Positive Real Estate Professionals

For many months now consumers have been hearing that this is a buyer’s market. From television ads produced by the National Association of Realtors (NAR) to blogs coming from all corners of the internet the chorus of voices is growing. If this is indeed a buyer’s market, why are so many people still sitting on the fence? I know that many people will claim that they cannot get financed and in some cases that may be true. The guidelines have become more stringent, the stated income, stated asset loans that helped to usher in the current housing climate are no more. If you are wanting an investment property you are going to have to make an investment of some of your capital to get it! In the following article by Fred Chamberlin he takes a look at fence sitters when it comes to refinancing. Similar to those who are waiting to purchase, there are those who continue to hold out on actual monetary savings they could realize through a refinance. With the record low interest rates he provides concrete evidence to spur people to refinance and save money on their mortgage. Read More

In a post by Sandy Noll she not only poses the question to the current homeowner and prospective home buyer, Is now the time to buy or refinance? She also gives you one of the most important tools in helping you to make that decision. More than a traditional mortgage calculator, the link allows you to input different variables like current vs. future home value and different interest rates. Hint to using the tool, the green box in the right hand quadrant it the control for the Sales Price Comparison and the Payment Difference charts. I hope you find this post useful. Read More

Mortgage interest rates are at historic lows. How many times have you heard that from real estate industry people, friends and family, and the guy who does your dry cleaning? While the rates truly are at historic lows many people are not taking advantage of the opportunity to either buy their new home or refinance their high interest rate to a (sometimes considerably) lower interest rate. Read More