Smaller furniture for smaller living spaces is this year’s big trend at the High Point, N.C., furniture industry trade show. Manufacturers are responding to the demand from downsizing baby boomers and the increasing number of urban dwellers who need furniture that fits in Continue Reading
Archives for October 2008
Housing Agencies Starved for Cash to Lend
Housing finance agencies that provide mortgages to first time, poor and moderate-income homebuyers are facing difficulties finding money to loan. Ohio canceled a $150 million bond sale after the credit market meltdown. West Virginia and Illinois postponed bond sales. Continue Reading
Co-Ownership Gets Popular as Lending Tightens
Real estate co-ownership arrangements are becoming increasingly popular, especially in cities where prices—even after the real estate meltdown—remain out of reach for many buyers. "Lending guidelines have become twice as hard to meet because of the housing market," says Continue Reading
Don't Compare, Compete!
As you prepare to list your home, you'll need to determine how to set your asking price. You may come across the term Comparative Market Analysis, which is used as a tool for gauging the perceived value of your home. However, as a seller, you should think of that Continue Reading
Home Buying Wisdom – 10 Things You Must Do Before Buying a Home
Home Buying Wisdom - 10 Things You Must Do Before Buying a Home By Brandon Cornett Buying a home is often the largest personal finance transaction a person makes in his or her life. So it's critical that you make the right preparations and do the proper research. Regardless Continue Reading
Home Loans 101: Preparing Yourself for Closing Costs
Home Loans 101: Preparing Yourself for Closing Costs By Brandon Cornett Closing costs are the fees and adjustments owed at closing (or "settlement") by both the buyer and the seller. Closing costs may differ from state to state, but the following information will help you Continue Reading
Existing-Home Sales Rise on Improved Affordability
WASHINGTON, October 24, 2008 Existing-home sales increased last month as buyers responded to improved housing affordability conditions, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops Continue Reading
An Ocean of Options!
As a buyer, you may find yourself drifting on an ocean of financing options. As lenders tighten their requirements, there are a few aspects of the loan application of which you should be aware before applying for a mortgage. Continue Reading
Richardson Achieves Vermont Broker Status
BENNINGTON, VT – Troy Richardson of RE/MAX Maple Leaf Realty has been granted a Vermont Broker’s license from the Vermont Secretary of State’s Office. In order to become a Broker, Troy was required to work as a licensed Salesperson for a minimum of two years, complete Continue Reading
The NATIONAL ASSOCIATION OF REALTORS® Code of Ethics: What Does it Mean for Consumers?
To see the complete Code of Ethics, view this post The NATIONAL ASSOCIATION OF REALTORS® Code of Ethics: What Does it Mean for Consumers? How does the Code of Ethics affect everyday real estate practices? If a REALTOR® represents you, whether you are buying or Continue Reading
