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All Realtors are NOT alike! Find out why Team Elite is top real estate experts. Call us: 630-418-1800.
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Welcome! Here You Can Find Great Information on Real Estate in the Chicago Land area! Specializing in Naperville, Plainfield and Lisle, Illinois Real Estate markets!  Selling a home? It doesn't matter whether it's a 'Buyer's Market' or a 'Seller's Market', there is always fierce competition among the houses on the market for those ever-so-few qualified buyers who are out looking. Sellers need aggressive, effective Marketing Experts to direct those buyers to their property in order to get their property SOLD at their price and terms. That's why Team Elite is the overwhelming choice for people who want to get moving in the Chicago Suburbs!
Looking to buy a home? How exciting! Buying a home should be a fun adventure but it can be confusing at times what with all of the options and decisions to be made. Our team of professionals provide the very best in real estate counsel and service with an intimate knowledge of the homes available or coming available, financing and all the other details necessary to get to 'moving day'. Our buyer clients benefit from our excellent negotiation skills that give them a decided advantage in the marketplace.
If you're just starting to do some initial research in the home-buying process or prefer initially to do your own research on available homes, we suggest that you click and log on to Search for your Dream Home. This site will allow you to automatically email yourself information on properties that meet your specific criteria. There's no cost or obligation for this service! Once registered, you may use this feature as often as you would like and the system will automatically email you information on homes meeting your needs as they hit the market. You'll never have to worry about missing your dream home or bother with the many confusing and incomplete real estate sites. When you want to see a property or need more information, all you have to do is 'click' where indicated on the emailed property information screen or call us directly at 630-418-1800 and we'll jump into action.
During both the selling and buying process, our dedicated administrative team works in concert with our Marketing Experts and Buyer Specialists to ensure that from start to finish you will enjoy the experience while being fully communicated with and professionally serviced along the way.
Buying and selling a home is one of the biggest events of your life. Make it a great and stress-free experience by working with the very best in real estate. Call Team Elite Today at 630-418-1800!
Team Elite- Julia Corkey & Vickie Schoenfeld 
Financing Your Home >The Margin on an ARM When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.
Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.
If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.
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What home is the best example of colonial architecture in homes designed to "grow" as the family grew?
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| A |
The House of the Seven Gables in Salem, MA, that was the model for Nathaniel Hawthorne's novel of the same name. |
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