Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
One of the easiest things you can do in the privacy of your own home is to call Coldwell Banker Mortgage at 888-317-5422 and tell them you would like a pre-approval. It's free and open nites and weekends. They probably will ask you for permission to share the information with me so please let them fax it to me Judy Hirshburg at 973-226-0463. You are under no obligation to get your mortgage with Coldwell Banker Mortgage however, I am confident that you will find them most helpful and extremely competitive. Remember, it's totally free and without obligation!
You might have an idea of the loan payment
and mortgage you can afford. But will the bank feel otherwise? It's always best
to get pre-approved for a mortgage so you know exactly how much a financial
institution would be willing to lend you.
In the pre-approval process, you will find
out:
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Exactly how much home or land you can
afford.
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How much cash you will need for the down
payment.
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The minimum down payment, and advantages
of higher down payments.
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What the bank feels you can afford for a
monthly payment.
I help buyers get pre-approved for mortgages
every day. Simply fill out the form below to get started.
Remember: I will respect your privacy! I
know this is your personal information, and I will not distribute it to anyone,
other than to my preferred mortgage broker. This service is also provided free
of charge, without any obligation on your part. It is part of my job as a top
Caldwells, Essex Fells, Verona, Roseland, Cedar Grove, Montclair, Fairfield,
Livingston, Montville and Wayne Realtor to offer services such as
these.
Once you fill out the form, I will quickly
process your information and get right back to you!
About Appraisals >Lender Appraisal
Many sellers think that the price of their home is determined solely by what they are willing to accept and what the buyer is willing to pay. However, there is one more variable that can affect the sale of a home assuming that a bank loan is involved -- the lender's appraisal.
To protect the interest of their investors, the buyer's mortgage lender hires a licensed appraiser to give an independent, objective opinion of what the property is worth. The appraiser compares the house with similar homes in the neighborhood that have recently sold. Square footage, amenities and the condition of the home are taken into account. Renovations and home improvements made by the seller usually add value to the home, while defects such as needed repairs or code violations decrease the property's value. The seller's real estate agent can provide the appraiser with up-to-date information about neighboring homes that have sold to support the seller's asking price.
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| Q |
What celebrity home sold recently for a reported $5.5 million, despite its yellow-and-rust striped paint job?
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| A |
This Hollywood Hills residence was the former home of the popular singer, Madonna.
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- NUMBER1EXPERT™ 
