Short Hills, Summit, Maplewood and Millburn real estate and homes for sale in New Jersey - Margaret "Maggee" Miggins, REALTOR® Maggee Miggins REALTOR(r) for Short Hills, Summit, Maplewood and Millburn, New Jersey real estate - NUMBER1EXPERT™ Maggee Miggins NUMBER1EXPERT(tm) for Short Hills, Summit, Maplewood and Millburn, New Jersey real estate
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Maggee Miggins, REALTORŪ, real estate agent and broker for Short Hills, Summit, Maplewood and Millburn New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 973-879-9711.


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Real Estate Tips
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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Real Estate Trivia
Q 
Which home is #1 on the Top 10 list for most-visited Historic Home in the United States?

A 
Graceland, the palatial home of Elvis Presley in Memphis, TN, attracts 600,000 visitors a year.
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Maggee Miggins, REALTORŪ, real estate agent and broker for Short Hills, Summit, Maplewood and Millburn New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Maggee Miggins
Keller Williams Mid-Town Direct Realty

181 Maplewood Ave
Maplewood, NJ 07040
Office: 973-762-5400
Fax: 973-762-5401
Cellular: 973-879-9711
Email: MaggeeMiggins@NUMBER1EXPERT.com

Maggee believes the purchase or sale of a house is among the most important personal and investment decisions people have to make. She prepares her clients carefully and is with them at each step of the process. With a sixth sense for timing and superb negotiating skills, Maggee assists prospective buyers and sellers in making their decisions at the optimum moment from an investment standpoint. Her willingness to walk the extra mile to achieve a fair transaction accounts for a large and steady flow of referrals and requests for her service as a Realtor. Maggee has been in the real estate field for eight years. She has won many prestigious awards for her success in the residential sales market and is well respected in the real estate community. Not one to sit on her laurels, she keeps abreast of the field through professional conferences and courses on marketing strategies and trends. Before entering the field Maggee worked for Winchester Gardens assisting individuals transitioning from independent living to retirement community life. Maggee holds membership in the New Jersey Association of Realtors. She is a lifelong resident of Essex County including South Orange, Maplewood and Short Hills.


Keller Williams Mid Town Direct Realty

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