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John Is Knowledgeable And Experienced
"We had listed our home with other realtors before we found John. He was most professional and knowledgeable about the marketing of higher priced homes and helped ease our minds when we had to relocate before it sold. When John took over, he did a great market analysis and had the potential buyers immediately. It sold within three weeks! John is most knowledgeable and experienced in this field and we would recommend his services to anyone."
Mr. And Mrs. R. L. Garthwaite, Medford, NJ
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Financing Your Home >Qualifying For A Loan
It is useful for home buyers to understand the difference between loan pre-qualification and pre-approval. Pre-qualification, which in today's marketplace is usually done by mortgage brokers, means working with the buyers to determine how much they can afford and which loans are the most likely to be available to them. Loan pre-qualification can save buyers time and money and can even be a bargaining tool with a seller. However, pre-qualification is not the same as loan "pre-approval". The mortgage broker can often get the buyer a pre-qualification letter, but pre-approval must be issued by the mortgage lender.
Pre-approval means that the lender has definitely committed to loaning the buyer money, once the house itself is approved. Since it is a much stronger pledge, it is a much more valuable negotiating tool. When you hear someone talking about "pre-approval", they are referring to specific acknowlegment by a lender that they are willing to loan the buyer money. The real estate agent can be of assistance in this process.
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| Q |
From 1974 to 1996, what was the world's tallest habitable building?
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The Sears Towers, headquarters for Sears, Roebuck & Co., with 110 stories and 1,454 feet high. |
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There are some great people out there ? John being
He is a kind and caring man and very, very good at what he does....
Joan Johnston, RE/MAX Suburban
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