|  | | | Christy and Garth Gillespie | |
Meet Christy and Garth Gillespie 
After almost 12 years of being in the Jackson Hole real estate business, we have to say that real estate is a passion for the both of us. We love the complexities of “putting the deal together”, we love introducing new individuals to the many unique qualities of the Jackson Hole lifestyle, we love working with friends in assisting them in making one of their most important life decisions, we love learning about the history of Jackson Hole. We feel blessed to live in the beautiful Jackson Hole valley and enjoy the lifestyle that we have.
What have we learned so far after 12 years in the real estate business? That taking care of people never goes out of style. That, in spite of all the technology and readily available information on the internet, real estate is a people business. And people almost always crave the personal touch. They have access to all of the information they want but they do not have the knowledge. They still look to us as the experts that can help them decipher the information, provide local “insider” perspective, use our wisdom to give them sound advise, and consult and steer them through complex transactions in a smooth and stress free manner.
It’s also all about integrity. We would rather advise a client not to buy something than to see them months later having made the wrong decision. By putting our customer’s interests first, we are able to build life long relationships rather than focusing on “doing the deal” and selling real estate just one transaction at a time. We have learned that if you truly care about people and take care of them, the rest will follow and our success is inevitable.
Christy started in Jackson real estate 12 years ago, but had her start in the crib. Both her parents owned a successful real estate company in Naples, Florida and she literally grew up in the business. Her aunts, uncles, and other family members all worked in real estate. Her love for the mountain lifestyle became evident during her family vacations to Lake Tahoe and Vail, Colorado. Soon she was heading off to college at the University of Denver where she met Garth.
Garth originally from Milwaukee, WI gladly chose the University of Denver and never looked back East, except to watch the Green Bay Packers. He fell in love with the West when he was young—many family vacations to the C Lazy U dude ranch in Granby, Colorado planted the seed. John Muir said it best, “The Mountains are calling and I must go.”
We both graduated with degrees in business from University of Denver and headed to Vail, CO in search of the perfect mountain town. During those years, Garth and Christy visited every mountain resort town there is and ultimately found Jackson Hole. Three years later, they were married in the Grand Teton National Park and knew they were destined to live here for a long time.
Garth and Christy share their life with their 4 year-old daughter, Jocelyn, and she already loves Jackson as much as they do. As a family, they spend their time hiking the Tetons, fishing and camping, skiing and boarding at the Jackson Hole Mountain Resort and enjoying the outdoors. They both love Jackson’s wonderful sense of community and are grateful to be able live and raise their daughter in such a vibrant community.   |  | | | Katie Colbert | |
Meet Katie Colbert - Associate Broker 
Katie Colbert is the new addition to the Gillespie Real Estate Team! Katie first visited Jackson Hole in 1999 and fell in love with the beauty of the area (and the great skiing!). Originally from Minnesota, Katie graduated from the University of Wisconsin-Madison with a 4-year degree in Real Estate and Urban Land Economics through the School of Business. While at UW-Madison, she was involved in the University’s Real Estate Club, serving as both as its Secretary and Career Coordinator; and still remains active in the UW Real Estate Alumni Association.
Upon graduation, Katie worked for T. Wall Properties, a commercial real estate development company in Madison, Wisconsin for over 4 years where she handled all property acquisitions and dispositions and represented the company on several large portfolio acquisitions including retail, commercial, and industrial space, and worked with title companies to facilitate all aspects of closings, including 1031 Tax Deferred Exchanges.
Katie has extensive experience in both residential and commercial real estate in Jackson Hole, Wyoming. Katie enjoys working with both residential home buyers and office and retail tenants and will work hard to assist them in all levels of the transaction. She is relentlessly optimistic and has incredible passion for the real estate business.
Katie is currently enrolled in Leadership Jackson Hole, a 9 month program training emerging community leaders by increasing leadership skills and knowledge of community issues. Katie also enjoys volunteering with Habitat for Humanity and is a founding member of Habitat DGIS (Dedicated Individuals Giving and Serving), a social networking group that brings together active young locals who share a passion for volunteering in Jackson Hole.
In her spare time, she enjoys all the Teton area has to offer by way of backcountry skiing, whitewater rafting, mountain biking, climbing, hiking, camping and playing on her softball team. If you visit with Katie for a while, we know you’ll find a common interest and will enjoy her positive outlook on life. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
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.
|
| Q |
What is a VA home loan?
|
| A |
The Office of Veterans Affairs guarantees small or no-down payment mortgage loans made by lenders to U.S. veterans. |
See More Real Estate Trivia > |
|
|
|