Pre-qualify or Pre-approval

A pre-approval may help you negotiate a better price and/or terms with the seller, because they know that the buyer is serious enough to have answered the hard questions with a lender. Often having a pre-approval at the ready can give you a leg-up if you are up against another buyer who did not come to the table so well prepared.

The better course of action if you are a serious buyer is to utilize the Pre-Approval Letter. This can only be secured through a lender. Given the buyers market we have now, the pre-approval letter is still all-important. Everyone has heard of the high foreclosure rates, short sales and, frankly, all of us are suffering at the gas pump. This makes a pre-approval letter an absolute must in these times.

Mortgage Rate Trends

  Here is another mortgage calculator I like very much.  Just enter whatever numbers apply to you and then click on the calculate button.  For some reason it’s a little hard to see it, but it’s there under the area where you see First payment date.   …

How to buy the best Rockland Real Estate Property

http://youtu.be/iNBK_AE2-BU Sorry the volume on this video is so low. Turn it up please. I grabbed my ipad and recorded while having my morning coffee. Michael says to look for: New businesses coming in and crime going down. The shops at Nanuet is opening in Rockland County in October. I’m not sure whether Starbucks will […]

Mortgage & Finance

Buying and financing a home in Rockland County NY

Real Estate in Milford Pennsylvania Walk to Town

SPACIOUS CUSTOM RANCH HOME W/SEPARATE GUEST HOUSE WALK TO MILFORD 3000+SF of living space. Immac. home on almost 2a w/breathtaking views of Milford & yet private. Beautiful landscaping. 2 sep garages. Home has 12 rms w/fin Rec Rm, new Kit, all new appliances. Separate Guest House perfect for rental, guests or entertaining. A lifetime home in a beautiful setting.

What not to do before Buying a Home

What NOT to do before buying a home Published by James Troia on Friday February 18, 2011 10:44 AM For buyers who have the intention of purchasing within the next six months, it’s important to get the finances in order and set a reasonable plan to make your purchase achievable. However, there are also a […]

Long Term Rates Fall to Lowest Level in Five Weeks

“Mortgage rates eased further over the week, helping to promote an affordable home-purchase market and stimulate refinance,”

First Time Homebuyer Tax Credit Expands

Overview

First-time homebuyers may be able to take advantage of a tax credit for homes purchased in 2008 or 2009. The credit:

*
Applies to purchases that close after April 8, 2008, and before Dec. 1, 2009.
*
Applies only to homes used as a taxpayer’s principal residence.
*
Reduces a taxpayer’s tax bill or increases his or her refund, dollar for dollar.
*
Is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax owed.

The credit is claimed using Form 5405.

Terrific refi rates on your Rockland Real Estate

LowerMyBills.com is part of Experian InteractiveSM and a premier, free online service for consumers to compare low rates on monthly bills and reduce the cost of living. LowerMyBills.com is the one-stop destination that offers savings through relationships with more than 500 service providers across multiple categories, including home loans, credit cards, auto and health insurance, […]

Search For Rockland Condos in Airmont

SEARCH ALL ROCKLAND CONDOS … ALL THE LISTINGS … ALL THE TIME OR search by neighborhood. The Red Star * means there are no condo developments in these locations or neighborhoods. Airmont Condos Bardonia Condos Blauvelt Condos (*) Central Nyack Condos (*) Chestnut Ridge Condos Congers Condos Garnerville Condos Grandview Condos (*) Grandview On Hudson […]

Qualify

Mortgage rates drop to a fifty year low “Even with amazingly low interest rates, lower home prices and the first-time homebuyer tax credit, it is unlikely that we will see an increase in overall home sales until we see some stabilization of employment. Preparing For Home Ownership Rent vs. Buy Understand the financial differences between […]

Short Sales Explained by Suze Orman

one of the best and easiest to understand explanations of the short sale I have ever heard.

Rockland Real Estate

HAVERSTRAW INVESTMENT PROPERTIES. Three Terrific listings in Haverstraw: As of November 2008, these properties are still available. Mike Truiano | Rockland County Real Estate | 845-480-2366 51 Broad Street, Haverstraw, NY see also MLS #448155,448163,448164. Three multi-family properties for sale. 47 and 51 Broad St. are multi-family properties. 49 Broad is a semi-att 5BR/3BA Multi-Family, […]