Tag Archives: homebuyers

12 Things That Homebuyers Need To Know!

Whether a first-time homebuyer, buyer of a second home, trading-up or downsizing these are 12 important things you need to know! From an article at Inman.com titled ‘12 things every new, retiring and second homebuyer should know‘… 1. Create a plan Take a look at your lifestyle, finances and activities. What’s most important to you? […]

If You Build A Home They (Buyers) Will Come But…

What happens when potential homebuyers come and there is no inventory in the market for sale? This issue seems to be exactly what’s occurring in many parts of the United States and, as we enter the spring buying season, it poses a serious problem for anxious homebuyers. From an article at the Keeping Current Matters blog these are […]

The Housing Market And An Analogy To Rice Krispies!

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In the search for new ways to describe the state of the U.S residential real estate, how about an analogy to breakfast cereal! The article below, ‘Housing Goes Snap, Crackle & Pop?‘, was written by Jonathan Miller. For those that may be unfamiliar, Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm […]

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 […]

Title Insurance: 5 Things Every Homebuyer And Mortgage Refinancer Should Know!

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Typically a homebuyer will let their attorney take the lead when it comes to the title insurance portion of a purchase transaction! Similarly those refinancing a mortgage will do the same with their lending institution. And while that is certainly all well and good think about this…In any purchase that a consumer makes (particularly expensive and important […]

New York City Housing Market: 2016 Predictions!

Summary: Will 2016 be a repeat of 2015 or…Taking out the crystal ball, what do you suppose that we can we expect from the New York City residential real estate market in 2016? Using any variety of metrics, 2015 was a very good year for the New York City residential real estate market! That is actually […]

Fed Decision: It’s The Final Countdown (Video)

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Summary: Fed rate hikes, like eating Lay’s potato chips, are rarely done just once. Will the Fed raise rates tomorrow as expected and then what will be its plan going forward? ‘Fed Decision: It’s The Final Countdown (Video)‘ Today the Fed begins to deliberate about what will likely be the first interest rate hike in nine […]

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 […]

Caution…Delayed Closings Ahead…TRID Is Coming October 3rd!

With the implementation of the new mortgage disclosure requirements on the horizon, aka TRID, will the result be delayed residential real estate closings? On September 21st in an article titled ‘TRID And Residential Mortgages: How It Will Significantly Change The Loan Process!‘, the who, what where and how of the new mortgage disclosure requirements were […]

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 […]