“Never a Pre-Payment Penalty”

“Never a Pre-Payment Penalty”




Good Morning Joe, 

Hope you are doing well. 

It's XXXX a year later & we have run into another potential house.  

The figure will likely be a hefty $450,000.00 and we're looking to put $100,000.00 down to meet the 20% down to avoid the PMI. Could you give me your best APR for a "fixed rate for both 15 & 30 years, without a pre-payment penalty" please? 

If we meet a price in the next week or so, I'll be looking to finalize the offer and do the closing sometime between Memorial Day and mid-June. 

My credit stands at 750 and I prefer not to do a credit check at this point, as I had one done in the past week or two. 

Also, if I may ask ... I may try to sell my own house as a 4-Sale by Owner for one month before going real estate direction.  May I ask you the suggestion that you had for posting on MLS? 

Thanks for your time, XXXX



Fortunately, the sale of the current home is not a factor for the new purchase, but I would still recommend Listing with a Realtor in most cases.


The market is so competitive in most areas and this client loves to negotiate and look for the right deal. Hopefully success will finally happen now, a year later.


Image courtesy of Stuartmiles/freedigitalphotos.net

Subscribe to my blog via Email:


Enter your email address:

Delivered by FeedBurner


Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com



Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 4 commentsJoe Petrowsky • April 10 2018 03:23PM


You said it like a Pro would:

Fortunately, the sale of the current home is not a factor for the new purchase, but I would still recommend Listing with a Realtor in most cases.

Posted by Sham Reddy CRS, CRS (H E R Realty, Dayton, OH) about 1 year ago

Thanks for the support you always give us as Realtors- keep the good news coming! 

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) about 1 year ago

Good morning Joe. Nice that the customer does not need to sell his present home currently. A loyal fan it seems. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 1 year ago

That can be the most valuable month you are giving up by trying to amateur your way through a sale, espeically if you found the home of your dreams.

Posted by Joe Pryor, REALTOR® - Oklahoma Investment Properties (The Virtual Real Estate Team) about 1 year ago