Press Release

New Enhancements on Weichert.com Make it Easier to Secure a Mortgage and Other Services Online

11/16/2006

MORRIS PLAINS, N.J. – Home buyers on Weichert, Realtors® popular Web site, weichert.com, will find it easier to start their mortgage search online, see how a home fits into their monthly budget, and conveniently access an array of move-related services, thanks to several Web site enhancements unveiled recently. 

 

Weichert Financial Services President Fred Watkins said, “These enhancements fully integrate Weichert’s many valuable one-stop-shopping services into the Web site, while making these services simpler for the online consumer to access.  Most importantly, this online convenience is backed up by the personal service of our Gold Services Managers.  These mortgage experts are always available to explain, counsel, and answer any questions the consumer may have.”

 

Key among the enhancements is that prospective home buyers can submit a streamlined mortgage-information form directly from weichert.com.  A Gold Services Manager typically gets back to the buyer that very day to discuss mortgage options and arrive at a monthly payment comfortable for that buyer.  Same-day mortgage credit approvals are the norm. The buyer can then shop for a home with complete financial confidence.  The mortgage credit approvals are subject only to an acceptable home appraisal. 

 

Another helpful new feature is that estimated mortgage payments are displayed alongside most property listings, just as they are in most Weichert newspaper ads.   The estimated monthly mortgage payments currently shown are based on the 3/1 Interest-Only A.R.M., one of more than 360 mortgage products offered by Weichert Financial Services to qualified borrowers.  This particular adjustable rate mortgage allows borrowers the flexibility of paying just the interest on the loan in any given month or paying down as much principal as their budget allows.  Online buyers have only to click on “Apply Online” to initiate the mortgage process for virtually any type of home financing. 

 

Home financing is just one of many one-stop-shopping services available through the Weichert Gold® Services program, which now is instantly accessible through weichert.com.  Depending upon geographic area, the available services may include homeowner’s and title insurance, moving services, utility connections, and a host of other home-related services -- all offered at no added cost and often at a discount. 

 

Mike Montsko, president of Weichert Lead Network, which oversaw and developed the website enhancements said, “These latest improvements combine the convenience of the Internet with the advantage of being able to connect to a real person, a Gold Services Manager, who can further streamline services for you.” 

 

For more information on mortgage pre-approvals, home financing, and other real-estate related services, contact the Gold Services Manager serving your local Weichert, Realtors office or call 1-800-USA-SOLD.

 

Weichert.com consistently ranks in the “Top 5” of broker real estate websites, according to Hitwise, a competitive intelligence service that monitors and measures Internet usage. 

 

Weichert has more than 18,400 sales associates in nearly 470 company-owned and franchised sales offices in key markets throughout the U.S.  A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance.  For more information, call Weichert's customer service center at 1-800-USA-SOLD or visit Weichert's Web site, www.weichert.com. Each Weichert franchised office is independently owned and operated.