Coming Soon in Englewood and Ft Lee

Posted by & filed under Buying.

Coming soon in Fort Lee and Englewood are 2 new listings that are quite different. Englewood Home Englewood homes are mostly gracious period colonials.  These are beautiful, charming houses with high ceilings, wood detailing and large windows allowing abundant light inside.  Styles include Victorian, Greek Revival, Farm House, Queen Anne, Georgian, Italianate, Colonial Revival and… Read more »

New FHA Loan Rule Helps First Time Home Buyers

Posted by & filed under Buying.

The new FHA loan rule for condominiums helps first time home buyers tremendously.  Announced yesterday in a press release, the new rule takes effect on October 15th. FHA Approved Condominiums The FHA Condominium Project Approval & Processing Guide  is 95 pages long.  Requirements are strict and it’s a costly, tedious process for any condo association. … Read more »

Irresponsible Lending is Back

Posted by & filed under Buying.

Irresponsible lending is back.  It is back in real estate and I am sad to say that my Board of Realtors had a seminar on it today.  I did not go and neither should you. What’s a QM QM stands for Qualified Mortgage.  This came about in January of 2015 due to post Recession legislation…. Read more »