Ann Arbor, Dexter, and Saline real estate and homes for sale in Michigan - Nancy Bishop, REALTOR® Nancy Bishop REALTOR(r) for Ann Arbor, Dexter, and Saline, Michigan real estate - NUMBER1EXPERT™ Nancy Bishop NUMBER1EXPERT(tm) for Ann Arbor, Dexter, and Saline, Michigan real estate

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Nancy Bishop, REALTORŪ, real estate agent and broker for Ann Arbor, Dexter, and Saline Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 734-761-3040.


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Mortgage Prequalification: Ann Arbor, Dexter, and Saline Michigan home buying, real estate listings, and homes for sale in Washtenaw                      County, MI
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

I help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: I will respect your privacy! I know this is your personal information, and I will not distribute it to anyone, other than to my preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of my job as a top Ann Arbor, Dexter, and Saline Realtor to offer services such as these. 

Once you fill out the form, I will quickly process your information and get right back to you!
 

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Real Estate Tips
Disclosure Laws >Avoiding Delays During Escrow

Unforeseen problems can arise during escrow, and closing dates are never set in stone! Lenders, appraisers, title attorneys, credit check services, or anyone who is involved in the transaction could potentially delay a closing. Stay in close touch with your real estate agent, who will notify you of deadlines and help you deal with delays.

Well-written sales contracts are the key to avoiding problems during escrow. For example, provisions can be included in the agreement that require the buyer to provide evidence of sufficient funds for down payment and closing costs, or to present proof of the ability to obtain homeowner's insurance. Because of new restrictions on insurance policies, the mortgage lender may require insurance before funding the loan.

There is also a section in the sales contract wherein the seller makes a warranty to the buyer of the condition of the property. It is important to make sure that this clause is modified to reflect the seller's transfer disclosure statement. If this is not done, the seller could be required to repair items that are found to be dysfunctional or faulty, and this could add time to the escrow period.

See All Tips In The "Disclosure Laws" Category >
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Real Estate Trivia
Q 
What is the most common street name in the US?

A 
Second Street ranks as the most common street name. First Street is not #1 because many "First" streets are called "Main" Street.
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Nancy Bishop, REALTORŪ, real estate agent and broker for Ann Arbor, Dexter, and Saline Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Nancy Bishop
Edward Surovell Realtors

1898 W. Stadium Blvd
Ann Arbor, MI 48103
734-761-3040
734-646-1333
734-741-5577
Fax: 866-520-3998
Email: NancyBishop@NUMBER1EXPERT.com
Email: Nancy@NancyBishop.com

Nancy Bishop is one of The Premier Real Estate Agents in the United States. She really "Knows" the Ann Arbor Area and provides "Signature Services" to her clients. Nancy is a "Gateway" to Everything the Community Has to Offer. Call or email Nancy today!


Edward Surovell Realtors real estate and homes for sale in Ann Arbor, Dexter, and Saline Michigan

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