Tel: 516-302-1090 Facebook Icon Twitter Icon Google Plus Icon

Dispelling Lending Myths

  Obstacles to home-ownership have reached such mythical proportions that many prospective home buyers believe it’s futile to even try!  Fortunately, many of these perceived obstacles have little or no basis in reality.

After hearing many of these misconceptions from home buyers and real estate professionals alike, let’s take a moment to dispel these . . . → Read More: Dispelling Lending Myths

When is the Best Time to Buy a Home?

 

With twenty-five years’ in the mortgage industry, I’ve pretty much seen it all.  I’ve seen buyer’s markets and seller’s markets.  I’ve seen rates way up and rates at all-time lows.  I’ve seen home values appreciate out of sight and home values spiral back to earth.  Through every market, prospective home buyers have asked, . . . → Read More: When is the Best Time to Buy a Home?

It Doesn’t Take A Rocket To Get To The Top.

 

I had an idea for a new business.  It’s a website where sick patients can go to diagnose their ailment.  Simply type in your symptoms and the website will diagnose your disease, prescribe medication, and ship it to your door within 24 hours.  No need to speak to a doctor or a pharmacist.  . . . → Read More: It Doesn’t Take A Rocket To Get To The Top.

Changes to the STAR Rebate Program

 

The New York State School Tax Relief Program (more commonly known as the STAR Program), is a school tax rebate program offered in New York State aimed at reducing school district property taxes on the primary residences of New York residents.  The program is similar to (but is much less extensive than) the . . . → Read More: Changes to the STAR Rebate Program

As Simple as a Rocket? I Think Not.

 

There are people who would like you to believe that all products and services should be as easy to choose as a pack of chewing gum.  In fact, Senator Elizabeth Warren notoriously once said that obtaining a mortgage should be as simple as buying a box of cereal.

 

But is that truly . . . → Read More: As Simple as a Rocket? I Think Not.

Buy A Home With 1% Down!

 

Every once in a while, a new loan product becomes available that can dramatically help more consumers to own a home.  I’m proud to introduce a new program aimed towards helping first-time buyers become homeowners:

 

 

Mortgage Wealth Advisors has begun offering Conventional 1% Down Payment Mortgages with Equity Boost!

 

 

. . . → Read More: Buy A Home With 1% Down!

The Ten Commandments

 

The following Ten Commandments When Buying a Home or Applying for a Mortgage has been circulating online for many years.  It has been published and republished by many real estate companies and lenders.  While the original author is not known, this does not negate the importance that every potential mortgage applicant abide by . . . → Read More: The Ten Commandments

Still Think it’s Better to Apply Directly To A Bank? Borrowers Share Shocking (Yet Predictable) Experiences.

 

Sometimes borrowers don’t initially appreciate the value of working with a Certified Mortgage Planning Specialist® like me. They rhetorically ask, “Why would I have a problem going to my bank for a mortgage?” The answer is frequently wasted time, poor advice, lost investment opportunities, and tens of thousands of dollars in additional costs . . . → Read More: Still Think it’s Better to Apply Directly To A Bank? Borrowers Share Shocking (Yet Predictable) Experiences.

Top Five Reasons You May Lose The Home of Your Dreams!

 

Buying a home has never been more affordable! Home values are stable in many metro New York neighborhoods and interest rates are still at historically extreme low levels. This combination has resulted in people having dramatically more buying power than they’ve had in decades!

 

Yet buying a home in today’s market requires . . . → Read More: Top Five Reasons You May Lose The Home of Your Dreams!

What Do Millennial Buyers Want?

 

“Millennial” is the label describing the generation of young adults born between about 1980 and the early 2000’s. They’ve become the largest generation of Americans outnumbering even Baby Boomers. According to the National Association of Realtors’ 2015 Home Buyer and Seller Generational Trends Survey, Millennials are now the largest group of homebuyers, dominating . . . → Read More: What Do Millennial Buyers Want?