realty

2045 Valley Avenue
Winchester,VA 22601
1-540-450-1233
1-540-662-9132
Fax: 1-540-662-0986
DallasCroft@NUMBER1EXPERT.com

I have been selling homes for 18 years and have consistently been in the top 5% in overall sales volume of the Blue Ridge Association of REALTORSŪ for the past 13 years. I am a member of the Blue Ridge Hall of Fame because of my repeated success as a real estate agent. In 2005 I had over 130 transactions selling more than 51 million dollars worth of real estate and was selected "Sales Person of the Year" by the Blue Ridge Association of Realtors. I strive to meet every client's needs. My slogan is simple, "I Sell Homes." That's what I do and that's what I do best.

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ERA Oakcrest Realty real estate and homes for sale in Winchester Virginia

ERA Oakcrest Realty real estate and homes for sale in Winchester Virginia

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