Closings and Title

By amurphy on February 24, 2011

You hear it everywhere today, the media is reporting about the current administration’s plan to reform the mortgage market and do away with or limit government supported programs, such as Fannie Mae and Freddie Mac. But, do you understand what this means to you

By amurphy on December 7, 2010

Alike in some ways, agents are helping the consumer with personal plans and while travel/vacations have pieces/parts; flight, car, hotel, etc… like RE transactions have pieces/parts; staging, marketing, photos, finding the house, getting the right financing, title, negotiations, etc… A vacation might be $5000+ vs. real estate transactions often exceeds $500,000 and ONE simple oversight [...]

By amurphy on November 30, 2010

December 1, 2010 by Angela Murphy, Partner, Revealty
The Internet is a great tool for finding the best deals on many things we buy. But, can you really find a steal of a deal on the house of your dreams online?
The NAR, National Association of Realtors, states over 90% of homebuyers use the Internet to research [...]

By mhogan on July 1, 2010

The Senate approaved the Homebuyer Assistance and Improvement Act (H.R. 5623) giving home buyers who were under contract on a home purchased by April 30th until September 30th to close and claim the tax credit. Without this extension approximately 180,000 homebuyers who had signed purchase agreements would have missed the deadline.

By mhogan on July 1, 2010

For those who wanted to take advantage of the tax credit but missed the opportunity, it may have paid to wait. Reports have shown that with fewer buyers since the expiration, sellers have had to lower their prices to entice them. Although it depends on your price point, some of the decreases in the sales [...]

By amurphy on December 4, 2009

If you want a higher interest mortgage rate, keep waiting!

By amurphy on October 27, 2009

Banks often buy their own properties at Sheriffs’ auctions and immediately begin to market these properties for sale. Buyers of these foreclosed properties are hanging in limbo waiting for deeds to be processed by the Sheriff. Some of these buyers still have hopes of closing before December 1st, the current deadline for the $8000 tax credit. Will they close?

By bcoccia on August 19, 2009

Any money that a buyer is required to bring to closing  should be in the form of a cashiers check or money order if over a $1000.  Anything under a $1000 can be in the form of a personal check.  The check should always be made payable to the Title Company that is facilitating the transaction.  [...]