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Team Pacilio, REALTORŪ, real estate agents and broker for Carmel, Indianapolis and Fishers Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Prequalification: Carmel, Indianapolis and Fishers Indiana home buying, real estate listings, and homes for sale in Hamilton, Marion County, IN
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 Carmel, Indianapolis and Fishers 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
About Appraisals >Professional Appraisals

Before your mortgage application is approved, the lender will order a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal will be based on the complexity of the appraisal report and the time required to complete it.

A professional appraiser will choose the appraisal technique that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood.

The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.

See All Tips In The "About Appraisals" Category >
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Real Estate Trivia
Q 
What famous person said this? "Real Estate is the best investment in the world because it is the only thing they're not making anymore!"

A 
Will Rogers, who began his career as a rope-throwing cowboy and later became a famous stage and film star.
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Team Pacilio, REALTORŪ, real estate agents and broker for Carmel, Indianapolis and Fishers Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Team Pacilio
RE/MAX Ability Plus

15 E. Main Street
Suite 200
Carmel, IN. 46032
Direct: 317-569-9662
Office: 317-216-8500
Toll Free: 888-818-8285
Email: John@JohnPacilio.com

John specializes in value added processes for buying and selling real estate. He applies the knowledge gained from his professional consulting background in his approach to the real estate business to enhance the experience for his clients. His success is evident by a strong business growth pattern and the loyalty of his many repeat customers.

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