Monroe County and Northampton County Weather Get Monroe County and Northampton County Weather Reports Here We have 4 beautiful seasons in the Poconos. Click Here to take a look at the average temperatures throughout the year.
Click on image for larger photo
Request my Free Monroe County and Northampton County Relocation Package. It's packed full of useful and important information about the Monroe County and Northampton County, Pennsylvania area. Don't move here without it! It's my job to know EVERYTHING about Monroe County and Northampton County! Ask me any question. Or request a FREE information package. There's no obligation, and I promise to get back to you quickly... 
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 document must lenders provide within three days of receiving your application for financing?
|
| A |
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan. |
 See More Real Estate Trivia > |
|
|
Bob Kelly
Keller Williams Real Estate
637 Main St.
Stroudsburg, PA 18360
PA License #RS287521
Direct: 570-242-4400
Office: 570-421-2890 x4884
Fax: 570-227-0062
Toll Free: 1-866-410-5355
bob@kellyrealtygroup.com
I pride myself on knowing the area and information surrounding it. The Poconos Region is changing rapidly and it is my job to know what economic and social influences are, or will be affecting areas with-in our region. This way I can best assist you in locating to the best area possible. If you choose to make the move to the beautiful Poconos area, you can count on me and any of my team members to provide superior service to you and your family, no matter how large or small the task. Simply just ask. We look forward to working for you.
 
www.PoconosHomeSales.com is brought to you by
Bob Kelly
NUMBER1EXPERT™ in real estate for
East Stroudsburg, Stroudsburg and Mt. Pocono, Pennsylvania Read Bob Kelly's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
;void 0)
;void 0)
;void 0)
;void 0)
