This past week, the Consumer Financial Protection Bureau (CFPB) announced that two of the three major credit reporting agencies (TransUnion and Equifax) that are responsible for providing consumer credit scores, have been fined for misrepresenting and misleading millions of Americans.
Kudos to Shmuel Shayowitz on featuring the age-old question in the January 5 Jewish Link issue featuring “Open Houses: Worthwhile or Worthless?” The article certainly gives good pointers and the information is vital for consumers who are either selling or looking for a home to purchase. As an experienced realtor,
Real estate scams have been proliferating all over the country, and even the most astute and vigilant among us can fall prey to the scammers. From young people, seeking their first rental in Manhattan, to older folks facing foreclosure—all are potential victims. Never assume that you are too smart or too experienced to fall into a trap:
We all know the common saying, “Time is money.” On the surface, it means time is a valuable commodity, so it’s best to do things as quickly as possible. When it comes to real estate and house-hunting, I would like to suggest that this expression means that one should spend the necessary time on things that get the best
This is it: 2017 is the year you will finally buy a home! But even once you’ve made the ultimate decision to make the leap into homeownership, your hard work is far from complete. Buying a home is a big commitment and costs a lot of money — and getting the mortgage you want at the best interest rate possible is enough
An Adjustable Rate Mortgage is a perfect solution for borrowers who are interested in saving money with a lower interest rate. In the past, the adjustable rate mortgage was the topic of many articles. Those articles pointed out the negatives, but overlooked the positives. Proper up-front analysis is the key. Some borrowers bought houses they couldn’t afford
The elections are over and thus far we have been left with a volatile marketplace that has propelled the stock markets to historic levels, and caused interest rates to climb to 24 month highs. As the year is coming to an end, Democrats,
In the course of buying a home, sellers may offer buyers home warranties as a means of inducing or sweetening a sale. Depending upon what is specifically covered in the warranty contract, buyers of older homes may find reassurance in the promise that, should the home’s named appliances and systems fail to function, the homeowner will be
My relatives recently sold their apartment, and the contract signing was delayed by over a month because their identification numbers on the apartment registration were from expired passports, which had since been replaced by new passports with new passport numbers.
Soon after this
(BPT) Cold temperatures, snow, sleet and ice can all wreak havoc on your home’s gutters, windows and gardens, but it can have even more harmful effects on exterior wooden surfaces, such as decks, siding or roof shingles. Residing in Rhode Island, Pete Flood, whose family founded the Flood wood care brand 175 years ago, knows this
The stock market is soaring, jobs are climbing, incomes are increasing, and interest rates are on the rise - yet the home ownership rate is at a 50-year low. If rates continue their upturn, and the economy remains healthy, it doesn’t appear that this statistic will be changing any time soon. One of the primary reasons for this
Buying a home is a proud moment and a major investment for anyone. Prior to submitting an offer it is important to do your research and find out as much information as you can. As a potential buyer, part of this process includes touring the house, having an inspection done and using those results along with other comparisons to