Columbia, Ellicott City, Silver Spring real estate and homes for sale in Maryland - The McGinn Real Estate Group, REALTORS® The McGinn Real Estate Group REALTORS(r) for Columbia, Ellicott City, Silver Spring, Maryland real estate - NUMBER1EXPERTS™ The McGinn Real Estate Group NUMBER1EXPERTS(tm) for Columbia, Ellicott City, Silver Spring, Maryland real estate
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The McGinn Real Estate Group, REALTOR®, real estate agents and broker for Columbia, Ellicott City, Silver Spring Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)


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Mortgage Prequalification: Columbia, Ellicott City, Silver Spring Maryland home buying, real estate listings, and homes for sale in Howard and Montgomery County, MD
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 Maryland real estate agents to offer services such as these. 

Once you fill out the form, we will quickly process your information and get right back to you! 

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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Real Estate Tips
Real Estate Contracts >The Sales Price

After your search for a house and all the negotiations are over, you arrive at the the sales price. Finally, you feel some certainty about your bottom line. However, it is not unusual for there to be disagreements about what is included in the sales price. Careful drafting of the paperwork can help to avoid future disputes.

The following definitions may help. Real property is land and any permanent attachments, such as buildings, landscaping and fences. Personal property consists of movable possessions, such as furniture and clothing. A fixture is defined as an item of personal property which has become part of the real property by virtue of becoming permanently attached, such as a new sink, a Jacuzzi, or a chandelier.

The principal area of dispute about the sales price often relates to fixtures. Most preprinted real estate contracts will provide space for the fixtures to be listed. Whether you are selling or buying, you should make use of this space. Do not assume curtains, satellite discs, antennas or fireplace equipment come with the house. You should also make it very clear what you don't want left on the property. If you are specific about every item that may be questionable, you will greatly reduce the chances of a dispute after the closing.

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Real Estate Trivia
Q 
What is the world's most capacious building?

A 
The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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The McGinn Real Estate Group, REALTOR®, real estate agents and broker for Columbia, Ellicott City, Silver Spring Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

The McGinn Real Estate Group
RE/MAX 100

11000 Broken Land Pkwy, Ste 200
Columbia, MD. 21044
Phone: 410-715-3219
Toll Free: 800-899-7629
Fax: 410-740-8258
Email: boydmcginn@NUMBER1EXPERT.com

Welcome to the McGinn Real Estate Group! We have been serving home- buyers and sellers for over 30 years. Whether you are interested in selling your home, are a first time buyer, or an experienced investor, we have all the information you need for everything involved in making an informed real estate decision in today's market.

Equal HousingMLSREALTOR


RE/MAX 100 real estate and homes for sale in Columbia, Ellicott City, Silver Spring Maryland

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