Cincinnati, Anderson Township and Loveland real estate and homes for sale in Ohio, residential, relocation- Peggy Schott and Nellie Schott Schweer, REALTORS® Peggy Schott and Nellie Schott Schweer REALTORS(r) for Cincinnati, Anderson Township and Loveland, Ohio real estate, residential, relocation - NUMBER1EXPERTS™ Peggy Schott and Nellie Schott Schweer NUMBER1EXPERTS(tm) for Cincinnati, Anderson Township and Loveland, Ohio real estate, residential, relocation
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Peggy Schott and Nellie Schott Schweer, REALTORŪ, real estate agent and broker for Cincinnati, Anderson Township and Loveland Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! "We offer more service than you can imagine". Call us: 513-474-5000.


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Mortgage Prequalification: Cincinnati, Anderson Township and Loveland Ohio home buying, real estate listings, and homes for sale in Hamilton County, OH
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Cincinnati, Anderson Township and Loveland REALTORSŪ to offer services such as these. 

Once you fill out the form, we will quickly process your information and get right back to you! 

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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Real Estate Tips
First Time Buyers >The Seller May Pay

The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.

One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.

Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.

See All Tips In The "First Time Buyers" Category >
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Real Estate Trivia
Q 
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?

A 
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year.
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Peggy Schott and Nellie Schott Schweer, REALTORŪ, real estate agent and broker for Cincinnati, Anderson Township and Loveland Ohio home listings, property and land for sale - NUMBER1EXPERT(tm)

Peggy Schott and Nellie Schott Schweer
Coldwell Banker West Shell, Anderson Office

7946 Beechmont Ave
Anderson, Cincinnati
Ohio 45255
Office: 513-474-5000
Peggy Cell : 513-607-0487
Nellie Cell : 513-608-2638
Coldwell Banker West Fax: 513-388-4354
Peggy Home Fax : 513-231-6123
Peggy@PeggySchott.com
Nellie@NellieSchweer.com

Peggy and Nellie are the leaders of the SCHOTT ALLSTARS TEAM at Coldwell Banker West Shell. For immediate service call Peggy at (513) 607-0487 or Nellie at (513) 608-2638. "Expect more service than you can imagine."

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Coldwell Banker West Shell real estate and homes for sale in Cincinnati, Anderson Township and Loveland Ohio

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