1. Here are very important tips for buyers:

1). Only Work With One Real Estate Agent.

All agents use the same multiple listing service (MLS) If you use more than one agent, the agent can not be effective in working for YOU.

2). Do Not Attempt To Negotiate With The Seller Yourself

Your agent is trained to negotiate with the seller and has your best interest in mind

3). Do Not Go To A Home Without Your Agent

4). Your Agent Can Provide Information On ANY Home On The Market Regardless Of The Listing Agency

If you see a home listed with any real estate agency, simply jot down the address and agency name and call us. We will research the property, provide you with the details and arrange appointments to see the property.

5). Please Make Multiple Copies Of All Information Required By Your Mortgage Company

Mortgage companies have many different departments. Each department needs various copies of your information. Many times the mortgage company will ask for the same paperwork repeatedly. Having multiple copies of all information required will make the mortgage process easier and reduce stress.


For more information Call Thomas J Smith & Amanda Nichols – RE/MAX At Barnegat Bay – Manahawkin Call/text 609 709-1429 or Amanda Call/text 848-992-1783 Office: 609-971-5111

3. Visit our website: www.Sellertom.com For more good stuff!
New articles, new blogs, new videos and much more. While you are visiting, click on the contact Tom button and let us know what you think & what topics you would like Tom & Amanda cover.

Top 8 things you should not do before applying for a home loan
1.DON'T .. buy or lease an auto.
The lender looks carefully at the debt-to-income ratio and a large payment such as a car lease or loan can greatly impact those ratios and prevent you from qualifying. Also, each time an auto dealer or car insurance company checks your credit, your credit rating could be affected..

2. DON'T .. be tempted by low introductory rates or store discounts offered with new credit cards.
Each time a creditor opens an account for you they check your credit. Each time they check your credit, an inquiry is created in your credit file, which could affect your credit rating. And each new account that is opened could further impact on your credit rating because you are taking on more debt.

3. DON'T .. move assets from one bank to another.
These show up as new accounts or large deposits and complicate the application process, if you must, then document the source of funds for each new account. It is better to let the lender verify each account before you move the funds around.

4. DON'T .. change jobs.
Even if you earned bonuses or commissions in your previous job, the lender will not be able to use this income in a new job until you have a year or two of earnings history behind you, which could seriously impact your ability to qualify for a loan.

5. DON'T .. buy new furniture or major appliances for the "new house".
If the new purchase increases your debt load, it can disqualify you from the loan or deplete your funds to close. And don't forget, each time someone checks your credit or you open a new account, your credit rating can be affected.

6. DON'T .. attempt to consolidate bills before speaking to your lender.
The lender can advise you if this needs to be done.

7. DON'T .. pack or ship information that may be needed for the loan application.
important paperwork such as w-2's, divorce decrees death certificates, and tax returns should not be sent with your household goods. Duplicate copies can take weeks.

8. DON'T .. throw away pay stubs and bank statements.
Save everything until after your loan closes. You will need to provide one to two months' worth of documentation when you apply for your loan, and you may need to provide additional paperwork prior to closing.


For more helpful tips call Thomas J Smith & Amanda Nichols – RE/MAX At Barnegat Bay – Manahawkin Call/text 609 709-1429 or Amanda Call/text 848-992-1783 Office: 609-971-5111