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Buying a Home? Here Are The Top Five Things People Fail to Consider About The Neighborhood.

 

Buying a home is an emotionally charged process. Many people go home searching without giving enough thought and research to the neighborhoods they’re looking in. While most people will consider the school district and their distance and commute to work, it never occurs to them to consider these lesser known factors. Here are . . . → Read More: Buying a Home? Here Are The Top Five Things People Fail to Consider About The Neighborhood.

The Autumn Real Estate Market Starts Soon. What Opportunities and Dangers Await After Labor Day?

 

With the autumn real estate season starting after Labor Day, it’s important that home buyers and sellers understand how the market has changed this year and what we expect to see throughout the remainder of the year.

Starter homes are still in high demand with many new listings receiving multiple bids.  However, the . . . → Read More: The Autumn Real Estate Market Starts Soon. What Opportunities and Dangers Await After Labor Day?

Real Estate Market in Metro NY is Changing. Are YOU Prepared?

 

For the past several years, home values across New York City and Long Island have been on a meteoric rise as home buyers battled over meager inventory and slim choosings.  However, the real estate market is now beginning to change.

Multi-million dollar homes have experienced price reductions and are taking longer to sell.  . . . → Read More: Real Estate Market in Metro NY is Changing. Are YOU Prepared?

Mortgage Brokers Are Making a Comeback

 

Before the Great Recession and housing market crash, mortgage brokers at their peak accounted for two-thirds of all mortgage originations in the United States. Yet, while mortgage brokers were serving their communities by closing more loans than banks, after the crash, the too-big-to-fail banks were bailed out with taxpayer dollars, while most of . . . → Read More: Mortgage Brokers Are Making a Comeback

What Do Homebuyers Think of the Mortgage Industry?

 

A recent survey has uncovered some disturbing – and often inaccurate – opinions homebuyers have about the mortgage industry.

Value Insured, a Dallas-based insurance company, surveyed 1,019 homebuyers.  (While some interesting statistics emerged, I should note these statistics reflect the exact opposite of other much larger consumer surveys.  See “Even in the Digital . . . → Read More: What Do Homebuyers Think of the Mortgage Industry?

ATTN: Realtors! Protect Your Life! Ensure Your Buyers Are ACCURATELY Pre-Qualified!

 

 

This article’s title may be a bit flippant, but my message is quite serious!  Please read on…

In September 2014, Beverly Carter, an Arkansas realtor was kidnapped and murdered by a couple posing as home buyers.  Her kidnapers claimed they targeted Ms. Carter because she was successful (read “wealthy”) and because they . . . → Read More: ATTN: Realtors! Protect Your Life! Ensure Your Buyers Are ACCURATELY Pre-Qualified!

Don’t Be Fooled By Deceptive Press Coverage & Propaganda. The CFPB Is In Need of A Shakeup.

 

In recent weeks, there’s been considerable criticism from major news outlets over President Trump’s appointment of Mick Mulvaney as the new Director of the Consumer Financial Protection Bureau (CFPB).  After all, as Congressman from South Carolina and later OMB Director, Mulvaney was a strong critic of the CFPB since the agency has acted . . . → Read More: Don’t Be Fooled By Deceptive Press Coverage & Propaganda. The CFPB Is In Need of A Shakeup.

FICO or FAKO?? The Credit Score You’ve Obtained May Not Be So.

 

This article inspired and edited from a recently published article by Alan Hayon, Certified FICO Professional and President of Credit Advisory Group (CreditAdvisoryGroup.com) in Garden City, New York.

 

Many consumers preparing to purchase a home obtain credit scores from websites like Credit Karma or Credit.com to avoid surprises during the application process. . . . → Read More: FICO or FAKO?? The Credit Score You’ve Obtained May Not Be So.

The Equifax Security Breach – What You Need To Know

 

On July 29, 2017, Equifax, one of the three major US credit reporting agencies, discovered a major data breach of their servers.  This cyber hack impacted an estimated 143 million US consumers.  That’s roughly half of all American adults!  The information accessed by hackers includes names, addresses, social security numbers, birth dates, and . . . → Read More: The Equifax Security Breach – What You Need To Know

Even in the Digital World, Consumers Want A Trusted Mortgage Advisor.

 

 

The internet, smart phones, and social media have changed the way consumers shop and how businesses market to them.  And additional changes are inevitable as technology races ahead.  Yet, despite these technological advancements, the majority of consumers still want a trusted human advisor to arrange their mortgage.

 

A report (“Trust In . . . → Read More: Even in the Digital World, Consumers Want A Trusted Mortgage Advisor.