Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Pat Berzanski, a proven Chester, Long Valley, Washington and Mendham, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. Find Chester, Long Valley, Washington and Mendham Homes - Find Chester, Long Valley, Washington and Mendham, New Jersey real estate listings & homes for sale provided by Pat Berzanski, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Pat Berzanski, a proven Chester, Long Valley, Washington and Mendham, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Pat Berzanski, a proven Chester, Long Valley, Washington and Mendham, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. Chester, Long Valley, Washington and Mendham Information - Find local information on Chester, Long Valley, Washington and Mendham, New Jersey including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Pat Berzanski, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Pat Berzanski, a proven Chester, Long Valley, Washington and Mendham, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. About Pat Berzanski - Information about Pat Berzanski including testimonials, guarantees, credentials, and contact information. Learn why Pat Berzanski is a proven Chester, Long Valley, Washington and Mendham, New Jersey NUMBER1EXPERT™ Top Selling real estate agent. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >When Interest Rates Rise
Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.
One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.
If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.
|
| Q |
What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
|
| A |
Real Estate--it goes through cycles, but still has a long-term record of strong investment return. |
 See More Real Estate Trivia > |
|
|
Pat Berzanski
Weichert Realtors
142 Main Street
Chester, NJ. 07930
Office: 908-879-7010 ext 141
Home: 973-448-3887
Cell: 973-713-4795
Fax: 973-691-4407
Email: PatBerzanski@NUMBER1EXPERT.com
I am an 16 year veteran in the real estate industry working full time for my clients. My expertise lies in the areas of relocation and residential real estate. I am a member of the Million Dollar Sales Club at the silver level as well as a member of Weichert Realtors President's Club - the top 1% of the company.    
www.patbsellsnj.com is brought to you by
Pat Berzanski
NUMBER1EXPERT™ in real estate for
Chester, Long Valley, Washington and Mendham, New Jersey Read Pat Berzanski's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
