Cary and Fox River Grove real estate and homes for sale in Illinois, Residential Real Estate - Bill and Luanne Hauck, REALTORS® Bill  and Luanne Hauck REALTORS(r) for Cary and Fox River Grove, Illinois real estate, Residential Real Estate - NUMBER1EXPERTS™ Bill  and Luanne Hauck NUMBER1EXPERTS(tm) for Cary and Fox River Grove, Illinois real estate, Residential Real Estate
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Mortgage Prequalification: Cary and Fox River Grove Illinois home buying, real estate listings, and homes for sale in McHenry                        County, IL
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 Realtors to offer services such as these. 

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Real Estate Tips
About Appraisals >Best Interests of the Buyer

Who represents the homebuyer in the transaction? The most common scenario is for homebuyers to purchase a home with the help of the seller's listing agent. In this case, known as "dual agent representation," the real estate agent assists both the sellers and the buyers. However, it is also possible for the buyers to ask another realtor to represent their interests exclusively, acting as the "buyer's agent," a service which is available at no additional cost to the homebuyer.

Any licensed real estate agent can act as your buyer's agent, helping you to locate and look at properties in your price range. However, if that real estate agent works for the same brokerage that is listing a particular property, dual agency or designated agent rules will then apply. The buyer's agent will advise the buyer if issues arise such as termite damage or significant material defects appearing on the home inspection report. If the home appraisal comes in at less than the asking price, the agent will represent the buyer's interest, working with the seller and the lender to negotiate a satisfactory resolution.

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Real Estate Trivia
Q 
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A 
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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Bill  and Luanne Hauck, REALTORŪ, real estate agents and broker for Cary and Fox River Grove Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Bill and Luanne Hauck
RE/MAX of Barrington

306 West Northwest Hwy
Barrington, IL
Il 60010
Office Main: 847-381-8800
Office Fax: 888-624-7629
Bills Cell Phone: 847-624-3272
Bills Email: hauck@mc.net
Luannes Email: luanne@PreLovedHomes.com

"Let The Haucks Find You A New Nest" Welcome to our web site. We are Bill ( Broker agent)and Luanne (Assistant) Hauck of RE/MAX of Barrington. We are the #1 Husband and Wife team at RE/MAX of Barrington, McHenry Counties largest selling real estate company. We go the extra mile to help you achieve your goals. That's why we constantly research the market and property values so your home is priced effectively from day one to coincide with our marketing plan getting you the most return on your investment. We also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers. Call or email us today!

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