Let Me Personally Search for a Home that Matches Your Criteria, for Free and Without Obligation. As a top Millburn/Short Hills, Maplewood and South Orange real estate agent, I make it my business to be aware of every local home or property on the market. I even know of properties that will be available, but have yet to formally be placed on the market. I have direct access to the Millburn/Short Hills, Maplewood and South Orange area MLS (Multiple Listings Service), and also to every other agents in the area and all of their listings. If you give me some idea of what you are looking for, I will personally review all my sources of real estate listing information and send you everything within your price range that matches your criteria. I can save you a great deal of time! This is a totally free service, and there is no obligation. It's part of my job to offer services like this to homebuyers.  Tell me what you are looking for! It's my job to know every property in Millburn/Short Hills, Maplewood and South Orange, even ones not listed online. My personal search for you is FREE and without obligation. Please give me as many details as possible...
Financing Your Home >Assuming a Mortgage
You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.
Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today.
Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.
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The upper walls of what famous holy temple are lined with gold?
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The Golden Temple in Amritsar, India is the most sacred temple and spiritual center of the Sikhs. |
 See More Real Estate Trivia > |
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Stephanie Mallios
Coldwell Banker Residential Brokerage
545 Millburn Ave
Short Hills, NJ 07078
Phone 1: 973-376-5115
Phone 2: 201-404-1972
eFax: 973-387-4657
Stephanie.Mallios@cbmoves.com
Real Estate has changed a great deal since I started helping clients in 1987. Buyers and sellers have a greater knowledge about the market than ever before and they expect more from their agent. My clients rely on me to guide them through the challenges of buying and selling their homes and helping them achieve their dreams and goals. Experience counts. It takes commitment, passion and caring to be there for you, in up markets and down, always remembering, it’s not about me.
It’s all about you and your dreams!  
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