Hello, and welcome to another edition of Real Estate Radio News right here on WPHT 1210 am every Sunday morning from 5:30 to 6:00 am.
The next 30 minutes are reserved to share with you some of the Real Estate News in your local area and how it affects you. Every marketplace has obstacles. I hope that today’s show provides some practical solutions in an effort to help you on the path to finding new opportunities.
Please feel free to call me, Peter Buchsbaum at 215-740-8999 or visit www.peterbuchsbaum.com.
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So last week we discussed what the reports on Wall Street actually mean.. This week the Real Estate News included Higher Rates will not deter the rise in real estate prices. The article was interesting in that it cited past recoveries and that the rise was not too fast. Well, I disagree. One the rise is the fastest that I have witnessed in my 40 years in the industry and this recovery is nothing like past recoveries. The survey says “bad math skills equal foreclosure”. So a professor at Columbia Business school conducted a survey and found that math challenged borrowers were five time more likely to default on their loans. I had to smile at one of the questions: “How much would a $300 sofa cost at half price”. Seriously if you failed that question I do not think it’s your math skills that are in question. And finally an interesting article boasting the best advice for Homebuyers and Sellers. The first item on the list was to price your home below market to create a bidding war. This sounded dangerous to me. The best advice that I saw was be prepared. They stated that the more prepared you are the better settlement will be. I cannot argue that. If you tune into Real Estate Radio News you will certainly be better prepared.
Today I am joined by James Maxwell of J R Maxwell builders. When you choose J.R. Maxwell Builders you can be certain that you will receive the highest quality service and support as well as superior attention to detail. Whether they are simply fixing your front door or building you a magnificent new home, from the materials they choose to personnel decisions, they have a specific standard of quality to which they always adhere.
They refuse to cut corners and they will work with you at every phase of production to guarantee that your needs are met. Regardless of the circumstance, their customers come first. They take great care to ensure that they complete your project according to your exact specifications and timelines. If you are unsure about certain aspects of finished work, they will adjust it for you. If you choose to renovate your home you can continue living there while work is being finished.
Access RealEstateRadioNews.com on Sunday morning to listen to the discussion to learn what they don’t want you to know.
In combination with CBS and WPHT 1210 am we have also been fortunate enough to have been asked to write some articles in “Local Living Magazine” to explore some of the questions you all ask us and the answers we provide. Look for your latest issue this month. For a FREE subscription please email us.
Each week we discuss the myths of the mortgage market. It is not about rate. A higher rate with no mortgage insurance may provide a lower payment.