New Foreclosure Alternative Gives Homeowners a Second Chance
Bank of America recently announced a pilot program that would allow homeowners at risk for foreclosure to give the bank the deed to their house and signing a lease to rent at the market rate. The program, dubbed “Mortgage to Lease,” will be tested on 1,000 at-risk owners in Arizona, Nevada, and New York. This … Read more
What’s in a Millionaire’s Basement?
In some states, a restriction on the size of an above-ground home has forced millionaire home owners to be more creative. Many are spending their money on lavish, underground spaces with ornate spas, modern art galleries, or pristine pools. Other subterranean projects include bowling alleys, bars, virtual golf courses, and skate parks– builders are trying … Read more
In Metropolitan Areas, Foreclosure Rates on the Rise
A report filed by RealtyTrac, an organizations measuring nationwide foreclosure statistics, found that foreclosures both declined and rose in February 2012. While February had 8% fewer foreclosures than one year ago, experts say that foreclosure rates are rising in major cities. In fact, some twenty one states reported an increase in foreclosure rates between January … Read more
Top Ten Ski Homes
This winter brought huge disappointment for Buffalo’s winter folk– sledding, skiing, snowboarding, and snowman-making were a rarity in the region. In anticipation for a much better winter next year, here is a link to the nation’s top ten ski homes. The homes are stunning and rustic, perfectly warm for freezing winter days. They feature all … Read more
Estate Sales Part 2 of 4 – Methods of Liquidation
If an estate sale is held to pay off debt, it is a liquidation sale. Other methods—estate sales, auctions, consignments, garage sales, dealers—each have their own advantages and disadvantages. It’s important to realize that like many other things the quickest and easiest solution is likely to return the lowest amount of cash for the person … Read more
Higher Gas Prices Influence Real Estate Buying Decisions
With gas being at an average price of $4.040 in Buffalo, NY and as high as $4.328 in Chicago, IL it is becoming a burden for people to have to drive their cars. When looking as Gasbuddy.com, a Website that shows the average gas prices per state and city, New York is currently 7th with … Read more
Staying Home Longer: Canopy of Neighbors Opens in Buffalo
The Beacon Hill Movement is sweeping across the country. It began 10 years ago in Boston. Seniors assist each other and received subsidized services to remain independent in their homes for longer periods of time. There are 50 such programs in the US at this time with 600 more under development. Buffalo’s very own product … Read more
Is It A Good Time To Buy Real Estate?
Many of you out there may be questioning whether or not you should buy real estate. You may be wondering is it really a good time to buy or should I wait? The thought has probably crossed your mind that, us, real estate agents would push buying a house on you regardless of the current … Read more
What Causes Basement Flooding
Basement flooding. It’s a problem most of us have had to deal with or one we hope we never do. But for those of us that have and would like to prevent this disaster from happening again there are some things that can be done. One of the main reasons for the abundant amount of … Read more
Maintaining Your Lawn
Whether of not you’re getting ready to list your home for sale, maintaining your home’s curb appeal is important. To make your home’s exterior shine, think about following the same decluttering and staging principles you would use to spruce up the interior. Get an outsider’s view. Take a walk across the street to get an … Read more
