Explore Hammonton, NJ

By Karl Peidl, Accredited Loan Consultant
Comments 0
    As goes housing, so goes the economy. To combat housing's recent decline and the impact on consumers and Wall Street alike, the Obama Administration recently released the details of the Homeowner Affordability and Stability Plan (HASP). Whether you own a home or not, the impact of the plan wi...

By Karl Peidl, Accredited Loan Consultant
Comments 1
  Title insurance is a policy that is usually issued by a title company to protect the lender against something that might have happened in the past, rather than something that might occur in the future. In essence, an extensive search of public records is conducted by the title company to valid...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Making Home Affordable Homeowners were lent a hand this week by the Obama Administration's newest effort to help families remain in their homes. The 'Making Home Affordable' program was created to help as many as 9 million homeowners who want to stay in their homes, but are struggling with their...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Points are up-front fees paid by the borrower to obtain a better interest rate on a loan. One point equals one percent of the loan amount. And while a lower interest rate may result in a lower monthly payment, it is important to consider how long you intend to be in the loan and to compare curre...

By Karl Peidl, Accredited Loan Consultant
Comments 14
Today I am waiting.  We have all waited.  Despite how busy our lives are and how much we need to accomplish, we allow this to happen.  My question is why has it become acceptable? Why am I waiting?  It's because someone is coming to my house between 11am and 1pm.  They'll be here 30-45 minutes.  ...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Closing costs are expenses that cover fees associated with the transfer of property ownership, fees paid to state and local governments, and the costs of obtaining a mortgage loan. Some of these fees are negotiable, and could be paid by either the buyer or the seller. Some costs are one-time fee...

By Karl Peidl, Accredited Loan Consultant
Comments 4
  When it comes to mortgage loans and interest rates, it's never a good idea to gamble. That's why I typically advise my clients to lock in an interest rate at the earliest opportunity. This is just one step of the standardized system we have put in place to ensure the best possible loan experie...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Warren Buffet says, "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful." While Mr. Buffet was writing about buying stocks, the same can be said for housing today.   Housing issues have permeated the economy both locally and nationally. This...

By Karl Peidl, Accredited Loan Consultant
Comments 4
Direct with Clear Job Descriptions When it comes to training and managing a team, you must start out with a clear vision in directing your team to a common goal through job description and training. Creating a job description and training the individual you hire is very important to the end resul...

By Karl Peidl, Accredited Loan Consultant
Comments 6
  Prices have been slashed!!!   Low financing available!!!   Cash rebates up to $8,000!!!   Due to current economic conditions, we are offering huge savings off over-stocked items.  Buy at prices not seen in 5 years with rates among the lowest in history.  Sale includes, but is not limited to the...

By Karl Peidl, Accredited Loan Consultant
Comments 4
  First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction - a tax credit is equivalent to money in your h...

By Karl Peidl, Accredited Loan Consultant
Comments 11
"Let us resolve to be masters, not the victims, of our history, controlling our own destiny without giving way to blind suspicions and emotions." - John F. Kennedy   I came across this quote today and had to share it.  We are truly facing difficult times.  Times like these create our greatest le...

By Karl Peidl, Accredited Loan Consultant
Comments 0
  It's staggering when you think about the cost of living, especially if you're a renter and not a home owner. If you are currently paying $1,000 a month for rented housing, over the next three years your property management company will effectively have reaped $36,000 of your hard earned cash. ...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Tax Credit for Home buyers First-time home buyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction - a tax credit is equ...

By Karl Peidl, Accredited Loan Consultant
Comments 0
  Natural disasters are a fact of life. Each area of the country has its own challenges, from hurricanes on the Atlantic and Gulf Coasts to tornados in the Plains and earthquakes in California. Regardless of where you live, it's important to have plans in place to ensure that you and your family...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Finding a mortgage that's right for you should be easy. But there are often many different programs to choose from, as well as a myriad of ways to structure the loan in terms of the amount, term, payment, rate, closing costs...the list of options may seem endless.However, because there are so ma...

By Karl Peidl, Accredited Loan Consultant
Comments 6
FIRST-TIME HOMEBUYER TAX CREDIT  As Modified in the American Recovery and Reinvestment Act Major Modifications Underlined February 2009   FEATURE CREDIT AS CREATED JULY 2008 APPLIES TO ALL QUALIFIED PURCHASES ON OR AFTER APRIL 9, 2008 REVISED CREDIT - EFFECTIVE FOR PURCHASES ON OR AFTER JANUARY 1...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Pre-qualification is the first step in obtaining mortgage financing. A potential borrower answers a few questions to provide the loan consultant with a quick snapshot of the borrower's income, existing debt, accumulated savings and whether or not there is a co-borrower. Signature(s) allow the lo...

By Karl Peidl, Accredited Loan Consultant
Comments 4
A good credit score translates into lower interest rates for home-shopping borrowers. In a mortgage lender's eyes, the higher your score is, the less risk you are, and the more likely it is you will pay off your debt. For this reason, borrowers with lower scores usually end up paying higher inte...

By Karl Peidl, Accredited Loan Consultant
Comments 12
    Don't Over-Promise and Under-Deliver You've heard this before - "WOWing" customers is paramount to long-term success in your vocation. One thing you must understand about the concept is that you cannot "WOW" someone if you promise too much and deliver too little. "WOWs" can only be created by...

Hammonton, NJ Real Estate Professionals