Andrew Berman of the Mortgage News Network interviews David Margulies, AnnieMac's Executive Vice President of Wholesale/Correspondent and Strategic Alliances at the Northeast Conference of Mortgage Brokers and Professionals in Atlantic City.
Please select a topic
The home inspection is that pivotal event you hold your breath for when you’re buying a house. It’s an opportunity for a licensed expert to scrutinize every inch of your potential new place for problems—both minor ones and the deal-killing kind.
But when so much is on the line, why wait until the inspection to start investigating? Open houses and private showings are the perfect time to get a little nosy. Let us be clear: We’re certainly not suggesting you should forgo the expertise of a home inspecto
With warm temperatures and long days, Summer has traditionally been the high season for buying and selling real estate. But don't discount these advantages that crop up when temperatures fall. The long-held belief that summer is the best time to buy a home is fading fast. Savvy homebuyers are learning that when fall hits, numerous benefits emerge that simply aren't available other times of the year.
"This time of year has big advantages - like motivated sellers and less competition - that simply can't be ignored"
- Geoff Lewis, RE/MAX President
Itching for the key to unlock your dream of a new house? Here’s yet another reason to love your country: The U.S. has plenty of programs and incentives that could make that goal a reality. If you’re a first-time buyer—and even if you’re not, in some cases—there are some government benefits that can help you afford those new digs.
Before we dive deep into the ways the government can help fund your new home, there’s a little matter to clear up: your eligibility.
The Department of Housing and Urban Development — the U.S. agency that oversees a
From USA Today
When Kristin and Sean Couch were ready to buy their first home, they feared that one thing would hold them back: Kristin’s student loans. Her broadcast journalism master’s degree from Syracuse University
had left her more than $80,000 in debt.
The Couches are part of a generation that’s delaying major life decisions, like whether to buy a home, because of student loan debt. More than half of student loan borrowers say their debt affects th
From Coldwell Banker
From price and location to the physical structure itself, the list of things to keep in mind while shopping for a house can seem endless. But some problems you encounter don’t need to affect your final decision. Although easy is a relative term, accomplishing the 10 fixes that follow is generally pretty straightforward. We also point out some big-ticket fixes to watch out for. Happy house hunting!
1. Easy fix: Repaint or reface existing cabinetry.
If the interior structure of the cabinetry is still sound, refinishing, repainting or refacing (replacing the cabinet fronts) can be a more cost-effective way to refresh a dated kitchen than completely replacing the cabinetry. If the cabinet doors are in poor con
From Financial Post
With the new mortgage rules coming into effect across Canada, many homebuyers are wondering what it means for them, and whether they can still enter the market at all. One of the new rules applies a stress test to borrowers, which means they need to qualify at a higher rate when they have less than 20 percent as a down payment. Before these new rules, mortgage borrowers who took a 5-year fixed-rate mortgage only had to qualify for the mortgage payment based on the interest rate they were getting. For example, if the cu
From Long Fence and Home
A home inspection helps ID areas of the home that need an update or repair. The home inspection lets a buyer make an informed decision when purchasing a property.
Jessica Richardson, a realtor serving the Washington, D.C. metro area, estimates that a whopping 99% of buyers opt for a home inspection before purchasing a home.
“A buyer’s home inspection,” she notes, “is considered a standard part of the contract sales agreement.
From RIS Media
Buyers are so hyper-focused on the home that they often cast aside surroundings. "Surroundings" do not equal trees, fences or landscape. The home's surroundings are the houses around the home and the residents occupying them. Surroundings also include the neighborhood, the passersby and the city. Surroundings are the home's location and it bears equal importance. Here's why location is essential to any future real estate decision.
Is the perfect home near a busy driving area consisting of drug hous
From Business Insider
For most of us, buying a home is the biggest purchase of our lives — and the process is far from simple. Here are nine steps to take to make sure the home you buy is one you can afford:
1. Check your credit score and look at your cash flow.
Start by checking your credit score. "The higher your score, the better the interest rate on your mortgage will be," writes Ramit Sethi in "I Will Teach You To Be Rich" Good credit can mean significantly lower monthly payments, so if your score is not
We wanted to share the news that Joe Panebianco, our fearless CEO, ran the New York City Marathon on Sunday!
As you know if you have ever done this, any kind of marathon run by any person is a challenge to the mind and body. Our Management Team would be remiss if we didn't stop to congratulate Joe and dedicate some words to how inspiring an accomplishment this is. All of us know that Joe takes personal time to recognize each of us when we accomplish anything great, whether that is in the office, in a meeting or on weekly reports. He is a beacon of leadership, dedication and example.
I think it's great timing, actually. Our very motivating Sales Summit is a recent memory. We're heading into a presidential election, and looking to Joe to lead u
From: Zillow Porchlight
You bought your first home and you're thrilled! Just don't forget to close the garage door.
Buying your first home is an occasion worth celebrating. But before you get caught up in decorating and planning that housewarming party, it’s important to make certain your new home is secure.
New homeowners are especially vulnerable to security risks, as they are just beginning to learn about their new home and neighborhood. Get a head start with these 10 home security tips for first-time buyers from experts in the home security field.
1. Assess the
From: Zillow Porchlight
From stone fireplace surrounds to built-ins, craftsman-style details bring character to a builder-basic home.
The American craftsman architectural style originated (by and large) in sunny California at the turn of the 20th century. It is a distinctive American style that incorporates natural materials and clean lines.
While the exterior of craftsman homes offer details upon details — like columns, exposed beams, and stone work — the interior maintains a clean and simple vibe with hand-hewn elements and a down-to-earth feel.
Adding craftsman-style interior elements is a great way to add warmth to a home, especially new construction. Here are five budget-fri
AnnieMac Home Mortgage is among the winners for the 2017 SmartCEO Philadelphia Future 50 Awards, which recognizes the fastest-growing, mid-sized companies in the greater Philadelphia area.
According to SmartCEO Magazine, the winners are chosen based on a three-year average of employee and revenue growth, and "represent the future of the region’s economy and embody the entrepreneurial spirit critical for leadership and success."
This is the fourth year in a row that AnnieMac has earned this distinction.
An awards ceremony for the recipients will take place Jan. 17 at Drexelbrook Catering & Special Events Center in Drexel Hill, Pa.
From: Zillow Porchlight
Building your dream home from scratch is a daunting task, especially if you’ve never worked with an architect, builder, and design team before.
To make the project a little easier to wrap your head around, here’s some advice from construction professionals.
Do your research
The building process isn’t short, so make sure you are happy with your team — you’re stuck with them for a long time.
This requires doing a little homework.