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"I'm greatful to have GM & the Coach on my team!"

Dear Lynne & Jim,

Thank you so much for all of your help with selling my house in Oconomowoc. I originally listed my home for sale through a different, well-known real estate agency. That experience proved to be very dismal after 6 months of practically nothing.(i.e. no open houses, only a handful of showings, and minimal marketing)

After signing on with Coldwell Banker and because of your elaborate marketing efforts, the number of internet hits, showings, and open houses increased exponentially....even with the economy and housing market being in shambles. Although we ended up with a short-sale, the entire experience, including working with the banks, flowed much more smoothly than most short-sales. As a result of your determination and dedication, it took just 45 days from the date of the accepted offer to the date of the closing, instead of 90-120 days like we were told by the banks. I am truly greatful to have "GM & The Coach" on my team! Guess who I will call when I decide to buy another home?

Thank You again,

Jennie 

Jennie

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Real Estate Tips
First Time Buyers >Good Faith Estimates

Several years ago the U.S. Congress tried to protect consumers from a few unscrupulous lenders by requiring all lenders to calculate and disclose the annual percentage rate (APR) you pay on your mortgage loan. But most homebuyers will learn more by directing their attention to the Good Faith Estimate of Settlement Costs (GFE). Although Congress meant well, in practice the APR is not helpful and may be confusing.

If you are looking for a good way to understand your costs of borrowing and/or to compare one lender's costs to another, the GFE is your best bet. Get your lender(s) to provide a written GFE before you commit your mortgage business. When reviewing a GFE, keep in mind that the lender actually controls only a certain portion of the disclosed costs. Other parties typically control costs of appraisal, settlement, title insurance, recording fees and taxes, survey, and the "prepaid" expenses of homeowner's insurance, mortgage insurance, real estate taxes, etc. Review these origination fees, discount points, etc. and you will have the ability to understand the full costs of your proposed mortgage loan.

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Real Estate Trivia
Q 
How many rooms are there in the U.S. President's primary residence?

A 
There are 132 rooms in the White House.
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Lynne & Jim Knurr, REALTOR®, real estate agent and broker for Lake Country, Brookfield and Menomonee Falls, Wisconsin home listings, property and land for sale - NUMBER1EXPERT(tm)

G.M. & The Coach
Lynne & Jim Knurr

Coldwell Banker Residential Brokerage
20350 Watertower Blvd.
Brookfield, WI 53045
414-350-8345
Fax: 262-798-8441
lynneknurr@NUMBER1EXPERT.com

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