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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 29 of 62 Selections

2157 HUNTINGTON DR

$259,900

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Address: 2157 HUNTINGTON DR	City/ST: Chico, CA	Zip Code: 95928
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 1102
Bedrooms: 3	Bathrooms: 2	MLS# 200908071

3 bedroom, 2 bath home needing a new look for a new owner. Bring the paint, the know how, and create your own masterpiece. Back yard fenced with covered patio area. Yard desperately waiting for a new look. Inside laundry and an attached 2 car garage. Home located close to most of all Chico has to offer. Property to be sold AS IS. All information from property profile. Buyer(s) is/are advised to investigate/inspect all aspects of the property to their contractual satisfaction.

Last Updated: 11/1/2009 7:46:48 PM

Listing Agent and Office: Troy Davis, Coldwell Banker

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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	What is a Balloon Mortgage?
A	A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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Tammy Vertrees, REALTOR�, real estate agent and broker for Paradise, Magalia and Chico, California home listings, property and land for sale

Tammy Vertrees
Coldwell Banker Ponderosa
7020 Skyway
Paradise, CA 95969
DRE #01754100
Cell: 530-413-8383
Office: 530-872-5428
Fax: 530-267-6260
mail@tammyvertrees.com
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