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Check out my feature properties where you will find a number of great homes. Be the first to learn about new listings by signing-up to receive my latest listings. Also, expand your search by searching the entire MLS! Take time to explore my buyers section, where you will discover useful information whether you are a first time buyer, need to pre-qualify for a mortgage, or just want to check the daily real estate news!
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I am on the cutting edge of the internet real estate market. To get your home SOLD! I make maximum use of the internet. Click here to learn how. In my sellers section, you will find a wealth of FREE information! At no cost or obligation I will provide you with an in-home presentation, a comparative market analysis and much much more! I will get you the results you are looking for. Let me be of service today!
About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
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What document must lenders provide within three days of receiving your application for financing?
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| A |
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan. |
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Roger Bediner
Prudential New Jersey Properties
50 E. Mt. Pleasant Ave
Livingston, NJ 07039
Office : 973-992-6363 x140
Out of Area: 800-994-8205
Fax: 973-992-4863
rogerbediner@NUMBER1EXPERT.Com
Roger has dedicated his career to the local New Jersey real estate market for over a decade. Roger’s technical savvy give his clients the edge they need in today’s real estate market. Roger has received many awards including the New Jersey Association of Realtors Circle of Excellence, Multi-Million Dollar Sales Club and Prudential's Honor Society. Roger’s hope is to help you establish your roots here and to grow with you through life. Give him a call today at (973) 992-6363 x140!  
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