The process of Getting Pre-Approved
Posted by PreReal™ Prendamano Real Estate on
Usually the number of buyers searching for their dream home is outnumbered by the number of homes for sale leaving a buyer often needing to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage.
I recommend that you work with your mortgage broker/lender to get pre-approved as soon as possible. Pre-approval will tell you how much you can afford for your new home and help you move faster in competitive markets.
One of the advantages of working with a local real estate agent is that they may have relationships with lenders who will be able to help you with this process, if you don’t have one of your own. When you select a lender the next step is to complete a loan…
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We're proud to announce the sale of 2380 Hylan Blvd, the longtime site of the Excelsior Grand for a sale price of $10,200,000. The property consists of 78,200 SF of land with a two-story building just under 50,000 SF. Casandra Properties served as the listing agent and negotiated the sale on the owner’s behalf. "This is the end of an era with the close of the Excelsior Grand but we're excited to see the transformation of the building with the new owners. They have an incredibly dynamic plan for the building that New Dorp residents will love." - Rob Nixon. This sale serves as a new comp for commercial real estate on Staten Island.
Let's face it - the burden of student loans isn't fun and it is negatively impacting first time millennial home buyers. The total student loan debt in the United States is nearing $1.5 trillion, which is over a 300% increase in the past 15 years, with an average student coming out of college with almost $33,000 to pay off. Not to mention, private loan interest rates can be north of over 12%. Most students coming out with this type of debt have no idea what this actually means and what they're required to pay. Since loans, just like mortgage payments are amortized, a borrower paying minimum payments over the life of a loan can be paying almost just as much interest as the original loan balance. These crippling monthly payments are definitely having a…
Just Leased, 1300 square feet at 1351 Forest Ave Stop and Shop center! One of the busiest shopping centers on Forest Ave’s North Shore.
Casandra Properties is thrilled to announce that Jockey is the latest retailer to join the outstanding lineup of tenants at Empire Outlets. “With Sales in the underwear market segment expected to reach nearly $150 billion by 2021, it made perfect sense to ink this deal with Jockey, America’s foremost undergarment brand” said James Prendamano, CEO of Casandra Properties, Inc.
Working alongside a professional to get you into your next home, or sell your current home, is a must! At times it can be enticing to skip the middle man with hopes of saving some cash. In most states sellers are obligated to pay all broker’s fees associated with the transaction. This means that an individual who is selling their home is not only required to pay their agent that helps them list their home for sale, but also the agent who procures the sale by bringing a buyer to the table. Therefore, it is in homebuyer’s best interest to have a professional work on your behalf to do all the “heavy lifting.”