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There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
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His services were exemplary!
When we are ready to relocate to California, we will have Frank handle the sale and assist us in the relocation.
Peter & Patricia DeLeon, Shoreham, NY
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 Compare three mortgages at one time.
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Frank Zamarelli is one of The Top
Selling Real Estate Experts™
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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 631-724-8500X17.
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Special Offers: Special offers for Long Island, Smithtown and Stony Brook homeowners
from Frank Zamarelli, top Realtor |
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Affiliates: Frank Zamarelli's real estate web site
affiliates |
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eNewsletter: Frank Zamarelli's Long Island, Smithtown and Stony Brook newsletter email will
send you the latest real estate information |
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Today's Real Estate News: Daily real estate news for this neighborhood, New York, and
United States |
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Market Conditions Report: Market conditions report for this area, New York, and
United States |
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Monthly Payments & Schedule: Monthly loan payments java
mortgage calculator |
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How Much Can You Afford?: Calculate how much home
you can afford with this financial calculator |
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Determine Tax Savings: Calculate how much your
monthly Long Island, Smithtown and Stony Brook New York mortgage payments save you on your
taxes because of loan interest |
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Should You Rent or Buy?: Is it better to rent a
home in New York or buy your own Long Island, Smithtown and Stony Brook house, ranch,
luxury property, condominium, acreage, or other real estate? |
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Adjustable Rate Mortgages: Adjustable rate
Long Island, Smithtown and Stony Brook mortgages information and interest rate java
calculator |
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What Is Your APR?: Determine the Annual Percentage Rate (APR) for your mortgage. |
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Fixed or Adjustable Rate Mortgage?: Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM. |
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Are Balloon Mortgages For You?: Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers. |
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15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms. |
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How Much Should Your Income Be?: What income is required to qualify for a mortgage? Use this calculator to find out. |
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What's Your Maximum Mortgage?:This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount. |
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Will Buying Points Save You Money?:This calculator helps you determine if you should pay for points, or use the money to increase your down payment. |
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TripleCalc: FREE Software
Download: TripleCalc lets you compare three loans at one time for your property
or other New York real estate |
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Top National Real Estate Web Sites: Real Estate Web Sites
that include some unique sources of realty information, listings, and
more |
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Ask Anything: Ask Frank Zamarelli
anything real estate |
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NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agents and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale |
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Real Estate Tips: Frank Zamarelli's realty
library of real estate tips and advice on everything from preparing your home
for sale to negotiating with home buyers to escrow, closing costs, property
inspections, and mortgage brokers |
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Real Estate Trivia: Frank Zamarelli's collection of real estate trivia questions
and answers that include real estate topics such as the most expensive home,
largest swimming pool, and more |
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Real Estate Dictionary: Complete real estate
dictionary and glossary of realty words you'll use when you list and sell your
Long Island, Smithtown and Stony Brook property in New York, including legal terms
definitions, and more |
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Making An Offer >Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?
The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.
If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.
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What is a Buyer Broker?
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A buyer broker represents buyers, helping them to find the best property and negotiate the best purchase price and terms.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
