SHARE
FACEBOOK
TWITTER
LINKEDIN
GOOGLE
PINTEREST

Blog






Second Guessing Price

by Judi Brown in Blog.

Second Guessing Price Imagine a homeowner consulting with their agent about the price to place on their home. The agent suggests that the market data indicates that $200,000 to 210,000 would produce a quick sale by pricing it properly. The owner puts a $210,000 price on the home. The first person who looks at the […]

Read more >>



Facts or Myths

by Judi Brown in Blog.

“It’s impossible to get low down payment loans.” – MYTH! FHA down payments are 3.5% and VA is 0%. In some areas, there may be some 0% down payment USDA loans available. FNMA and Freddie Mac have 3% down payment programs. “It takes perfect credit to get a loan.” – MYTH! There is a relationship […]

Read more >>


“This is going to be the year”

by Judi Brown in Blog.

Every year, it seems like the same things are on the list but this could be the year you really do invest in a rental home. Rents are climbing, values are solid and mortgage rates are still low for non-owner occupied properties. A $150,000 home with 20% down payments can easily have a $300 to […]

Read more >>


Mobil app

by Sharon Esslinger in Blog.

Download my mobile app here. <iframe type=”text/javascript” src=”https://rest.mobilerealtyapps.com/smswidget/mediumrectanglehtml/remaxni/164714/2E2E2E” frameborder=”0″ height=”360″ width=”300″ ></iframe>

Read more >>


When the rate goes up

by Judi Brown in Blog.

It’s not “if” the rate goes up but “when” the rate goes up; it could make a big difference for some buyers. Freddie Mac predicts that mortgage rates will be at 4.5% a year from now. If buyers can afford a home with higher interest rates, it means higher payments. Higher payments might mean they […]

Read more >>


Waiting to Buy…WHY?

by Judi Brown in Blog.

Some people wait to buy a home until they have 20% down payment to avoid paying the mortgage insurance which is required by lenders when the loan-to-value ratio is greater than 80%, with the exception of VA loans. To illustrate a typical situation, let’s assume that buyers have $10,000 for a down payment on a […]

Read more >>


Dust-Free Home

by Judi Brown in Blog.

Having a dust-free home isn’t difficult, but it takes a serious commitment and a housekeeping strategy that addresses the dust and its causes. Whether your motive is cleanliness or to eliminate the cause of some allergies and asthma symptoms, it will be worth it. Try to dust your home at least twice a week. Dust […]

Read more >>


Getting to Value

by Judi Brown in Blog.

Fair market value is the price that real estate would sell for on the open market without any unusual forces being involved. The definition is relatively simple but there certainly different methods of determining what it is. A homeowner could order an appraisal before they put their home on the market but would incur the […]

Read more >>


Pay Off Your Mortgage?

by Judi Brown in Blog.

Becoming debt free is as much a part of the American Dream as owning a home but there certainly can be conflicting circumstances that make the decision to pay off your mortgage early unclear. The advantages of paying off debt early is increased cash flow, less interest paid and a higher credit score. The disadvantages […]

Read more >>


Two Negotiations

by Judi Brown in Blog.

There are two negotiation periods in some home sales. The primary negotiation takes place when the contract is agreed upon that includes the price, closing and possession. Buyers and sellers alike feel relieved once this first round has resulted in an agreement but there may be more negotiations to come if there are contingencies for […]

Read more >>


Ready for Retirement?

by Judi Brown in Blog.

It’s surprising to realize that most people spend more time planning their next vacation or cell phone purchase than they do on their own retirement. Let’s look at a hypothetical situation where you have $35,000 to invest for your retirement in 15 years. Have you compared where you might have the best opportunity? The safest […]

Read more >>


Avoid Wasting Time

by Judi Brown in Blog.

“If you waste my time, don’t expect me to hang out with you very long.” This could have been said by a buyer or seller or a real estate agent. Time is valuable and no one wants to waste their time. Most people can’t put their lives on-hold while they’re trying to buy or sell […]

Read more >>


Picture This!

by Judi Brown in Blog.

Listing photos may be one of the most important marketing efforts that lead to a potential buyer. Nearly, all buyers use the Internet during the home search process. They usually start looking at homes online before they contact an agent. It’s far more efficient to screen properties by looking at the pictures that have been […]

Read more >>


How Will It Feel?

by Judi Brown in Blog.

It has been said that change is the only constant. Most of the financial experts have been expecting interest rates to increase along with home prices. While homes, in most markets, have definitely seen increases over the past five years, the mortgage rates today are actually lower than they were a year ago. If the […]

Read more >>


Increase the Chance of Being Accepted

by Judi Brown in Blog.

While all contracts must have certain required elements, mutual assent, consideration, capacity and legality, there are some things that increase its chance of being accepted. The seller generally wants the highest possible price with the fewest inconveniences in the shortest period of time. In the same way, the buyer generally wants the lowest possible price […]

Read more >>


The Right Questions are Key

by Judi Brown in Blog.

Asking the right questions will lead to the answers that help you determine which agent to use for one of the largest investments that most people make…the purchase or sale of their home. Rudyard Kipling wrote the verse “I keep six serving men, they taught me all I knew; their names were what and why […]

Read more >>


Opportunity Can Disappear

by Judi Brown in Blog.

In the last few years, some people who were unable to sell their homes, rented them instead. The market has improved in most places and the home may easily sell now and possibly, for a higher price. Even though the opportunity to sell in the near future might not change, there could be another opportunity […]

Read more >>


Retirement Funds for Home Purchase

by Judi Brown in Blog.

For the person who has good credit and income but not enough money for the down payment on a home, their qualified retirement program could offer them some help. The rules are different depending on whether it is a 401(k), a Roth IRA or a traditional IRA. Up to half of the balance of a […]

Read more >>


Choose a Lower Tax Rate

by Judi Brown in Blog.

During campaign season, it is not unusual to hear a candidate criticized because they make a lot of money but pay little in income tax. While it might not seem fair, taxpayers are allowed to arrange their affairs so that they minimize the amount of tax paid. Salary, wages and commissions, along with interest and […]

Read more >>


Increase Your Marketability

by Judi Brown in Blog.

The seller has three tools available to affect the marketability of their home: price, condition and terms. Price is the easiest to adjust for the competing properties, amount of inventory or market conditions. However, lowering the price is not necessarily the best decision when trying to maximize the proceeds of sale. If a home is […]

Read more >>


If you’re going to play, GET IN THE GAME

by Judi Brown in Blog.

If competition is a buyer’s biggest concern, for goodness’ sake, get in the game. In a new survey of close to a thousand home buyers conducted by Redfin, affordability is still the number one concern but due to low inventories, competition from other buyers is moving its way up the poll. 26% identified affordability while […]

Read more >>


Your Tenants Will Send Your Kids to College

by Judi Brown in Blog.

Parents, with children getting closer and closer to entering college, may also be feeling stress because they haven’t saved enough for tuition and other expenses. It’s estimated that the average cost for the 2015-16 school year is $32,405 for private colleges, $9,410 for state residents of public colleges and $23,893 for out-of-state residents. If you […]

Read more >>


The Obvious Alternative Investment

by Judi Brown in Blog.

Rental homes can be a natural alternative investment choice for homeowners because they are already familiar with houses. Maintenance on a rental is not that much different than on your personal home. The same plumbers, painters and other workmen can be used to make repairs. Single family homes offer an investor high loan-to-value mortgages at […]

Read more >>


7 Out of 50 Could Save Money

by Judi Brown in Blog.

It is estimated that seven million out of 50 million homeowners could save money by refinancing their existing mortgages. Obviously, if the replacement mortgage has a lower rate than your existing one, you will save money. If you bought a home before 2011 and are paying mortgage insurance, you should investigate refinancing to eliminate that […]

Read more >>


You may never stop paying for some improvements

by Judi Brown in Blog.

You’ve saved the money and are ready to pay cash to build a new pool for your home. However, that’s just the beginning of your soon to be increased expenses which will include maintenance, higher utilities and higher taxes. Homeowners obviously benefit by a larger equity when their home increases in value due to appreciation. […]

Read more >>


Your home may be worth a lot more than you think

by Judi Brown in Blog.

Real estate lost a lot of value during the recession but most areas have rebounded considerably. In some cases, the homes are worth more than they were before the housing bubble burst. The dynamics are classic for this type of market: inventories are low, mortgage rates are low and demand is high. All price ranges […]

Read more >>


Temporary Buy Down

by Judi Brown in Blog.

There is an infrequently-used mortgage program available that could be the solution to a buyer’s or seller’s problem. A temporary buydown is fixed rate mortgage that the seller has prepaid interest at closing to lower the payments for a number of years. The borrower must qualify at the note rate but gets the benefit of […]

Read more >>


Tips for Buying Rentals

by Judi Brown in Blog.

Buying rental property can be an excellent decision and the better informed you are, the more likely you’ll have favorable results. The following suggestions can help you with your decisions. Real estate is a long term investment affected by supply, demand and the economy. It isn’t an investment that is easily converted to cash. The […]

Read more >>


Tips for buying Rentals

by Sharon Esslinger in Blog.

Buying rental property can be an excellent decision and the better informed you are, the more likely you’ll have favorable results.  The following suggestions can help you with your decisions. Real estate is a long term investment affected by supply, demand and the economy.  It isn’t an investment that is easily converted to cash.  The […]

Read more >>