Tag Archives: educational

Time To Refinance?

Sept. 15 (Bloomberg) — U.S. mortgage rates fell for a second week to the lowest on Freddie Mac records as a slowing economy and concerns that Europe’s debt crisis is worsening drove investors to the relative safety of Treasury bonds. … Continue reading

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Real Estate Trivia

In the movie, “Planes, Trains and Automobiles” Steve Martin spent the Thanksgiving weekend trying to get home. Where was home?     Answer: Move your mouse under here and highlite to see answer Chicago

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What credit score do I need to get a mortgage?

What credit score do I need to get a mortgage? In the past, we did not get this question as much as we do today. Yet, it has quickly risen to #1 in terms of frequency. There are two reasons … Continue reading

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Real Estate Education

What Does Gross Lease Mean? A type of commercial lease where the landlord pays for the building’s property  taxes, insurance and maintenance. A gross lease can be modified in a number of ways to best meet the needs of a … Continue reading

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Know About Credit

5 Factors That Decide Your Credit Score Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: 1. Your payment history. Did you pay your credit card … Continue reading

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Real Estate Education

  What Does Impact Fee Mean? A fee imposed on property developers by municipalities for the new infrastructure that must be built or increased due to new property development. These fees are designed to offset the impact of additional development … Continue reading

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Helpful Hints for the House

  Bubble Gum Removal!       “To remove bubble gum or any type of gum from hair (child’s head, on arm, leg, etc.), simply spread peanut butter on the area and wash! It comes out like magic because of the oil!!”  Candle … Continue reading

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Real Estate Education

New FHA mortgage Insurance monthly charges are on the way. Click on the picture to read the info.

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Real Estate Education

  What Does Seller Financing Mean? A real estate agreement where financing provided by the seller is included in the purchase price. It is also known as a purchase-money mortgage. A purchase-money mortgage is a mortgage given to the seller as part … Continue reading

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Statistics For NJ and PA 2010

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