Tag: first time buyer

What are Points and why do I care?

Points are the closest thing to legalized bribery!   When applying for a mortgage to buy a house, you can pay the lender a fee to get a better interest rate.   The fee is called a point and is 1% of

Tagged with: , ,

What’s my mortgage payment gonna be ??

Even though there are tons of mortgage calculators on the web, here’s a quick and easy way to ballpark your monthly mortgage payment in your head.    If the house is $200,000, just multiply by 10% and subtract “a little bit”

Tagged with: ,

How’s the market?

It’s a question that I get all the time…. but what’s the REAL question? Maybe some people are just making small talk because they know I’m a broker but many, I believe, want to know if it’s OK to buy

Tagged with: , , , ,

Not all REO’s are toilets!

I was talking with buyer recently who was looking for a home in my neck of the woods in South Jersey and he made some comments that he though all bank owned properties were in bad condition… the technical real

Tagged with: , ,
Top