January 4, 2019 rummy

Paying off mortgages takes time, but it’s helpful to know that there are ways to shorten your mortgage payments by months or even years. Here are some ways to help you beat the loan clock legitimately and save thousands of dollars in the process. Any additional payments to the principal amount (the original sum of money borrowed in a loan), helps to cut down the amount of interest that you will pay over the life of your loan and can also help to shave years off the loan as well. When you make ‘extra’ payments toward your loan, the key…

January 3, 2019 rummy

Despite being one of the biggest decision drivers, the price of a home for sale is often overlooked when all the other factors aligned. Values are perceived by buyers differently and could arguably be the true defining factor for a buyer to make a decision. 1. Owning your home offers stability to start and raise a family From the best neighborhoods to the best school districts, even those without children at the time of purchase may have this in the back of their minds as a major reason for choosing the location of the home that they purchase. 2. There’s…

January 2, 2019 rummy

In our previous posts, we have shown why we believe we are far from another housing crash in 2019. Here’s a few more reasons to put your mind at ease. 1. There are fewer foreclosures now than there were in 2006 A major challenge in 2006 was the number of foreclosures. There will always be foreclosures, but they spiked by over 100% prior to the crash. Foreclosures sold at a discount and, in many cases, lowered the values of adjacent homes. We are ending 2018 with foreclosures at historic pre-crash numbers -much fewer foreclosures than we ended 2006 with. 2….

December 28, 2018 rummy

If you’re planning on selling your house, there is no better time than now. This fact is known to many, therefore, it’s only wise to think that the market will be competitive and make the necessary preparations. Here’s what you need to know to be on top. One of the big reasons why inventory has remained so low for so long is that an entire generation of home buyers is finally buying! The millennial generation (ages 19-35) has been the driving force behind bidding wars in many areas of the country as they ditch their renter lifestyles and put down…

December 27, 2018 rummy

If you’re a seller who has experienced an expired listing contract. If you’re wondering why others sellers are able to sell their houses successfully and you’re being left out. Or thinking of selling your home and don’t want to end up like the ones mentioned above, then you definitely have to read this. Below are the 5 most common reasons why a listing contract will expire: 1. The Price Sometimes when the market is hot, homeowners attempt to set their listing price higher. Their hope is that a motivated buyer will be willing to pay any price for a house…

December 26, 2018 rummy

Some may see it as counter-intuitive to list their homes up for sale in the market this winter. The season actually holds some advantages, these are 5 great reasons to sell. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home. Take advantage of the buyer activity currently in the…

December 21, 2018 rummy

Buying your own home can be intimidating and requires a lot of preparation, on top of this; we all have our own personal reasons why we chose renting over owning a home. According to our trusted source, there’s about 74% of renters planning to own a home in the future. We totally agree, and for one good reason, rising rental cost is upon us. According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan on buying in the next 5 years, with 38% planning to buy in the next 2 years! When those same renters were…

December 20, 2018 rummy

  Welcome to the 6th episode of eXpand to the Cloud Brokerage Podcast. Today, we have a special guest – Ismail “IshYourRealtor” Kolya to tell us about his eXp Realty experience. Let’s find out his humble beginning, how he got into real estate, what helps him achieved his number today and what attracted him to eXp Realty and how he sees himself in the future. Get in touch with Ismail “IshYourRealtor” Kolya. Give him a call at 914.215.1540 or email him at IshYourRealtor@gmail.com Ready to learn more? Rummy Dhanoa 914.920.2289 rummy@nyreex.com   David Upchurch 704-994-8656 www.DavidUpchurch.com

December 20, 2018 rummy

Unbeknownst to many, homeowners increase their family’s overall net worth simply by paying off their monthly mortgage. Unlike like with renting where you merely put your money out for time used, homeowners get a positive kickback from their monthly payments through home equity. Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists and asks them to project how residential home prices will appreciate over the next five years for their Home Price Expectation Survey (HPES). The latest data from their Q4 2018 Survey revealed that home prices are expected to…

December 19, 2018 rummy

Many have been wondering whether the next crash is just around the bend. We can’t blame them, given the trauma the last big one has left us. No need to fret, as there are only clear skies on the horizon, all thanks to the loose but fair market standards we have today. As it becomes easier for buyers to obtain mortgages, many are suggesting that this is definite proof that banks are repeating the same mistakes they made a decade ago. Today, we want to assure everyone that we are not heading to another housing “bubble & bust.” Each month,…