Most Americans have the goal of owning their home free and clear. The “benefits” of eliminating their mortgage as quickly as possible have been programmed into the American psyche for …
“Delayed Financing.” What Every Realtor and All-Cash Buyer Should Know.
According to RealtyTrac, over 50% of home purchases in New York this year have been “all-cash” transactions. That’s an incredibly high figure! Many of these buyers were foreign investors. …
Continue Reading about “Delayed Financing.” What Every Realtor and All-Cash Buyer Should Know. →
Important Safety Message for All Real Estate Agents
The following incident should serve as a wake-up call to real estate offices and their agents everywhere. As reported in the May 14, 2014 Charlotte Observer, Brian …
Continue Reading about Important Safety Message for All Real Estate Agents →
Shop for the Truth, NOT the Answer.
My clients appreciate that I always tell them the truth and advise them accurately. What I tell them is not always what they want to hear; but it IS what they need to hear. Yet, every once …
Continue Reading about Shop for the Truth, NOT the Answer. →
Anti-Money Laundering Laws and How They Affect Mortgage Borrowers
It’s no secret mortgage lending is not as simple as it used to be. National underwriting guidelines require a rather invasive review of a borrower’s income, credit, and asset histories. …
Continue Reading about Anti-Money Laundering Laws and How They Affect Mortgage Borrowers →
The “90 Day Rule.” What Home Buyers Need to Know When Purchasing “All Cash.”
For the past few years, local Realtors have seen a large number of properties being purchased with cash. While many of these buyers have been foreign investors, many have been New Yorkers, flush with …