Wednesday, April 25, 2018

Real Estate

Low Credit Scores Cost Big Bucks

The mortgage rate examples below were pulled off the MYFICO website. We know that rates change, so regardless of where rates are, the following general rules apply:

Low 600 credit score range—for every 20 point increase to the credit score, the interest rate lowers by.50% ($75 a month or

Refinance Before It’s Too Late

Where are interest rates headed? This question is asked by every new borrower trying to decide when to lock their rate. Pundits say that short-term rates are headed higher since we are pretty sure the Federal Reserve will hike interest rates at least three times this year, with more to come in 2019. This will directly impact

A Great Lawn Begins With a Great Engine

(BPT) As the days grow longer and the snow begins to recede, homeowners will once again venture outdoors to get their yards and lawn into tip-top shape for summer fun. But just like your lawn has been hibernating over the long winter, so too has your lawn mower and other small engines. Even if you properly winterized your mower,

I Told You So, and So Did They

While it might seem repetitious coming from me, there are a few vital market gauges in the economy, that are continually fluctuating, and require our constant attention. Stock and equity markets, inflation indications, the Federal Reserve’s monetary policy, housing starts and permits, interest rate movement and consumer

How to Prepare for Extended Power Outages

(BPT) In the year 2018, it’s very easy to take your home’s power for granted. You flick the light switch and the lights come on. Same with the television and the microwave. It’s easy. And should a storm knock the power out, you expect that it will be up again in a matter of minutes or hours.

How Public-Private Collaboration Has Supported Teaneck’s Growth

In today’s New Jersey real estate market, culture and environment are driving decision-making more than ever before. As a result, the willingness of real estate professionals, municipalities and the broader community to listen and collaborate has become increasingly critical for ensuring the successful evolution of our cities and

Israel’s Ministry of Education Embraces Families of New Ramat Givat Zeev Neighborhood

(Courtesy of Ramat Givat Zeev) In an effort to embrace the growing community of Israel’s new Ramat Givat Zeev neighborhood, Israel’s Ministry of Education has confirmed that they will be allocating 15 million shekels (about $4 million) to build two new schools in Ramat Givat Zeev.

Construction will begin in the next three months and the schools are

‘If Only I Knew’

If I had a quarter for every time I had a client say, “If only I knew” – I would have a lot of quarters, and then some. I was actually planning on writing about a different topic, but after I received a call from a second client this week that used this expression, I could not pass up on sharing this experience.

Do the Math: Homebuying Now May Save a Lot

(BPT) It is a common misconception that a 20 percent down payment is required to buy a home. Advice to wait and save a large down payment is often based on the theory that the cost of mortgage insurance (MI), which is required when you buy with a smaller down payment, should be avoided. This may not be the best advice and is, in

2018 Remodeling Trends That Boost Your Home’s Value

(BPT) A strong housing market is giving homeowners the confidence to invest in remodeling. In fact, homeowner spending on improvements and repairs will approach $340 billion in 2018, an increase of 7.5 percent from estimated 2017 spending, according to the Leading Indicator of Remodeling Activity (LIRA) from the Joint

Buying Real Estate: Fears, Hopes and Psychological Smarts

When you go to buy an apartment, one important thing you really need to know is—yourself.

Really. It’s so important and ultimately so crucial. It makes such a big difference. You have to be aware of your own psychology for a good purchase to work for you. So you have to be aware and

Increased Public Transportation Will Serve the Growing Neighborhood of Ramat Givat Zeev

(Courtesy of Ramat Gan Zeev) Israel’s Ministry of Transportation and Road Safety has confirmed plans to increase public transportation for the new Ramat Givat Zeev neighborhood.

Plans include increasing the frequency of transportation to, from and within the neighborhood, which is