Real Estate News
Stimulus Money to New York City
NYC gets Stimulus Funds Mitch Hall in his NYC blog reported that NYC RECEIVING $20 MILLION IN STIMULUS FUNDS: City Will Use Funds to Assist Homebuyers, Purchase and Renovate Foreclosed Units and Develop Vacant Sites The grants were awarded competitively to applicants who developed the most innovative ideas to address the impact of the [...] |
Options for those without a down payment
The first step is financing your dream home is Selecting a Mortgage Professional to determine what you can afford and how much money you will need for a down payment and closing costs. Before you go house shopping you need to understand where you stand financially and what you can really afford. There are many financing options, including [...] |
Buffalo Relocation Guide
Buffalo Relocation Guide Researching a new city that you think you might relocate to can be frustrating. Not all the great relocation information you are looking for in one place. That is why you need the assistance of an expert to guide you through the complicate maze of information. You will find here a series of informative articles to [...] |
My Buffalo home is about to expire!
My current listing contract is about to expire! Your Buffalo area home is about to expire and you are understandably frustrated. You have great plans for a new Buffalo area home and you just can't understand why your home has not sold. You love your home, it has been wonderful for you, but why is it that nobody else wants it? At this [...] |
Seller’s should consider listing their homes sooner than later
Are you on the fence about putting your Buffalo home up for sale? Are you thinking that you will wait until late spring to sell your home. You may want to rethink that thought and list sooner and take advantage of the number of buyers that will want to take advantage of the tax credit. And especially if you want to take advantage of [...] |
Existing Home Owners may be eligible for the expanded tax credit
The Government is giving away free money! At least for the next 95 days you might be eligible for a tax credit of $6,500 or $8,000! Everyone is aware of the Tax Credit for 1st time home buyers. So how does this affect current home owners? Well let me ask you a simple question - How long do you think it will take you to save $6,500? Read [...] |
How to Avoid the Real Estate Listing Black Hole in Western New York.
Why it is important to work with a dedicated Professional! Last year, our team went to a listing appointment with a frustrated Western New York property owner. These folks won't be listing their property for sale with us. When we were done with them, the decided that they are going to hold onto the property and rent it out. They wanted to get [...] |
Zestimates are they Good or Bad?
You need to have a REAL person, who knows the market in an area give you a true value of the home. Before you go checking your home on Zillow, remember their Zestimates are ESTIMATES. They don't have all the data that Realtors and Appraisers have. In Niagara Falls, they don't know that in order to build the courthouse that several homes are no [...] |
Real Estate Explained | What is Absorption Rate
What is the difference between a Sellers and Buyers Market? How is the difference between a "sellers market" and "buyers market" known? It can be confusing at times, but it is really simple. There is a way that we can see what is happening in the market and determine if we are in a buyers or sellers market. How we determine the difference is by [...] |
FHA Policy Changes will make it harder to get an FHA Loan
Federal Housing Administration (FHA) Commissioner David Stevens today announced a set of policy changes to strengthen the FHA's capital reserves, while enabling the agency to continue to fulfill its mission to provide access to home ownership for under served communities. The reported FHA Policy changes include: Mortgage Insurance [...] |
