10 Tips for First Time Homebuyers

1.  Be picky, but don’t be unrealistic.  Your first home may need a little work, some paint, carpet and perhaps some other updates.  Remember, this is your first home and the first step in investing in your future. Don’t avoid a home because it has bright pink walls or ugly floors.  Do avoid a homeContinue reading “10 Tips for First Time Homebuyers”

FHA to increase fees…Again!!

FHA is once again increasing mortgage insurance premiums (MIP) on all new purchase and refinance transactions. Effective for FHA loans that have been assigned on or after June 3, 2013 and in addition to this increase, the Annual Mortgage Insurance Premium will remain for the life of the loan. Meaning, you can only remove theContinue reading “FHA to increase fees…Again!!”

National Open House Weekend April 20 and April 21, 2013

Did you know it is National Open House Weekend?  The National Association of Realtors is expecting to sell almost 10% of the current inventory. With lots of homes on the market and great low rates, this spring market is turning out to be fantastic!  This weekend real estate agents from around the area will beContinue reading “National Open House Weekend April 20 and April 21, 2013”

You do know the Valentine’s Day Legend??

The Legend of St. Valentine The history of Valentine’s Day–and the story of its patron saint–is shrouded in mystery. We do know that February has long been celebrated as a month of romance, and that St. Valentine’s Day, as we know it today, contains vestiges of both Christian and ancient Roman tradition. But who wasContinue reading “You do know the Valentine’s Day Legend??”

Another Reason to Own A Home

In case you need another reason to purchase a home for you and your family; Here is an article I just read in the National Mortgage Professional Magazine, “Study Concludes Homeownership Tied to Positive Outcomes for Children“.  According to a new study by professors Richard K. Green and Gary D. Painter at the University ofContinue reading “Another Reason to Own A Home”

6 Things to Know About Credit Scores

By Jessica L. Anderson | Kiplinger – Thu, Jul 12, 2012 FICO isn’t the only number in town. The score that counts is the one your lender uses. 1. There is no single number. The compilers of the widely accepted FICO credit score allow lenders to customize their system, so different lenders produce different scores. Plus, eachContinue reading “6 Things to Know About Credit Scores”

What is a Business Cycle?

The “Books” say an average business cycle is 44.4 months and we have lived through many of them. Some longer than that and some as short as a season in New England.  A business cycle is like the exhibit from our youth…“What makes an ocean wave, wave” at the New England Aquarium.  In the exhibit,Continue reading “What is a Business Cycle?”

How Do We Get the Message Out that Mortgages Are NOT Car Loans?

Here is an interesting article written by Brian Koss of Mortgage Network, Inc. Find out what’s really going on with the industry. There was a time in the late 90’s when all the focus was on getting the manufacturing of mortgages to mirror the manufacturing of car loans. The idea was that technology was theContinue reading “How Do We Get the Message Out that Mortgages Are NOT Car Loans?”

Do I Really Need Title Insurance?

Title insurance is one of the important and least understood aspects of a real estate transaction. There are two types of title insurance; lenders’ coverage and owners’ coverage. Title insurance protects the lender and the owner against all types of title defects and also covers issues such as zoning, access, and protects the lender andContinue reading “Do I Really Need Title Insurance?”

Pumpkin Patches and More

I love autumn in New England!  The colors, the apple picking, Halloween and the pumpkin carving.  I’ve included some information on how to make your carved pumpkin last longer.  Also check out this link, Pumpkin Patches & More, for great local pumpkin patches, recipes and the history of Halloween. How to Preserve Your Carved PumpkinContinue reading “Pumpkin Patches and More”