Part I_Some Preliminary Information Be it the real estate market in 2008 or any other real estate market for that matter, the structure of a real estate purchase contract offer can be the difference in it being accepted or rejected. No, the offering price is not the only factor in negotiating a c
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12/27/2008
When selling a home, there are many factors which affect market value and the eventual sale price of a home, such as location, condition, size, amenities, features, improvements and upgrades, local economic conditions, the current real estate market and mortgage interest rates, among others. Some
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12/21/2008
Now is the Time to Think About Saving Money! Mortgage Interest Rates continue to fall! As reported yesterday by Freddie Mac , "the average rate on 30 year fixed mortgages dropped to 5.19% from the year's previous low of 5.47%". And that is the average rate for mortgages across the Country. I have
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12/19/2008
Why Isn't There More Excitement? It is not too late to take advantage of the new $7,500 First Time Buyer IRS Tax Credit, included in the enactment of the Housing and Economic Recovery Act of 2008, which applies to first time buyer home purchases of a principle residence between April 8, 2008 and
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10/31/2008
Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter?Considering taking advantage of the favorable mortgage interest rates? Considering taking advantage of these historically low mortgage rates to look for and buy a home? Before taking the time to
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10/19/2008