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Something new is stirring in the ordinarily hidebound world of residential mortgage offerings: a new way of approaching the financing of home purchases. If successful, it might well shift the way some Elma mortgage contracts are written.
The experiment is known as the “Wealth Building Home Loan,” and it addresses a home-ownership problem that has been talked about for a long time, with little being done to solve it. The issue in question is how to unburden new homeowners from spending years in...They don’t teach this in high school, but maybe they should. The difference between an East Aurora buyer’s agent and an East Aurora seller’s agent can be pivotal, yet first-time home buyers have to figure that out on their own. You can read quotes on the web that say things like, “I looked for a buyer’s agent instead of a real estate agent” (true story!) that illustrate how little knowledge is out there. It wouldn’t take much classroom time to explain that buyer’s and seller’s agents are both re...
East Aurora area home buyers may not have been watching the Patriots’ squeaker victory in Sunday’s Super Bowl for the purpose of learning something about real estate, but at least one useful piece of wisdom did become evident: the enduring value of minding the fundamentals. Despite the harrowing last 20 seconds, when the power of Seattle seemed sure to win the day, New England had confidence that their team was steeped in the fundamentals. Elaborate plays or complicated strategies didn’t seem im...
When an East Aurora Neighbor Misbehaves…
Finding the absolutely perfect home—then being able to afford—may be every East Aurora home seeker’s dream accomplishment, but absolute perfection in any realm usually remains exactly that: attainable in a dream, but nowhere else. In fact, online mortgage site HSH.com surveyed homeowners and found a tiny 20% of the home owning population had zero complaints about their current digs. Sixteen percent wanted a larger place; 9%, more closet space. Lower perc...
