• Wappingers Office
    (845) 297 4700
    (845) 297 8178
  • Lagrange Office
    (845) 485 2700
    (845) 485 2703
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    (845) 255 6163
    (845) 255 6757
  • Commercial Real Estate Division
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    (845) 567 8333

Blogs

Want to Raise Your Credit Score?

Here is a link to an informative article . . . all about credit scores.  It outlines the individual factors that are involved in your credit score and what percentage of your score is based on each factor.

There is also a good deal of sound advice on what to do to raise your score.

10 Ways to Raise Your Credit Score 100 Points in 2015 - (TNS)—It’s important to get your credit score as high as possible if you want to qualify for the best loans and credit. Many lenders don’t even look at your credit report; they stop at your credit score. FICO credit scores range between 350 and 850, with 850 being the very best score you can get. […] [RisMedia Consumer News]

Wall Colors That Help Sell Your Home

Flipping through the HGTV shows and scanning the web looking for good ideas on what colors to paint your walls?  Don't trust yourself to pick the right colors and don't want to hire a professional stager to advise you?

Here is a quick link that will simplify the decision process.  Pick some of these colors, coordinated to your rooms of course, and chances are you'll make good decisions.

Benjamin Moore - How To Stage Your Home With Color

Remember, you're doing this to make your home appealing to as many buyers as possible.  It's not for you . . . so you don't have to love it.  The idea is to de-personalize your home.

In addition to the interior paint colors, be sure to follow the basic guidelines in the Pre-Marketing Checklist.

FHA Lowering Mortgage Insurance Premium by .5%

It has just been announced that the FHA will lower its mortgage insurance premiums from 1.35 percent to 0.85 percent. This reduction could save a borrower $1,000 a year on a $200,000 loan.  That $84 per month can make a significant difference for first-time homebuyers who will be able to qualify for more home for their money.

It appears the FHA made this decision to increase its share of the mortgage market.   Since Fannie Mae and Freddie Mac are now offering a 3% down payment loan program, many buyers looking to buy with the least amount of money down will be attracted to this new financing option.

This is all good news for borrowers and for home ownership, and we expect to get more good news in the near future.  

FHA Lowers Its Harangued Mortgage Costs -

Responding to recent calls from industry leaders and associations, the Federal Housing Administration announced it will lower its insurance... [NAR Daily News Magazine]