Mortgage rates remain at a historic low. If you haven’t refinanced in a while, now just may be the time! Before you jump into the pool with both feet, make sure you consider the following: Know your options. Comparing quotes from at least three different lenders...
On October 1, the limit on loans that government controlled mortgage agencies, Fannie Mae and Freddie Mac, can guarantee will drop from $729,750 to a maximum of $625,500, unless Congress intervenes. In September, lawmakers called for a short-term extension of regulations, hoping to allow the...
It took the sheer force of nature to make Dorothy from The Wizard of Oz realize there was no place like home. It turns out that owning one’s home still ranks at the top of the list for most Americans, but why do consumers want...
The seemingly changing news of financial news makes it challenging to know what to do as a seller in this market. But if traffic through that attractive 4-bedroom has been less than stellar, don’t get cold feet and yank the property off the market. Instead,...
These days, there are so many ways to keep in touch with clients, colleagues, family, and friends; sometimes it’s hard to keep them straight! Instead of a distant voice in your ear or words in a chat window, there’s a way to be face to...
Because most commercial real estate properties are for investment, the decision by an investor to purchase the commercial property is primarily based upon a financial performance analysis of the asset. A couple months ago, we discussed CAP rates, one of the fundamental components of the...
Short sales often conjure thoughts of lengthy negotiations, tedious paperwork, and a never-ending closing process. Fortunately, mortgage lenders and the United States federal government are working to change this. As such, it is important for real estate professionals to understand how these changes in the...
There’s a lot of talk these days about sustainable and “green” living, and new construction is no exception to this new way of life. Heavy hitters such as Goldman Sachs, JP Morgan Chase, and IBM Corporation have recently started making their mark in the...
Over the last year, geographic based applications have been popping up like wild flowers. Yelp is probably one the best known, which started out as a place to review restaurants and locate venues close to your physical location. To date, there are dozens of applications...
The process of buying a home most often entails a great deal of time, research and planning. As such, the last thing a new homeowner needs is the stress and aggravation associated with broken appliances in the home. One step that can assist in avoiding...
