Monday, May 28, 2007

Value of your property!

There are key factors that influence the market value of your property, some we can control, and other we have no control over them.

These factors we have control over them: Condition of the property, Timing and terms of the sale.
These factors we have no control over them: Location, Age, size of house and lot, floor plan, the market conditions (interest rates, buyer demand, and state of the economy), and the competition (similar properties for sale).

Some factors have no effect on the current value of your property: Original price, needed proceeds, and what people say your property is worth.

Your house has many values to your lender and insurance company, the tax assessor, and to you! Market Value is "The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale.

Assessed Value is the term that your local government uses for determining your real estate tax bill.

From Coldwell Banker to RE/MAX!


I just moved from a Coldwell Banker office to RE/MAX a couple of weeks ago. Now I can provide my clients with the complete resources of North America’s premier real estate organization. As RE/MAX sales associate, I take pride in being part of an elite network of more than 120000 Associates.

Affiliation with the RE/MAX network provides me with multiple competitive advantages in serving the real estate needs. From powerful national television advertising to personal advertising, innovative buyer services and seller services marketing systems.

Nobody in the world sells more real estate than RE/MAX!

First lender to accept payment by credit card!

American Home Mortgage Corp., the Melville-based mortgage lender and investor, is breaking new ground with an agreement American Express to become the first mortgage lender to accept payment by credit card, the company announced this week.

The deal is American Express card holders will be able to pay loans originated at American Home through American Express' new Express Rewards Mortgage program.
Imagine earning travel miles, rewards and cash back just for charging your mortgage payments.

Click here for more information!