Applying for a mortgage can seem like a daunting and scary process. To help, we've created a checklist of things for you to compile, complete and acknowledge before applying. See the fill list by clicking learn more below.
Credit history is a recorded file of past and current credit that is utilized to compile a credit score. Read about credit, how it works, how to improve your score and more by clicking learn more below.
A closing cost is a payment required to finalize a home loan and is separate from a down-payment. Read about closing cost, their purpose, how you can pay them and more by clicking learn more below.
An appraisal is an estimate of a property's fair market value and is required by a lender to ensure the loan amount is not more than the property value. Read about appraisals, how they work, ownership and more by clicking learn more below.
Private Mortgage Insurance or PMI is insurance that protects a lender from increased risk from borrowers putting less than 20% down on a house. Read about PMI, how it works, cost and more by clicking learn more below.
Refinancing your mortgage is a common practice used to lower monthly payments, interest rates, lower your DTI and more. Read about refinancing, how it works, cost and more by clicking learn more below.
See a full list of mortgage terms by clicking learn more below.
Foreclosure is the process of a lender seizing a property in accordance with the terms stipulated in the mortgage contract. Read about foreclosure and how to avoid it by clicking learn more below.
CONTRACT NEGOTIATION HELP
This message is for buyers who have already found their dream home on the Internet. Those buyers are not working with an agent, they don't feel comfortable working directly with listing brokers who represent the sellers or sellers who are representing themselves. It's not as easy as it looks. Don't lose your dream home.
Most attorneys are only interested in reviewing the fully executed contract after the sale is negotiated. Attorneys are not as equipped as Brokers are with the MLS details and home values nor do they want to be. Experience does matter. I can help. After reading this outline call/text Ken Manz 630-337-6277 your questions.
This is my work
1.) 46 years, negotiating real estate contracts.
2.) Specialist in existing and new home sales, condos, townhomes and vacant property.
3.) $485,000,000.00 successful. Closed 1 billion in todays money.
This is what I need
1.) An Exclusive Broker's Representation Agreement, signed by all interested parties.
2.) A retainer (non-refundable) up front $495.00, cashier's check to Austin Realty, Inc. due at signing.
3.) Property details, property address, photos, if any and where is this information on the Internet.
4.) Your current pre-approval, no less than 30 days old, if you are financing your purchase.
5.) If you're paying CASH, I need proof of funds on bank letterhead and/or investment accounts. Block acct numbers.
6.) Closing date.
This is what I will do
1.) I'll research the current sales.
2.) Research past history, tax records.
3.) Review and/or secure Disclosures; Residential, Radon, Lead-Paint, Mold, Sewer.
4.) Draft and present the offer. The strategy is to play to win. We do not play, not to lose.
5.) Email you the accepted, fully executed contract and to other interested parties.
6.) If needed, I'll email 3 attorneys to choose from. Select one to close your purchase.
This is what I will not do
1.) Promise you that our strategy is a guarantee.
2.) Show property as a Contracts-Negotiator.
Balance due, $390.00 cashier's check, as you receive the fully executed contract.
Austin Realty, Inc. License #478-008202 MLS#25373. Ken Manz License #475-080706 MLS#251924
Mailing Address: Austin Realty, Inc. PO Box 1525, Wheaton, IL. 60187
