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December 2007 - Posts
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One of the most misunderstood concepts of purchasing a home is the contingency for a home inspection. Homes don't pass or fail inspection. Instead, inspectors simply document the conditions found at a home and then a buyer must decide if they can...
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A recent client of mine was struggling with coming up with all the funds necessary to purchase his first home. He had a steady job, good credit but was short of money. To help him out, I put together a list of organizations that provide support to first...
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Hi everyone! Today I'd like to take a moment to talk about a topic that can be confusing for first time home buyers. Many times home buyers will mistake the term "closing costs" with the "Total Money Required to Close". When in...
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"Location, Location, Location," is what it is all about when you are thinking about investing in real estate. Investors and want-to-be investors are often asking me what's the current "hot spot" for investing. Usually, once it...
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Lots of people are talking about foreclosures these days. There are those with variable interest rates on their mortgage that are worried about loosing their home to foreclosure and there are those who hope to buy foreclosures at a bargain price. I have...
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A couple of weeks ago I was in the middle of showing a house when the phone rang. I continued to show the house, pointing out the deep closets and hardwoods in good condition, when the answering machine turned on. "This is Joe. Leave a message,"...
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"The biggest disparity between New York and the rest of the country is the property tax." That's what the front page of today's Democrat and Chronicle reported! No sh#%t!!! I talk to people all the time that are considering relocating...
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I can't count the number of times I pre-approved people before the Holidays, only to see their credit scores have dropped by the time they find a home during the Spring market. The culprit you ask, why its excessive Holiday spending of course. Lets...
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