Finance

January 17, 2013

“Qualified Mortgage” News For You

Last week, the Consumer Financial Protection Bureau (CFPB) announced its rules for a qualified mortgage. Let’s take a look at what it will mean to housing. […]
August 29, 2012

Things Not To Do Before Your Home Loan Is Funded!

The last few years have been especially difficult for banks who have watched as thousands of their home loans have gone into default, and homes into […]
July 17, 2012

Is There a 3.8% House Seller Tax in the Health Care Bill?

I have been asked this question recently about a possible 3.8% tax which will be put on home sales beginning in 2013. I am not an accountant and […]
June 8, 2012

Green Fest in Port Jefferson / Green Mortgage Info For You

With our 4th Annual Green Festival in Port Jefferson on June 16th at the beautiful Village Center…..I’ve been thinking GREEN! I want to make you aware of  two […]
May 11, 2012

What is “QM” And Why Does It Matter?

I am frequently discussing the difference between the PRICE and the COST of a home to my buyers. I want buyers to realize, that the cost […]
May 4, 2012

3 Housing Trends Emerging This Selling Season

There is absolutely no better time to buy than NOW….but with the improving housing market….buyers are facing many changes.   1. The Competition is Fierce Housing […]
February 2, 2012

Good Faith Estimate Tip

Here’s a good tip for you on the Good Faith Estimate.  Knowledge is Power!  If you recall, several years ago U.S. Congress tried to protect consumers from a […]
January 31, 2012

3 Important Things A Home Buyer Needs To Know

Very simply put: 1.  YOU NEED TO KNOW YOUR CREDIT SCORE – 640 OR BETTER 2.  YOUR EMPLOYMENT STATUS – EMPLOYED AT LEAST 2 YEARS 3.  […]