James Hughes is one of the nations foremost real estate authorities. His advice to sellers is to put a realistic price on your house. His advice to buyers is if you wait for prices to come down even further , mortgage rates , now at historically low levels, may shoot up. In this article he answers … More An expert’s advice on selling or buying a home in today’s real estate market.
George Johnson has been selling real estate for more than 7 decades. He shares some very interesting observations from previous “down” cycles in real estate, including his real estate experience during the Great Depression. He offers some tips to “young” agents during these trying times. Read more
Experts suspect that perhaps half a million elderly adults are ripped off by family members, lawyers and accountants potentially taking 2.6 billion dollars from infirm elder Americans. The crime is known as elder financial abuse. Some financial experts and consumer advocates are calling it the crime of the 21st century. This is something that is … More Stealing From Grandpa and Grandma
The recent real estate market news can be very disheartening for those trying to sell their homes. If you are considering listing your home for sale, my best advice to you would be to price it right from the outset. Do not try to “test the water” with a higher price with the philosophy that … More Home Sellers Have Little Leverage
Deciding on the right lender to help procure your mortgage is an important decision. It can be overwhelming trying to understand which lender is offering the best deal when comparing interest rate, points, application fee, lock-in fees, etc. It is important to compare lenders based on these various categories so that you make a prudent … More Cut Your Closing Costs
As the news continues to mount pointing to further declines in prices in real estate, many buyers and sellers continue to dig in their heels when it comes to negotiating the price of a home. There is some practical advice that , if utilized, may help both sides move towards a mutually acceptable agreement on … More The Great Standoff Between Sellers and Buyers
For many sellers who are trying to sell their homes in this declining real estate market a short sale is an option being considered. Here , they accept a selling price that is less than the balance on their existing mortgage in the hope that their lender will allow the sale to be completed and … More Buying Again After Completing a Short Sale or Foreclosure
As interest rates continue to go lower, more people are tempted to inquire about refinancing their mortgage. Use this calculator to help you decide if it is worth you while. Calculate Now
Many first-time homebuyers have reported some interesting observations based on their experience in buying a home. Read what they have to say. The experiences they share mirror many of the concerns my clients speak to me about every day. Read more
The Obama administration held hearings this week to discuss possible solutions to the current problems affecting how mortgage loans are made. Since approximately 90% of mortgage loans are backed by one of the governmental agencies, they realize the importance of coming up with a better system that takes the risk away from the government in … More What Happens If Freddie and Fannie Disappear?