Smartphones are just about the norm today, and almost everyone is looking for the newest and coolest apps to use on their phones. The same can be said for people who are involved in real estate. Whether you are an agent, a home buyer, or a home seller, you will more than likely want that new app that wll make the process easier and more streamlined.
There are actually quite a few real estate related smartphone apps available, some good and some bad, however here are a couple of new ones that are grabbing a lot of attention.
Karl’s Mortgage Calculator
To be fair, there are a lot of mortgage calculator apps available, many of them really good. The thing that separates Karl’s Mortgage Calculator from from other mortgage calculators is the fact that not only does it calculate mortgage payments using the principal loan amount, interest and term, but factors in mortgage insurance, homeowners association dues, property taxes and homeowners’ insurance. Basically everything else that needs to be factored in, Karl’s Mortgage Calculator App covers it all. Adding all these extra amounts in helps you see a more clear picture of what your monthy expenses will really look like.
There are all sorts of scenarios you can plug into the app. Want to see what kinds of savings you are getting, or how early you can pay your mortgage off? The app does it for you, you simply punch in the text needed.
One downside, this app is not available for iPhone users, right now it is only available on the android market. However, there are plenty of nice alternatives for iPhone users.
- Cost: Free
- Apple alternative: Mortgage Calculator Pro, or search the app store using the term “mortgage calculators.”
Dictionary of Real Estate Terms
Struggling with real estate terms? Who doesn’t at some point or another… The “Dictionary of Real Estate Terms” app is now available to help you in such situations. we all know there is a ton or jargon and acronyms that can get lost on us, so why not take advantage of this sleek app that will help you define just about any real estate term imaginable.
The app itself includes more than 3,000 real estate terms, graphs and charts. Everything you need to get through the home buying or home selling process. The app also gives you the ability to save your searches, as well as email and tweet terms. An interesting option, though I don;t think tweeting real estate terms is a popular practice these days.
The main advantage this app gives you is that you don’t have to have an internet connection to use the dictionary. This can be a huge advantage to you.
- Available: Apple and Android Systems.
- Cost: $1.99 (Apple) and 99 cents (Android)
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