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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a Arlington Heights, Mount Prospect and Des Plaines, Illinois real estate agent(s). Contact John Campobasso today! Find Arlington Heights, Mount Prospect and Des Plaines Homes - Find Arlington Heights, Mount Prospect and Des Plaines, Illinois real estate listings & homes for sale provided by John Campobasso, your local expert real estate agent(s). For Home Buyers - Get home buying information, the latest listings, mortgage information, expert advice, and much more from John Campobasso, a Arlington Heights, Mount Prospect and Des Plaines, Illinois real estate agent(s). For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from John Campobasso, Arlington Heights, Mount Prospect and Des Plaines, Illinois real estate agent(s). Arlington Heights, Mount Prospect and Des Plaines Information - Find local information on Arlington Heights, Mount Prospect and Des Plaines, Illinois including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by John Campobasso, real estate agent(s). Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from John Campobasso, Arlington Heights, Mount Prospect and Des Plaines, Illinois real estate agent(s). About John Campobasso - Information about John Campobasso including testimonials, guarantees, credentials, and contact information. Learn about real estate agent(s) like John Campobasso in the Arlington Heights, Mount Prospect and Des Plaines, Illinois area. 
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Financing Your Home >Convertible ARMs
Many lenders are offering a type of Adjustable Rate Mortgage which will allow the buyers to convert their ARM to a fixed-rate mortgage without the expense of refinancing. There are several variations of this type of loan, so you should be informed about the various options before you decide on a loan.
Each lender places restrictions on when the ARM can be converted to a fixed-rate loan. Some allow a conversion after the first year of the mortgage, while others allow a change only on the rate adjustment dates. There is usually a fee for converting the mortgage, but it is much less than the cost of refinancing. The rate that you will pay after the conversion may be slightly higher than the going rate for fixed-rate mortgages. A real estate agent can provide you with a list of lenders who offer convertible ARMs, so that you can shop for the one that is best for you.
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| Q |
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?
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| A |
The former estate of John Lennon in Palm Beach has two pools plus guest quarters. |
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