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 973-727-0919, ask for Susan Langdon and tell her you would like a pre-approval. It's free and available nites and weekends. She probably will ask you for permission to share the information with me so please let her 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!
Insurance >Hazard Insurance
Are you considering taking out hazard insurance on a property before you actually take title? It may be a good idea!
Even though you are not yet the owner of record, as the buyer, you have an insurable interest in a property the moment that you and the seller execute the sales agreement. As a matter of practice, however, buyers do not usually take out insurance until the papers change hands, and it should not be necessary if the agreement of sale is properly executed.
It is very important to both parties that the agreement states that the property will be insured for a specific amount. From the buyer's point of view, an adequate sum must be stipulated, and the agreement should not read "as now insured", which can indicate that the seller may not want to increase the insurance.
As a general rule, the amount of insurance on the buildings on a property should equal the sales price, less the value of the lot.
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| Q |
What area in the U.S. has been referred to as the "American Riviera"?
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| A |
Miami Beach in Biscayne Bay is Florida's pre-eminent place for "people watching" and a hot spot for celebrities.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
