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Linda Hoffmann, REALTORŪ, real estate agent and broker for Evanston Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)






All agents are NOT alike! Find out why I am a top real estate expert. Call me: 847-962-5810


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Mortgage Prequalification: Evanston Illinois home buying, real estate listings, and homes for sale in Cook County, IL
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. 

I help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: I will respect your privacy! I know this is your personal information, and I will not distribute it to anyone, other than to my preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of my job as a top Evanston Realtor to offer services such as these. 

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

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

About You
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About Your Move
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Real Estate Tips
First Time Buyers >Insuring Your Home

Many home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified "yes". Although the buyer is not yet the recorded owner of the property, he or she has an insurable interest in the property as soon as the agreement of sale is executed by both the buyer and seller.

Should you get hazard insurance before the closing? It depends. Buyers do not usually insure a property until the title passes to them from the seller. However, it's wise to know what the agreement between you and the seller stipulates with regard to insurance.

Most agreements state that the property will be insured for a specific amount. This is very important to both parties. From the buyer's point of view, it is also critical that an adequate sum or full replacement value be stipulated. Watch out for agreements which read "as now insured". This is an all-too-common practice which usually indicates that the seller does not to want to increase inadequate insurance coverage.

See All Tips In The "First Time Buyers" Category >
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Real Estate Trivia
Q 
What is considered one of the greatest U.S. construction projects that was also of great strategic importance to the U.S.?

A 
The Panama Canal, begun in 1904 and completed in August, 1914, which cost $366,650,000.
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Linda Hoffmann, REALTORŪ, real estate agent and broker for Evanston Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Linda Hoffmann Realtor Associate
Prudential Rubloff

1620 Sherman Ave.
Evanston, IL 60201
Office: 847-425-5244
Fax: 847-425-5544
Email: Linda@LindaEvanston.com

Linda combines experience, technology, and individuality to create a truly innovative approach to her profession. Buyers and sellers love working with Linda because she is always available, either by phone or by e-mail. Her diverse background and personality helps to serve a wider scope of clientele. In a nutshell, Linda loves using technology to make real estate more fun and efficient.

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