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I bring 17 years of experience of selling real estate full time. Call me for profitable results: at 908-522-9444 or 973-715-3535 (Mobile)
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"Always gave us honest opinions" "We sold the house in a week for 10% more than the highest price we ever imagined possible." James Ooi, Short Hills - Credit Suisse Read Quote > View All Quotes >
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Welcome! My goal is to help you make intelligent, informed, and sound home-buying & selling decisions.   |  | | |
 I invite you to use this site as a tool to help you start your home buying or selling process. Remember though, no website can replace an agent's tried and tested experience and credentials. Check out what my clients have to say and give me a call! Thinking of buying or selling your home? Call me for profitable results! *I protect your interests - from start to finish *Pulse on the market & sound, expert advice *State-of-the-art marketing - gets the job done *Consummate professional *Maximum return & highest net value In my 17 years of experience, I have sold hundreds of homes, totaling over $250 million in sales and am a member of the RE/MAX Hall of Fame. Buying and selling a home is one of the biggest investments of your life. Believe me, I know: I'm in my 4th home in Short Hills. My goal is to help you achieve YOUR goal, whatever that may be, with my expertise honed over a 17 year career. I will be with you every step of the way but will never rush you or pressure you into action because I understand that a decision this large must be made carefully, objectively and with your best interests (both short and long term) in mind. Sincerely yours, Binali 
About Appraisals >Working With Appraisers
After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.
The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.
If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.
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| Q |
What are considered the ideal conditions for a seller's market?
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| A |
In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS. |
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Binali
Patel RE/MAX Achievers 315 Springfield Avenue
Summit, NJ 07901 Mobile: 973-715-3535 Office: 908-522-9444 Fax: 973-376-0404 binalipatel@number1expert.com
As
a buyer agent, my goal is to help you find a home that best meets with your
needs and at BEST PRICE & terms. "I take the real estate needs of my
clients extremely seriously -after all it is the biggest personal financial
decision they entrust me with" |
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