mortgages

Housing Predictions for 2023

Our clients and prospective clients often ask us whether housing prices will increase, and whether or not there will be sufficient inventory coming on the market in the near future. Some common questions might include: "will next Spring be as crazy as last Spring?" "Are there any great houses coming on the market?". One catch phrase we rely [...]

Seeking an FHA Loan? You Have Options

With the warmer climes we have been experiencing, the spring real estate market won't be far off. Local housing prices being what they are, it can be challenging for first-time home buyers, and/or for buyers who don't have a large amount of money to use as a down-payment - to compete in this seller's market. Since you may be competing with [...]

Is An Adjustable Rate Mortgage (ARM) Right For You?

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Are you seeking a mortgage and wondering whether an Adjustable Rate Mortage (ARM) might be right for you? The following article from Apartment Therapy outlines three cases wherein an ARM might just make sense, and save you money. If you are seeking a mortgage, that likely means you are working with a local realtor. Any good realtor, such as our group at [...]

Potential Pitfalls of Buying a Short Sale

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Over the years, I've had a handful of homebuyers ask me about the process of purchasing a short-sale or bank-owned property. In theory, it sounds great! A Northampton area house being sold below market value - what could be better? But, the reality of of purchasing such a property can be rife with potential pitfalls.

I assisted a young couple in the process a couple of years ago. They were interested in a lovely 4 bedroom, 2 bath home with a wrap around porch, garage and private yard in [...]