Posted on October 18, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
An alternative to a non-conforming loan is the use of a land contract, which is allowed in some states. A land contract is an agreement between a buyer and a seller, where the buyer agrees to make periodic payments to the seller. The title to the property...
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Posted on September 13, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
There really is no such thing as a no-cost mortgage loan. There are always costs, such as appraisal fees, escrow fees, title insurance fees, document fees, processing fees, flood certification fees, recording fees, notary fees, tax service fees, wire fees...
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Posted on August 9, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
How would you like a mortgage loan where you did not have to make the whole payment if you did not want to? Or would you like a loan with an interest rate about 1% below a thirty-year fixed rate mortgage and pay zero points? Or a loan where you did not ha...
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Posted on July 5, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
What kind of lender is best?
If you ask a loan officer, "What kind of lender is best?" the answer will be whatever kind of company he works for and he will give you a list of reasons why. If you meet the same loan officer years later, and he works for a ...
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Posted on May 31, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
What is a FICO® Score?
FICO® stands for Fair Isaac & Company and is the name for the most well known credit scoring system, used by Experian. The credit bureau's computer evaluates a complete credit profile and assigns a score, which is used to estimat...
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Posted on May 20, 2019 - 08:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
In the olden days, when someone wanted a home loan they walked downtown to the neighborhood bank or savings & loan. If the bank had extra funds lying around and considered you a good credit risk, they would lend you the money from their own funds.
It doe...
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Posted on May 6, 2019 - 08:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
Have you received an advertisement offering to save you thousands of dollars on your thirty-year mortgage and cut years off your payments? With email spam becoming more pervasive as everyone tries to get rich quick on the Internet, these ads are popping u...
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Posted on April 26, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
Mortgage Bankers
Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans, which are then sold directly to Fannie Mae, Freddie Mac, Ginnie Mae, jumbo loan investors, and others. Any company that does this is conside...
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Posted on March 29, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
Your First Step Toward Buying a Home
When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet. Some potential buyers read how-to articles like this one. The next...
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Posted on March 29, 2019 - 09:35 AM
by JoAnn McElfresh, Managing Broker Jenkins Realtors
Have These Items Ready When You Apply For a Loan
It used to be that lenders mailed out verifications to employers, banks, mortgage companies, and so on, in order to verify the data supplied by borrowers. Nowadays, the interest is often in speed and getti...
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Jenkins Realtors provide an exceptional experience in home buying and selling. The Jenkins family have sold three of our homes. All three of the sales happened in under two weeks!! The most recent sale (Mid December 2020) closed in 7 days! The day we listed our home we had two offers. When dealing with our agent (JoAnn McElfresh), she was professional and responsive, answering texts and phone calls very quickly. Our agent was very knowledgeable offering help with the staging of the home we sold and helping with remodeling ideas on our new home. Selling and buying a home can be overwhelming to say the least, but Jenkins Realtors help to make it an enjoyable experience. Thank you so much!! I highly recommend!
Greg Michael
(5 star review)
My wife and I had the pleasure of working JoAnn over five years ago when we purchased our home in Rensselaer. When it came time to sell our house we, once again, chose JoAnn to be our real estate agent. She has worked tirelessly on our behalf in a very difficult market. At last, we closed on the sale of our home and the credit goes to JoAnn. We are thankful to have gotten to know her professionally and personally and highly recommend her to anyone selling or purchasing a home.
Bob
(5 star review)
I’ve worked with JoAnn and Noelle on several real estate transactions. I’m always impressed with their professionalism and excellent communication. I highly recommend working with them!Daniel A
(5 star review)
It has a been a pleasure to work with Noelle. She has help us get in to our home even during the current health crisis. Jenkins has been amazing I can’t say enough about how awesome the were to work with.
Derek and Anthony Madson - 7/29/2020
(5 star review)
Very professional, responsive and flexible. JoAnn took care of everything for us! Highly recommend!Nickolas Hitchings
(5 star review)
JoAnn McElfresh is a sellers dream come true. She not only sold my home within days of listing with Jenkins Realty. She was able to guide me to the correct resources I needed to complete the sale of my home. Her professionalism and knowledge of real estate is truly an asset to the Rensselaer Community. The legacy of Jenkins Realty continues on with JoAnn. Her father, Larry, would be so proud....... .Connie Bailey