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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 973-694-0300.

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"Professional and Honest"
"You were always professional and honest and always there when we needed you.
"Donna and Arthur Rosoff"
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Real Estate - Homes - NUMBER1EXPERTS Sell More!
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Testimonials
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"A Miracle In Itself"

"Dear Joe,

I just wanted to take the time to thank you for the way you handled the sale of my house and your assistance in the purchase of a condo.

We were aware there was probably no worse time to sell a home than we did. In this market you helped us get full asking price (a miracle in itself), and when it looked like the deal was falling apart, you kept it together. You displayed a high degree of professionalism throughout the whole process. When we were buying our condo your guidance helped us negotiate a lower purchase price.
Although no one likes to pay a realtor commission, I can honestly say it was money well spent.
 

Phil Rice

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Real Estate Tips
Financing Your Home >Lenders Want to Say Yes

If you wish to buy a home but consider yourself incapable of getting credit, you may be living in the past in terms of assessing your financial situation. Lenders have become more flexible in underwriting mortgage loans.

A recent survey of mortgage lenders revealed some interesting trends. Ninety-six percent of those surveyed had cut their standard down payment requirements for moderate-income buyers, and 93% said they are more lenient regarding debt-to-income-ratios. Ninety-four percent of those surveyed said they now have more flexible approaches to credit histories, and look at rent and utility payments more than credit cards. Seventy-nine percent of lenders say they have relaxed employment criteria. They now look more at your capacity to generate a stable flow of income rather than requiring a long history at one job.

There are more lenders today, and they are in fierce competition with each other. The home loan industry has created entire markets that cater to those with less-than-perfect credit.

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Real Estate Trivia
Q 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Joe Simone, REALTOR®, real estate agent and broker for Wayne, North Haledon and Hawthorne, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Joe Simone
Preakness Realty

970 Valley Rd
Wayne, NJ. 07470
Phone: 973-694-0300
Cell: 973-941-6000
Email: josephsimone@NUMBER1EXPERT.com

Joe Simone is #1 in Sales Volume in Passaic County for 2005 & 2006

SRESREALTORMLSEqual Housing


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