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Binali Patel

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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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Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
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"Binali is the epitome of a great realtor"
"She communicates with her customers clearly and respectfully."
Krishna Veerareddy, Short Hills
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First Time Home Buyers
Welcome > For Buyers > First Time Homebuyers ...

Buying Your First Home? Real Estate Agents Are Your Professional Guides. Make Sure You Choose a Top Expert. 

You might be a bit afraid or intimidated by the whole process of buying your first home. As a top Short Hills, Millburn, Livingston and Summit real estate expert, it's my job to guide you, from beginning to end. 

I will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell me a bit about your situation below. I'll get right back to you. There is absolutely no charge, and I offer this to you with no strings attached. 

New to the home buying process? Tell me your concerns. Ask me questions. It's my job to help! There's no obligation, and I promise to get back to you quickly... 

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School Reports in Short Hills, Millburn, Livingston and Summit, New Jersey
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New Jersey Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
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Real Estate Tips
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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See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Who is "Fannie Mae" and why is she a big name in real estate?

A 
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders.
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Binali Patel, REALTOR®, real estate agent and broker for Short Hills, Millburn, Livingston and Summit, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

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"

RE/MAX Achievers

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