Welcome to the Trank Real Estate Blog!

Last week, The Wall Street Journal ran an article about personal finances that East Aurora mortgage payers who are at or near retirement age should find thought-provoking. It centered on the idea that today’s retirees are often making a decision that differs from what past generations have chosen.

The basis is twofold. First, it’s undeniable that the 60- or 65-year-olds of today rightly expect a future that’s likely to stretch one or more decades longer than was the case for their grandparents....

East Aurora multi-family housing is the umbrella term covering all the various kinds of residences that shelter more than one family. Everything from duplexes and homes with guest cottages to apartment complexes fall into the category, which is most often thought of in terms of the solid investment potential it represents.

While East Aurora multi-family housing offers all of the same investment potential and more (the economies of scale can give an apartment building listing, for instance, many...

They really ought to teach this stuff in school: real-life, day-to-day economics. Elma youngsters out on their own for the first time are usually left to trial and error when it comes to mastering things like how to lay out a personal budget or use credit advantageously. Or even how to go about selecting a bank, or opening a checking account…

So when it comes to buying their first Western New York home, it’s very common for newcomers to put off confronting the whole daunting issue. When you’re...

How easy or hard it is for Southtowns home buyers to secure a mortgage with attractive terms is a key element in the local real estate picture. East Aurora mortgage credit provides the oil that that keeps residential home sales moving smoothly; that, or it becomes a damper (or even something close to an emergency brake!).

The East Aurora mortgage credit situation is largely a reflection of what’s going on in the greater financial world, where the corporate banking interests, world economic cond...

Residential sales in Elma—in fact, all real estate dealings anywhere—remain the most local of commercial transactions. If your house is in San Francisco, a price spike in suburban Newark is probably of little interest, unless you plan on moving anytime soon. Even so, the new projection for overall U.S. residential sales had to perk up area homeowners’ interest.

The “best home sales market in eight years” was the forecast—along with “mortgage originations that will likely rise” and “larger gains...

It may not be the first factor you look at when you begin planning to buy an East Aurora house, but unless you are in the rare position of being able to make an all-cash purchase, sooner or later your credit score will become a prominent factor. That’s why this month’s get-together in Washington held some information that could ultimately become pretty important for both Western New York home buyers and sellers.

The meeting was held at the National Association of Realtors headquarters, with par...

At some point while weighing the pros and cons of buying a new home in town, you begin to mentally fix on a price range. If you are able to depend on a family income that’s fairly predictable, the issue is simplified. If not (small business owners, entrepreneurs, and many sales professionals frequently find themselves in this category), finding an appropriate price range takes careful deliberation.

Sometimes the issue can be decided for you. In most cases, buying a home will involve a mortgage,...