Q & A with Dottie Herman
Real Estate News

Is It Hard to Find a Place in New York City on My Own Versus Using a Broker?

Is It Hard to Find a Place in New York City on My Own Versus Using a Broker?

I am learning about the NYC market and trying to decide if I need to hire a broker. If we do this, how much can we expect to pay in broker fees? Read More »


Does Buying in Cash Give Home Buyer Upper Hand in a Deal?

Does Buying in Cash Give Home Buyer Upper Hand in a Deal?

Does paying all cash for a home give me an upper hand over other offers that require financing? Read More »

How Long Should We Wait?

How Long Should We Wait?

If we get locked in for a mortgage rate, how long can we lock in for? he typical lock in period for a mortgage is 60 days. If you need beyond 60 days, you can ask your lender about extended lock-in terms. Read More »

Are Preapprovals Still Relevant When Buying a Home?

Are Preapprovals Still Relevant When Buying a Home?

Are pre-approvals and pre-qualifications still as important for the purchase process as they were a few years ago? Pre-approval and pre-qualifications are generally just as important as they were a few years ago. Read More »


Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated September 30, 2016 12:36 PM ET

Q & A with Dottie Herman Property News

Does installing solar panels add any value to my home for resale purposes? Depending on your home's heating and air conditioning systems, solar panels may add value to your home.

I recently invested in a new business and needed to use some of my home equity line for the initial down payment. I anticipate being able to put the money back relatively quickly.

Should we re-apply with the new money in our account or do we have to wait a certain amount of time? The bonus has to be consistent for 2 consecutive years.

All things being equal, re-finance and purchase rates are the same. But in a re-finance boom with interest rates at an all-time low, two things tend to happen.

If a co-op and condo apartment have identical interior and exterior amenities and the only difference was their property type, the condo would sell for more.

Real Estate is not considered to be "Sold" until the actual transfer of the property has taken place and consideration has been paid. Once that has taken place.

My home was on the market for a few weeks. My husband and I decided that we want to stay in our home. Is there a way we can take it off the market?

I own a business and would like to rent an apartment under my corporation. Is this possible?

How difficult will it be for me to find an apartment if I had to declare bankruptcy last year? The process can potentially be problematic for a renter who has filed a bankruptcy petition.

There is a home in my area that my husband and I love. We have looked at a number of homes, and also have lived in the area for years. This house is totally overpriced, and we want to make what we think is a fair offer..

In order to become a Licensed Real Estate Sales Agent, you must attend an accredited school that offers the courses required by the state in which you live. There are also courses that qualify on-line.

How difficult will it be for me to find an apartment if I had to declare bankruptcy last year?

if we want to head to the suburbs. We both are from the west coast. How do we decide where we should look within Manhattan?

What's the difference between a mortgage pre-approval and mortgage commitment?

Does the home I am buying have to appraise for the loan amount or purchase price?

What is an ARM loan? And how do they work? ARM loans are an acronym for Adjustable Rate Mortgage, Many are known as a 3/1, 5/1, 7/1, 10/1. These are loans that start out at a reduced interest rate.

Can I apply for a loan before I find a home to purchase? Or should I wait to find a home I like and want to buy before I apply?

Why are some mortgage rates listed as a percentage and as an APR? What's the difference and is there a benefit to one over the other?


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO