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.
Find Out More >
View All Offers >
|
"You did a great job! Thank you for everything!"
"We've always been impressed by your talents in real estate and trusted that you would come through for us."
Jim & Rosemary W.
Read Quote >
View All Quotes >
|
 Compare three mortgages
at one time. Download TripleCalc now. It's free. |
Diane Rapel-Zierak is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
Welcome!
Your home for great information on Chester, Long Valley, Mendham and Washington Township, New Jersey Real Estate... 
Looking for homes?
Visit my Feature Properties section to see my latest listings.
Or Search All Listings currently availabe in my area!
Looking for local real estate information?
Check out information about the Chester, Long Valley, Mendham and Washington Township real estate market in this site.
While a web site can't replace the hands on help and advise of an actual, in the flesh, real estate agent, I've set up this site to provide you with plenty of information and tools to be well on your way to finding the home you are looking for or to determine if now is the time to sell.
BUYERS:
Check out these useful tools if you are considering buying a home --
SELLERS:
Find out why I am uniquely positioned to market your home!
Just let me know when you are ready to move forward. Your privacy will be respected.
I know that buying and selling a home is a huge event in your life. Let me help you to navigate that process and come out with the best options available.
- Diane Rapel-Zierak 
About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
|
| Q |
What is the largest city square in the world?
|
| A |
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres. |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT 
