So often do I meet people in various social settings that have recently made a home purchase and, since I am a real estate agent, of course I am given a blow by blow of their usually disappointing experience. The process did not go as smoothly as they thought it should, and the finger is... Continue Reading →
Is Our Market Losing Momentum?
Word has spread recently that the housing market is suffering a decline, or at best a shift from the strong seller's market we have recently witnessed. Dozens of media publications have reported on the recent sales decline since last year. And why is that? Well, there are a number of factors. However, there is one type of property that appears to be finding strength amidst the softening market...
How Much Do Credit Inquiries Affect Your Score?
Often times, I encounter buyers that have not obtained a pre-approval or even spoken to a lender because they do not want their credit to be adversely affected by an inquiry. Unfortunately, most agents will not take buyers around that have not been pre-qualified. Time and gas are expensive, and few agents will invest in... Continue Reading →
It’s Tax Grievance Time!
A dear client and friend of mine reminded me that tax grievance time is approaching, and that maybe I should guide readers on the process, which I often do with my sellers and buyers. What does tax grievance mean? In our neck of the woods, you will indeed find yourself grieving the cash that comes... Continue Reading →
Buying a Starter Part II: The Skinny on Coops and Condos
Ok, so we discussed the limitations of purchasing a starter home, so what about purchasing a condo or coop? Let's start with coops. Short term ownership plans may not fare well for coops. The coop market waxes and wanes from year to year, and is much more sensitive to market fluctuations and volatility than any... Continue Reading →
