Home Buying BlogThe Home Buying Blog and RSS feed will keep you up to date on changes to our website's content as well as provide a discussion of current, newsworthy articles and information related directly to home buying only. To subscribe, click on the RSS orange button on the left. HUD Settlement Cost BookletHUD revised their Settlement Cost Booklet in December, 2009. Here is information about the US Department of Housing and Urban Development's, HUD Settlement Cost Booklet Permalink -- click for full blog post "HUD Settlement Cost Booklet" Financing TerminologyA description of the most used real estate mortgage financing terminology to help you better understand the process and being armed to ask the right questions. Permalink -- click for full blog post "Financing Terminology" Homes For SaleHome Buyers Best Realty LLC, exclusive buyer agents, provides information on homes for sale in the Albany NY - Capital Region Permalink -- click for full blog post "Homes For Sale" Homes For Sale Colonie NYHome Buyers Best Realty LLC provides information about homes for sale Colonie NY Permalink -- click for full blog post "Homes For Sale Colonie NY" Homes For Sale Troy NYHome Buyers Best Realty LLC provides information about homes for sale Troy NY. Permalink -- click for full blog post "Homes For Sale Troy NY" Homes For Sale Schenectady NYHome Buyers Best Realty LLC provides information about homes for sale Schenectady NY Permalink -- click for full blog post "Homes For Sale Schenectady NY" Homes For Sale Saratoga Springs NYHome Buyers Best Realty LLC provides information about homes for sale Saratoga Springs NY Permalink -- click for full blog post "Homes For Sale Saratoga Springs NY" Homes For Sale Lake George NYHome Buyers Best Realty LLC provides information about homes for sale Lake George NY Permalink -- click for full blog post "Homes For Sale Lake George NY" Homes For Sale Glens Falls NYHome Buyers Best Realty LLC provides information about homes for sale Glens Falls NY Permalink -- click for full blog post "Homes For Sale Glens Falls NY" Homes For Sale Albany NYHome Buyers Best Realty LLC provides information about homes for sale Albany NY. Permalink -- click for full blog post "Homes For Sale Albany NY" Homes For Sale Ballston Spa NYHome Buyers Best Realty LLC provides information about homes for sale Ballston Spa NY Permalink -- click for full blog post "Homes For Sale Ballston Spa NY" HUD HomesInformation about HUD homes and the HUD foreclosure and bidding process. Permalink -- click for full blog post "HUD Homes" Conflict free home buyer representationHome buyers need to find conflict free representation which they can't get from a traditional real estate company. Permalink -- click for full blog post "Conflict free home buyer representation" Be Wary of Dual AgencyFrom the Counsel's Office, NYS Department of State, "As a principal in a real estate transaction, you should always know that you have the right to be represented by an agent who is loyal only to you throughout the entire transaction. Your agent's fiduciary duties to you need never be compromised." Home Buyer Tax Credit Extended One Year for MilitaryThe home buyer tax credit is extended another full year until April 30, 2011, for certain military and government personnel. Do you qualify? Check out the IRS's website to see if you do. REODiscussion of REO property or better known as bank owned or real estate owned property. Permalink -- click for full blog post "REO" Find an AgentFind an Agent resources that help you determine the right agent for you and help in finding such an agent, buyer agent, exclusive buyer agent. Permalink -- click for full blog post "Find an Agent" Looking For An Agent? Start by Ignoring Your Friends and RelativesAccording to NAR's (the National Association of Realtors) Profile of Home Buyers and Sellers 2009, "Forty-four percent of buyers found their agent through a referral from a friend or family member." The problem is your friends, family members, and co-workers may not know that there are special agents, "exclusive buyer agents", around the country who represent home buyers only. Consequently, you will probably end up working with the wrong agent. Home Buyers - Check Your Credit First!Home buyers often wait until they have a property under contract or until they apply for a mortgage to have their credit reports pulled. It can take 4 to 6 months sometimes to get inaccurate information removed from your credit reports and even longer to get your credit scores to readjust and increase to where you can qualify for a mortgage. Is Credit Repair a Rip Off?Credit repair has a very negative connotation. It is open to a lot of scams and is one of the most investigated financial industries. As a result of such problems a law was passed governing credit improvement entities, the Credit-Repair-Organizations-Act (CROA). In part the law states: |
