Listing Details: Pearland, Manvel and Rosharon, Texas Real Estate Listings & Homes For Sale Provided by Walston Team Properties

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Need A Place To Keep Your Airplane?

$80,000

Photo of 0 Wolfe Airpark, Manvel, TX, 77578.

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Property 1

Address: 0 Wolfe Airpark	City/ST: Manvel, TX	Zip Code: 77578
Location: Manvel, TX	Property Type: Land	New or Resale: Resale
Square Footage: 33977	MLS# 143352

This land is in the county, not in Manvel City limit. This property, along with several other parcels, is not subject to the restrictions of the Wolfe Airpark subdivion. The only compensation to the subdivision is $10/plane per month. Short drive from Houston to private air strip. This would make your private air commute a breeze. Water is available from the subdivision for a minimum amount.

Last Updated: 9/16/2009 7:57:33 PM

Listing Agent and Office: J.J. McElreath, Remax Results

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Financing Your Home >Mortgage Terms

New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.

Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.

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Q	During what months of the year do most people move from one home to another?
A	Most moves occur between the months of May and September.
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Walston Team Properties, REALTOR�, real estate agent and broker for Pearland, Manvel and Rosharon, Texas home listings, property and land for sale - NUMBER1EXPERT

Walston Team Properties
RE/MAX Results
6756 N. Masters
Manvel, TX 77578
Office: 281-692-1002
Fax: 281-692-1009
Cell: 281-808-0902
pamelawalston@NUMBER1EXPERT.com

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