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ARCHIVED BLOG POSTS
2007
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What's Really Behind Higher Bond Yields Here's something you probably won't hear in the media: Last week's big surge in bond yields had nothing to do with inflation. Instead, it's the private equity boom that's fueling the rise in yields. Strange? Well, let me explain. The perfect environment for...
06/17/2007
Great visual to help your clients understand homes still appreciating! Now is a great time to be a home buyer. While homes may not be appreciating as much as over the past few years it's still a great investment. I don't see this news being told by the media, maybe they should start spreading th...
06/17/2007
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Buyers this is a great market to buy a home!People read and hear nothing but negative press on the housing market like; "Home Sales Are Slumping", "The Housing Market Is Slowing Down" which should be followed by " And It's A Great Time To Buy a Home!" How come we are not hearing or seeing that ta...
06/17/2007
Once you have found a home:Once you've found a home you want to buy, you'll negotiate your offer with the seller, agree to a purchase contract, and close the deal. Making an offer Unlike purchases with a specific price, homes sell for the amount the buyer and seller negotiate. As you work with yo...
06/11/2007
Mortgage Basics Although each individual home financing package has its own variety of features, the concept of a mortgage is really quite simple: a mortgage is a loan made to help you finance a home. Your lender advances you a certain amount of money, which you repay over a specified period....
06/11/2007
OFFICIALS in the town of Islip have taken measures in the past to crack down on illegal rentals in single-family homes, as have many less affluent towns on Long Island. But Islip took a more aggressive step in May when it passed a law requiring real estate agents to verify that the homes and apar...
06/11/2007
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I read this on the New York Times web site and wanted to share it with everyone. I thought it was a pretty interesting article about the First-Time Buyers and the first time home buyers market and views. It seems to me to be pretty much right on target. "First-Time Buyers, in No Rush"http://www.n...
06/11/2007
With the Mortgage Industry going through so many changes over the past few months many people think that getting a First time Home Buyer loan and or 100% financing is not possible. This is not true. There are many programs still available to help first time home buyers buy a home and there are pl...
06/10/2007
The Week's Economic Indicator Calendar Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise.Economic Calendar for the Week of June 11 - June 15DateETEconomic Report ForEstimateActualPriorImpactWed. June 1308:30Retail Sale...
06/10/2007
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Closing the Sale EscrowTo finalize the sale of the home a neutral, third party (the escrow holder, a.k.a. escrow agent) is engaged to assure the transaction will close properly and on time. The escrow holder insures that all terms and conditions of the seller's and buyer's agreement are met prior...
06/10/2007
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