Newton, Baxter and Colfax real estate and homes for sale in Iowa, residential properties and acreages - Geri Doyle and Caren DeVoe, REALTORS® Geri Doyle and Caren DeVoe REALTORS(r) for Newton, Baxter and Colfax, Iowa real estate, residential properties and acreages - NUMBER1EXPERTS™ Geri Doyle and Caren DeVoe NUMBER1EXPERTS(tm) for Newton, Baxter and Colfax, Iowa real estate residential properties and acreages

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Geri Doyle and Caren DeVoe, REALTORŪ, real estate agents and broker for Newton, Baxter and Colfax Iowa home listings, property and land for sale - NUMBER1EXPERT(tm)
Let us find you a home! Call us at: 641-792-5678 for Geri, 641-792-5999 for Caren or Toll Free: 866-792-5656.

Geri Doyle (Doyle & DeVoe Iowa Realty): Real Estate - Other in Newton, Jasper County, Iowa


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Mortgage Prequalification: Newton, Baxter and Colfax Iowa home buying, real estate listings, and homes for sale in Jasper County, IA
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. 

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

Remember: We will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Newton, Colfax, and Baxter Realtors to offer services such as these. 

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

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Real Estate Tips
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.

See All Tips In The "About Appraisals" Category >
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Real Estate Trivia
Q 
What was the longest distance a building has ever been moved?

A 
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.
See More Real Estate Trivia >



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Geri Doyle and Caren DeVoe, REALTORŪ, real estate agents and broker for Newton, Baxter and Colfax Iowa home listings, property and land for sale - NUMBER1EXPERT(tm)

Doyle & DeVoe
Doyle & DeVoe-Iowa Realty

1802 S. 12th Ave. W.
Newton, IA 50208
Geri: 641-792-5678
Caren: 641-792-5999
Fax: 641-792-5668
Geri Doyle: gerid@iowatelecom.net
Caren DeVoe: cdevoe@iowatelecom.net

Geri,CRS, e-Pro, and Caren, Broker Associate, know how important it is to have caring professionals to help you when you're making a move. They give you the one-to-one attention you deserve. Buying or selling a home is an important step for a family. We connect with our clients both on a professional and an emotional level. There are many decisions to be made when purchasing or selling a home. Count on us to keep you informed of the market trends and latest conditions so you can make informed decisions when the time comes.

CRSeProEqual HousingMLSREALTOR


Doyle & DeVoe-Iowa Realty real estate and homes for sale in Newton, Baxter and Colfax Iowa




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