Jason Parisella's Blog

With the first-time homebuyer tax credit deadline having come and gone, you may be asking yourself, "What now?" Fortunately, the door is now open to a new wave of savings: distressed properties.   For many buyers, the term foreclosure brings up images of run-down homes with no heat and rotting wo...

UNDERSTANDING THE STATE'S NEW REGULATIONSJeffrey C. Turk, Esq.Marcus, Errico, Emmer & Brooks, P.C. Effective January 1, 2010, a new regulation relating to the installation and maintenance of certain smoke detectors takes effect.  This article is intended to provide basic guidance to ensure that r...

Now is the time to buy!   Last week, the benchmark 30-year mortgage rate fell below 5 percent to reach an all-time low of 4.96 percent.   This rate is down from two weeks ago when it hit 5.01 percent.  "The outlook is very positive that these low mortgage rates will persist at least through the f...

According to a recent report from Global Insight, an economic and financial analysis forecasting firm, current housing statistics indicate that now is the right to time to buy. They claim that the U.S. housing market as a whole is undervalued by 3.8 percent. Global Insight analyzed 330 metropolit...

Hello Neighbors! Wow, when they called today's real estate market a "shifting market," they were right on target. It keeps shifting, and shifting, and shifting ... Every time we turn on the news there's a new development that affects our economy and therefore the ability of buyers to "buy" and t...

Why are team?  Well, we are three strong professionals to walk you through the challenges of this market.  Whether you need advice and a market value on your property or a consultation to start the process as a Buyer, we are the team to call!  Both myself, Sarah Byrne & Jason Parisella are consta...

Financing Solutions with David Reed Five Year Increments Which is better, a 30-year or a 15-year fixed rate mortgage?  A common and important question which, when answered, affects both the monthly payment and the amount of interest paid on a mortgage loan. While paying less interest over a short...

Financing Solutions with David Reed For first-time buyers, often the first thought that comes to mind is, "I need a down payment." This is often followed by the question, "Now, where do I get that down payment?" Depending upon the loan type, a home mortgage typically requires 3 to 5 percent down....

Numerous closing costs come with any mortgage. There's a fee for an appraisal and a fee for a credit report... and the lender has its fees, too. And don't forget about the attorney fee, title insurance and escrow charges. Closing costs can vary from state to state and province to province, but yo...