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All agents are NOT alike! Find out why we are top real estate experts. Call us: 908-782-0175.
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We Guarantee Client Satisfaction in Everything We Do!  Joanne and Mike have four sons. They have lived in the Hunterdon/Somerset area since 1982. Joanne began selling real estate in 1992 and has established herself as a Top Producer who has created lasting relationships and raving fans from her long list of satisfied clients. Joanne enjoys all forms of dance, pilates and longs walks along the Delaware river. Mike was in the corporate world as a research scientist for the past 34 years. He has worked as a consultant for start-up companies in the New England area, and has been a principal in a number of new business ventures. He is an experienced real estate investor. Both Joanne and Mike enjoy spending time with their sons and daughters-in-law. They have been studio potters for the past twenty eight years. Mike is an avid Horseman and belongs to the American Quarter Horse Association and the National Reining Horse Association. Both he and Joanne are members of the National Corvette Restoration Society and the Corvette Club of America. |
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Interest Rates >Locking in Loan Rates It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.
While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.
The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.
Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.
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What did 75% of 10,000 buyers surveyed by the NAR list as their top reasons for selecting a Real Estate Professional?
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Knowledge of the housing market, knowledge of real estate practices and financing, and familiarity with neighborhoods. |
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"I interviewed a number of agents to market my home. Joanne impressed me with her knowledge, aggressiveness and professionalism. Joanne was prompt to respond to my concerns. She was both a good sounding board and advisor. I will highly recommend her." John Calandrello "Joanne takes great pride in the quality of her work and is extremely self motivated. She maintains a cheerful demeanor and is always friendly, courteous, and dependable. We usually take a very active role in assuring that our expectations are met. We didn't have that burden with Joanne: she met and exceeded our expectations." Judi and Tom Sumoski "It was a pleasure to deal with such an honest and professional Realtor. You have gone out of your way to help us find the ideal home...and achieve our goal. Thank you for keeping me "sane" throughout the whole selling and buying process. I will certainly recommend you to anyone who plans to buy or sell." Ellen Sanita |
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- NUMBER1EXPERTS™ 
