About the Kissimmee, Florida Area  The town of Kissimmee is strategically surrounded by some of the most well-known theme and amusement parks in the nation: Walt Disney World, Sea World and Universal Orlando are all at your beck and call while staying in centrally located Kissimmee. While this town is right smack-dab in the middle of all of this fun, it also offers suburban relief when you’ve had your fill of fun and excitement and are ready to simply relax. As of 2005, there were 59,364 residents of Kissimmee. Location
Kissimmee is located in the northwestern corner of Osceola County, Florida, and serves as its county seat. Adjoining Counties include Orange County to the north, Brevard County to the northeast, Indian River County to the east, Okeechobee County to the southeast, Highlands County to the south, Polk County to the west and Lake County to the northwest. Walt Disney World Amusement Park and Resort is a 20-minute drive northwest of the town. Geography/Terrain
The town of Kissimmee is conveniently located on the northwest corner of scenic Lake Tohopekaliga, commonly called “West Lake” by the locals. Kissimmee sits 66 feet above sea level and encompasses 17.3 square miles of area, including 0.6 square miles of water. Jobs
Historically, the town of Kissimmee’s economy has been heavily based on cattle ranching – but the town’s bread and butter was largely replaced with tourism and development with the establishment of Walt Disney World in 1971. Now, a balance of cattle ranching coupled with tourism and development have greatly lifted the economy of Kissimmee. Housing
Since 1971, when Walt Disney World opened, Kissimmee has and continues to grow at a rapid pace. Being the county seat of Osecola County, the town has had to keep up the pace of development of new office space and homes alike to accommodate the expansion of the government as well as the ever-growing amount of new residents.  |  | | |
 Parks and Recreation
Universal Orlando Resort, often dwarfed by nearby Walt Disney World, has managed to hold its own against the Disney giant. With 2 major theme parks, Universal Studios and Universal’s Islands of Adventure – tourists and residents of all ages flock to the grounds for fun and entertainment. Enjoy thrill rides based on your favorite films including such classics as ET, Men in Black and Back to the Future. If you’re looking for a day of shopping and entertainment, visit Downtown Disney. Encompassing 120 acres within Disney World, Downtown Disney has a life of its own – day or night. Take advantage of the world-class shopping with lavish storefronts you can admire for minutes on end. Enjoy dinner on the town at one of the many exotic restaurants to dine in including the famous Rainforest Café.
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Kissimmee offers world-class golfing, with 20 (yes, 20!) golf courses within its town limits, including the award-winning Walt Disney Golf Courses – Osprey Ridge Golf Course. This 18-hole golf course features 7,101 yards of golf from the longest tees for a par of 72, on Bermuda grass. Designed by Thomas Fazio, a member of the renowned American Society of Golf Course Architects, golfers come from all over the region to play on this course. Special Attractions
Kissimmee is home to Major League Baseball’s Houston Astros’ spring training camp. The Osceola County Stadium contains a large baseball field which was built in 1984 and can accommodate a crowd of 5,130 people. The Astros fought hard to play in the 2005 World Series (the team’s first ever World Series) but in the end lost the fight to the Chicago White Sox. Interesting Facts
The film “Monster” (2003) was filmed in Kissimmee. Kissimmee was once known as “Cow Town” and “West Lake”.
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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 Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?
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The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street. |
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