romanski group: Shifting Market in Lafayette Indiana
- 10/11/08 12:57 AM
Wow, when they called today's real estate market a "shifting market," they were right on target. It keeps shifting, and shifting, and shifting ... Every time we turn on the news there's a new development that affects our economy and therefore the ability of buyers to "buy" and the sellers to "sell." SHIFT, the most recent book by Gary Keller, co-founder and Chairman of Keller Williams Realty Inc., begins with the following paragraph: "The Real Estate Market has shifted drastically and dramatically. Sales volume and the number of transactions have dropped significantly. Inventory has reached an all-time high. Buyers have never been … (0 comments)
romanski group: Lafayette Indiana Real Estate - Mortgage Financing - Credit Issues
- 08/16/08 01:48 AM
Financing Solutions with David Reed Credit issues? Your lender can help. We frequently hear we're supposed to regularly check our credit reports. And staying on top of this is especially important when starting to shop for a new home. There are three main credit bureaus: Equifax, Experian, and TransUnion. These bureaus store consumer credit histories by the millions, and hundreds of thousands of businesses tap these bureaus for their data about you. Unfortunately, mistakes can happen. Especially if you're not the only "Bob Johnson" or "Susan Smith" who lives in St. Louis. Let's say you receive a copy of your credit … (0 comments)
romanski group: Lafayette and West Lafayette Indiana Real Estate - Mortgages
- 08/16/08 01:43 AM
Financing Solutions with David Reed A bad wrap! We've all heard the term, "wrap around," but what exactly does it mean? A wrap around mortgage, or simply a "wrap," is an agreement where the buyer of a property makes monthly payments to the seller of a property, who then pays the original lender each month. This is perceived as a way of an owner "selling" a property to a buyer without the buyer obtaining conventional financing. While a wrap can be viewed as a traditional sale, in reality it's anything but. All mortgage loans contain a "due on sale" clause. … (0 comments)
romanski group: Lafayette Indiana Real Estate - Mortgage Financing
- 07/13/08 03:01 PM
Financing Solutions with David Reed Government Grants For first-time buyers, often the first thought that comes to mind is, "I need a down payment." This is often followed by the question, "Now, where do I get that down payment?" Depending upon the loan type, a home mortgage typically requires 3 to 5 percent down. If you have the money, then you're set. But what if you don't? What if you're renting? You can afford a mortgage within your means, but coming up with the down payment money needed to begin the transaction can be challenging. So, where can you turn? … (1 comments)
Current information about the real estate market, homes for sale, market statistics including sold data, community information and news for Lafayette Indiana and West Lafayette Indiana and surrounding communities!
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