Coldwell Banker Matherson

About Us:

COLDWELL BANKER currently has 74 Offices on Long Island and COLDWELL BANKER MATHERSON's Offices are the Area's leading Realtors.

The unique marketing efforts at COLDWELL BANKER MATHERSON include the extensive placement of our listed properties on numerous internet and website locations where statistically over 75% of Real Estate Customers and Clients are generated and advertising in our unique COLDWELL BANKER BUYERS GUIDE that is distributed in New York City, Brooklyn, Queens, Staten Island, all of Long Island, as well as locations as far away as Lake George.

Many Sellers are misled by other Realtors who advertise in the local editions of Sunday Newsday's "Long Island Life" Section which means the placement ONLY in local Islip or Babylon Town editions of this publication, therefore not reaching the higher priced Buyers living in Nassau, Queens, Brooklyn, Manhattan and the North Shore, where our marketing efforts are directed. These Buyers, coming from areas West of Suffolk County and along the North Shore, are selling their homes for substantially higher prices which allows them to more easily afford homes in our area.

Purchasers are "Pre-Approved" for mortgages by our affiliate, MortgageAmerica, before Offers to Purchase are presented to Sellers. A critical part of the mortgage process, the Credit Report, is reviewed by us so that a true "Pre-Approval" is provided before presenting any Offer. We review these Reports so that we are made immediately aware of issues that may impact the ability of a potential Buyer to qualify for a Mortgage and thus unnecessarily tie up a home on the market for sale. MortgageAmerica can also provide mortgages for our clients in virtually the entire United States.

2008 is expected to be another consecutive year of continued growth for us at COLDWELL BANKER MATHERSON in Residential and Commercial Real Estate as well as for our affiliated Mortgage Broker, MortgageAmerica. Ultimately, this benefits You, our Clients and Customers.

Areas of Expertise

Resources for Buyers A real estate agent will be your major resource for help and information. Your agent will be your access point for the MLS (Multiple Listing Service), which lists all available properties on the market. While many sites allow you to view the MLS, you will need an agent to actually tour the homes. Beyond simply finding you a home, your agent can often help you find a good source of financing.

Financing is a crucial step in the buying process. It's important to be pre-approved for a mortgage before looking seriously at homes. Pre-approval means that you have been fully screened by the lender and approved for a loan; this can be a huge help when the time comes to make an offer. Most sellers will go with candidates that are pre-approved, since there's less risk that the deal will fall through.

Your real estate agent will also be critical when it comes to negotiating and making your offer. The home buying process is long and involved, but with the right resources--namely, a good agent--it can be exciting and fun.

Get the Agent's Advantage At some point in the selling process, most people consider selling the property themselves. While FSBO (For Sale By Owner) is not necessarily a bad way to go, homeowners typically do not get the same prices as professional agents. Even after factoring in an agent's fees, the amount of work it takes to sell a home tends to make an agent a worthwhile investment.

After finding a real estate agent you trust, the next critical step is pricing your home. Look around at similar houses for sale in your neighborhood and price yours in that range. Of course, the interior and exterior condition of your home will make a large difference. For example, if you've remodeled recently or have new appliances, the price will naturally increase. Your real estate agent will use the MLS (Multiple Listing Service) to come up with an appropriate price; however, this will simply be a suggested price. The final decision will be up to you, which is why it pays to do a bit of comparative research.

The next step is getting your home ready to show. Open houses are critical in stirring up interest in your home, but too few sellers really take the necessary steps to make their homes buyer-friendly. For example, repainting the exterior of your home is relatively inexpensive and offers huge results in terms of curb appeal. Inside, it's best to make your home as free of clutter as possible. You may even want to rent a storage space for extra furniture and items--even your closets should look spacious. The offer(s) on your home will most likely come from open house attendants. After that, your agent will be able to handle most of the details, though the final decisions on price and sale will be yours to make.

Mortgage America

A new breed of mortgage broker Not every borrower has a perfect credit rating. At MortgageAmerica we work with you to determine your needs and what you hope to accomplish, then we tailor a loan to your specific financial situation. We don't expect all of our customers to fit into the same mold - we offer customized service and customized delivery. Flexibility and Simplicity Flexibility. Your needs are as individual as you are. When you come to MortgageAmerica, we offer the flexibility you need to meet your financial goals. We pride ourselves on this type of flexible planning because it allows us to customize loans for all types off borrowers. Whether you wish to purchase a home or refinance for home improvements, or to pay college tuition, you'll find the right loan at MortgageAmerica.
Simplicity. Going through the mortgage process can be very stressful. MortgageAmerica offers solutions that make it as easy as possible. Since the majority of our business is conducted via telephone, we are able to deliver solutions and savings to you without taking time out of your day for lengthy meetings. Even if you don't have an ideal credit rating, we'll ease you through the loan process as smooth as possible as if it were the picture of perfection. Experienced Professionals Every Loan Officer is highly trained and experienced in delivering customized solutions. At MortgageAmerica, you'll always get the friendly voice of a qualified Loan Officer or an experienced Loan Processor who's familiar with your loan. So what can you do for me ?

• A to D credit

• Refinances, second mortgages and purchases

• Up to 90% LTV with 520 FICO scores on firsts

• Purchase Money Firsts Up To 90% LTV

• 80/20 refinance first mortgages. seconds up to 100% LTV

• B/C purchase 80%/5% own funds/15% owner carry back/seller concessions 6% (A &

D credit) C credit 10% down

• Lease with option and land contract can be treated as refinance after first year

• Limited DOC, No Income Verification, up to 95% (on exception basis)

• 106% Financing

• 80% LTV with 1 day bankruptcy discharge

• Condo up to 100% Loan to Value

• Non Owner Occupied up to 85%>

• Foreclosure Bailouts

• 1, 2, 3, & 10 Yr Adjustable Rate Mtgs

Partial Income Verification Loans

• Last six (6) months bank statements-average deposit

Stated Income Verification Loans

• For self-employed borrowers

• For borrowers that are paid cash

• For "stated W-2 wage earners"

24-Month Bank Statement Program Loans

• Average deposits for the past 24 monthsup to 90% LTV priced as a full doc

No Documentation Loan Requirements

• 1003 Loan Application

• Appraisal

• Title Policy

Commercial Loans Construction Loans FHA/VA Loans