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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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Get Free Presentation On My Home Marketing.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
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 Compare three mortgages
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Meet Binali I take the real estate needs of my clients extremely seriously - since they entrust me with their biggest personal financial decision. Please view some of my credentials and client testimonials listed below. * Over $250 Million in sales
* RE/MAX Hall of Fame
* One of the top producing agents in Garden State MLS since 1993
* NJAR Circle of Excellence Platinum Award recipient in 2002
* Among top 1% of all realtors in NJ from 1995-2002 Community expertise in Short Hills, Millburn, Livingston, Summit, Chatham, Madison, New Vernon, Mendham, Bernardsville,Basking Ridge, Westfield, Montclair, West Orange and more. Specialties
* Sell your home for the HIGHEST value: state-of-the-art marketing, incorporating internet and other technologies, top notch negotiating skills, extraordinary exposure of your home to all potential buyers. * Exemplary Buyer Representation: Protect your interest every step of the way. Rock solid market expertise, extraordinary support & co-ordination from contract to inspection issues to financing, unparalleled integrity and sound advice. 
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First Time Buyers >The Down Payment
Perhaps no single decision in a real estate purchase has more variables than "How much money do I put down?" Conventional wisdom centers around either putting down as much as you can or as little as the lender allows.
If you put down a large payment, you get some leverage with the lender, such as little or no mortgage insurance, a good equity position, and perhaps a preferred mortgage deal. You will also have lower mortgage payments. One potential disadvantage of a large down payment is that you will be using after-tax dollars on which you could be earning interest. You will also have less tax-deductible interest.
When you buy a home with a low down payment, you will have more tax deductible interest, and your investment value percentage will increase faster. You will have little equity at the outset, and your monthly mortgage payments (and perhaps your interest) will be higher. However, you will also keep more of your own money in hand to potentially earn more interest in other investments.
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| Q |
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
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| A |
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government. |
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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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