16 Jul 2024
By Mark Feder

Understanding Warrantable vs. Non-Warrantable When Purchasing a Condo

Home Buyer Tips
When you're shopping for a condo, there's a bit more on your plate than just the typical homebuying concerns like credit scores, interest rates, and loan programs. A crucial aspect is understanding the role of the Homeowners' Association (HOA) and whether the condo is warrantable or non-warrantable. This distinction can significantly impact your mortgage process and future as a condo owner. Warrantable Condos: What You Need to Know A condo is considered warrantable if it meets the standards set by Fannie Mae and Freddie Mac, the two main government-sponsored entities in the mortgage industry. These entities buy mortgages on the…
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26 Apr 2024
By Mark Feder

Making Homeownership a Reality: Exploring Affordable Housing Initiatives

Home Buyer Tips
In the realm of real estate, the dream of homeownership often feels like a distant horizon for many individuals and families. Skyrocketing property prices, coupled with stagnant wages, have created significant barriers to entry into the housing market. However, amidst these challenges, there is a glimmer of hope in the form of affordable housing initiatives. These strategies aim to break down the financial barriers and make homeownership accessible to a wider range of people. In this blog post, we'll explore some innovative approaches that are reshaping the landscape of affordable housing. 1. Government Subsidies and Grants One of the most…
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12 Apr 2024
By Mark Feder

Find Something Wrong During a Home Inspection? How to Discuss Repairs or Defects with a Seller

Home Buyer Tips
When it comes to selling a home, it is a common belief that once the offer is accepted, there is nothing else to be negotiated. However, issues and obstacles that can arise during the home inspection can be a cause for discussion with the seller. Whether you're currently searching for houses or your offer has already been accepted and you're preparing for the next step, here are some tips in the event that the home inspection isn't up to par. Be Cautious About What You Say Without a doubt, anything that you discuss with the real estate agent regarding the…
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20 Mar 2024
By Mark Feder

Protecting Your Home and Finances: How to Spot Mortgage Scams

Home Buyer Tips
Buying a home is one of the most significant financial investments many of us will ever make. It is crucial to be vigilant against mortgage scams that can threaten your financial security and homeownership dreams. Mortgage scams come in various forms, but with awareness and caution, you can protect yourself from falling victim to fraudsters. Understanding Mortgage Scams Mortgage scams can take many shapes and forms, but they often share common traits aimed at exploiting unsuspecting homeowners or potential buyers. Some of the most prevalent mortgage scams include: Foreclosure Rescue Scams: Fraudsters target homeowners facing foreclosure by offering to help…
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