Before Donald Trump was known for his television celebrity, he was a New York City real estate tycoon known for his negotiating skills. In fact he wrote a best selling book called “The Art of the Deal” in 1987 which is regarded as one of the most successful business books of all time. From his studio apartment Trump built an empire on real estate empire by learning every aspect of the real estate transaction mastering negotiating skills. When you look to purchase your new Massachusetts home, understanding how to utilize Read more…
Monthly Archives: December 2013
Why Some Lenders Approve and Some Deny
Niche lending is hardly a new phenomenon but with the tightening of lender balance sheets in recent years niche lenders have become more valuable to real estate professionals as they refer their clients to their trusted referral partners. Agents want to refer their clients to lenders they trust will get the job done right and be an extension of the customer service they have built their business on. Read more…
FHA Loan Limits for Massachusetts to Change in 2014
On Friday December 6th the Department of Housing and Urban Development or HUD for short announced that they are once again making changes to the FHA Single Family Loan Limits. These changes will be implemented for FHA case numbers that are requested after January 1st 2014. Read more…
Your Offer is Accepted! So Now What??? Part 2 of 2 (Appraisal thru Closing)
The Mortgage Buddy would like to welcome back Keith Pentz of RE/MAX Advantage 1 in Worcester, MA for second and final installment of his article “Your Offer is Accepted! So Now What???”. For those who didn’t get a change to read part one please make sure you do. Keith utilizes his background and experience as both a mortgage originator and Realtor to pave a path of success for today’s prospective homebuyers. Read more…