Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Frani Morrione, a proven Conshohocken, Blue Bell and Collegeville, Pennsylvania NUMBER1EXPERT™ Top Selling real estate agent. Find Conshohocken, Blue Bell and Collegeville Homes - Find Conshohocken, Blue Bell and Collegeville, Pennsylvania real estate listings & homes for sale provided by Frani Morrione, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Frani Morrione, a proven Conshohocken, Blue Bell and Collegeville, Pennsylvania NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Frani Morrione, a proven Conshohocken, Blue Bell and Collegeville, Pennsylvania NUMBER1EXPERT™ Top Selling real estate agent. Conshohocken, Blue Bell and Collegeville Information - Find local information on Conshohocken, Blue Bell and Collegeville, Pennsylvania including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Frani Morrione, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Frani Morrione, a proven Conshohocken, Blue Bell and Collegeville, Pennsylvania NUMBER1EXPERT™ Top Selling real estate agent. About Frani Morrione - Information about Frani Morrione including testimonials, guarantees, credentials, and contact information. Learn why Frani Morrione is a proven Conshohocken, Blue Bell and Collegeville, Pennsylvania NUMBER1EXPERT™ Top Selling real estate agent. 
Please Sign Up For The Latest Listings and the Latest Real Estate News
About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
|
| Q |
In what U.S. home can you find the world's largest refrigerator magnet collection?
|
| A |
Louise Greenfarb of Las Vegas, Nevada has 35,000 unique fridge magnets that she has been collecting since the 1970's. |
 See More Real Estate Trivia > |
|
|
Frani Morrione, Associate Broker
Prudential Select Properties
404 West Ridge Pike
Suite 100
Conshohocken, PA. 19428
Office: 610-828-9200
Toll Free: 888-778-5060
Fax: 610-238-0448
Send Me A Message: franimorrione@aol.com
Communication and attention to detail is what sets me apart from the rest! With over 20 years of experience and a thorough understanding of the real estate process, I promise to keep you informed every step of the way and will always have your best interests at heart!
PA Licensed REALTOR #AB-065387    
www.FraniMorrione.com is brought to you by
Frani Morrione
NUMBER1EXPERT™ in real estate for
Conshohocken, Blue Bell and Collegeville, Pennsylvania Read Frani Morrione's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
