Tag Archives: first-time homebuyer

Residential Real Estate Buyers: Beware Of Wire Fraud Scams!

Residential Real Estat photo

Phishing, spoofing, cyberfraud and spyware are all terms that relate to a third party’s desire to invade your computer and, in many instances, to compromise your non-public information! In other words these scams are designed in their most malicious form to steal a consumers personal information, whether birthdate, social security number or credit cards, and utilize them […]

Title Insurance: Do You Know What You’re Paying For?

title insurance ripoffs

Can a homebuyer or mortgage refinancer actually pay too much buying title insurance? Isn’t title insurance all the same no matter who’s providing it? Won’t my attorney/mortgage banker be looking out for my best interests? The answers to those questions are a qualified yes, no and hopefully so! With the Spring buying season now upon us and […]

Mortgage Rates Up But Still Affordable! (Chart)

Are homes still affordable?

In mid-October 2016 the average 30-year fixed mortgage rate was 3.64% and a 15-year fixed at 2.93%! Now, post-presidential election and based on the fixed income markets belief that the economy is going to improve thus spurring further rate increases by the Federal Reserve, 30-year fixed rate mortgages are on average 4.31% and 15-year fixed […]

In Which New York State School Districts Are The Teachers Considered The Best*? (Ranking)

Real Estate, School Districts And Teachers Often when homebuyers with children, or those who are planning on having children, make a choice concerning towns to consider purchasing in the quality of the school district will loom large in their list of criteria. Using that logic it would stand to reason that many (although not all) of […]

To What Lengths Will Hallmark Abstract Service Go For Clients? (Video)

NYC title insurance,Long Island title insurance

This photo is a portrayal of just how far that is! In other words if there is ever an instance where an attorney, property owner, property buyer, mortgage bank or anyone else find themselves in the midst of a title insurance related emergency, Hallmark Abstract Service will scale or descend from any height necessary to help! The truth is, however, […]

List Of Do’s And Don’ts For Soon-To-Be Home Buyers!

For anyone who is in the market to buy a home or soon will be, finding the right property is typically only half of the battle! The other half, unless one is paying cash, is applying for a mortgage and then fighting the battle to ultimately be approved. In the pre-financial crisis world qualifying for a […]

How Do You Select The Right Real Estate Agent? (Infographic)

real estate agent,homebuyer,home seller

Whether you are a seller or buyer of what is, or will likely be, the largest financial transaction of your life…  Selecting the right real estate agent is a key piece of the puzzle! That said, and with the plethora of real estate agents in the marketplace to select from, how does a consumer make […]

The Ten Commandments For Homebuyers And Mortgage Applicants!

The desire to buy a home is all well and good but, unless it’s an all-cash transaction, financial decision-making is critically important! Post-financial crisis the underwriting methodology and criteria for residential mortgage loans swung in the exact opposite direction from where they had been in the go-go years of real estate. Before the financial crisis and in […]

12-Month Checklist For First-Time Homebuyers!

If you are beginning the search for your first home, the process CANNOT start the day before you visit the first potential property! Whether you are the eager future homeowner, the real estate agent that’s been selected, a concerned parent offering counsel (solicited or perhaps even un-solicited), the mortgage advisor providing a pre-qualification or the real estate […]

Title Insurance: Why You Should Purchase An Owner’s Policy

Imagine that you’re buying a home and the question of whether or not to purchase an owner’s title insurance policy is raised! If you’re getting a mortgage to finance a portion of your transaction then your lender will require a title insurance policy to protect their investment. And while you as the buyer have the option of […]