West Fargo and Fargo real estate and homes for sale in North Dakota - Morris Pyle and Michelle Abbott, REALTORS® Morris Pyle and Michelle Abbott REALTORS(r) for West Fargo and Fargo, North Dakota real estate - NUMBER1EXPERTS™ Morris Pyle and Michelle Abbott NUMBER1EXPERTS(tm) for West Fargo and Fargo, North Dakota real estate
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Morris Pyle and Michelle Abbott, REALTOR®, real estate agents and broker for West Fargo and Fargo North Dakota home listings, property and land for sale - NUMBER1EXPERT(tm)

All agents are NOT alike! Find out why we are top real estate experts - call today 701-238-1652.


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Mortgage Prequalification: West Fargo and Fargo North Dakota home buying, real estate listings, and homes for sale in Cass County, ND
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 West Fargo and Fargo REALTORS® 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
Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Real Estate Trivia
Q 
What does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Morris Pyle and Michelle Abbott, REALTOR®, real estate agents and broker for West Fargo and Fargo North Dakota home listings, property and land for sale - NUMBER1EXPERT(tm)

The Morris Pyle Team
RE/MAX Realty 2000

3218 South 20th Street
Fargo, ND. 58104
Morris: 701-238-1652
Michelle: 701-866-3296
Brian: 701-238-6615
Fax: 1-866-872-5877
email: morrispyle@NUMBER1EXPERT.com

Morris Pyle is the most recognized real estate professional in the Fargo-Moorhead area with over 35 years full-time experience as a broker, he is a top producer for the entire region! Being awarded the most Real Estate designations (ABR, CCIM, CRB, CRS, GRI, MIRM) you can trust in The Morris Pyle Team's ability to lead you through your entire real estate transaction – take advantage of our profound knowledge of the area and the profession!

ABRCRBCRSEqual HousingGRIMLSREALTOR


RE/MAX Realty 2000 real estate and homes for sale in West Fargo and Fargo North Dakota

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