home buying in monroe ny: The HouseKat says "Hogwash" to recent article about closing costs
- 08/31/15 07:29 AM
This past Sunday, there was an article in our Sunday paper which was entitled "As closing costs drop, you'd better shop around." It was written by Bankrate.com, and it basically stated the cost a borrower needs in order to close has dropped by 7% in 2015 over 2014. When I read the title, I thought something along the lines of, "Really? I could swear my clients are paying more!"
The article went on to state that Bankrate requested estimates from various locations, asking for the closing costs for a $200K mortgage for a single family home for a borrower with 20% to put … (31 comments)
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home buying in monroe ny: Spring has sprung in Monroe, NY (real-estate wise)
- 03/11/14 09:00 PM
There is still about a foot of snow left on most portions of our yard. Tonight the temperatures are expected to be back down in the teens and tomorrow night in the single digits. The calendar says it is still winter. It's 7am in the morning right now and the sun hasn't risen. But......
SPRING IS HERE!
In the last three days, I took three different and new buyer clients out to look at homes, and I started helping another new client yesterday. Several clients who were interested in late 2013 but hibernated for the winter have come back as … (9 comments)
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home buying in monroe ny: First Time Home Buyers: Should you use a real estate agent?
- 02/23/14 09:35 PM
The following is an update to information I first published in 2011. I recently shared information for potential first time home buyers about the differences between renting and owning, and about whether a first house is affordable. The question this time is -- should a first time home buyer use their own real estate agent?
This question has a simple answer: YES, you should! There are several major reasons.
The first reason: The agent listing a home does not work for you, the buyer.
Many first time home buyers believe that if they are interested in a home, their best course of … (7 comments)
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This past Sunday, there was an article in our Sunday paper which was entitled "As closing costs drop, you'd better shop around." It was written by Bankrate.com, and it basically stated the cost a borrower needs in order to close has dropped by 7% in 2015 over 2014. When I read the title, I thought something along the lines of, "Really? I could swear my clients are paying more!"
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