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No Dogs Allowed. Condos and pet restrictions.

Whenever house hunters have beloved cats or dogs -- or plan to have beloved cats or dogs -- they face problems finding a condo association that will – absolutely -- accept their furry loved one. It has always been the case that some big associations restrict all pets. Some restrict dogs or cats, unleased or

By |2016-12-28T14:01:12-05:00April 9th, 2014|Categories: House Hunting, Uncategorized|

Buy next to the toxic waste site?

A reporter from Angie’s List contacted me a week or so ago to talk about housing that is compromised by people and places in the area. He wrote his story based on what a number of well-reputed agents told him.  He quoted me fairly accurately, but left out quite a bit. He also only cited

By |2016-12-28T14:01:13-05:00March 26th, 2014|Categories: House Hunting, Uncategorized|

Lies, damned lies, and statistics

Those who don't understand the meaning of the numbers can be easily manipulated. Not only can economists and journalists confuse people with numbers, so can crooked mortgage originators, real estate agents, and companies who give credit to young (and not so young) adults. Economic "news" is frequently poorly written for those who do not read

By |2016-12-28T14:01:13-05:00March 19th, 2014|Categories: Market data and conditions, Money and finance, Uncategorized|

Demise of the paper check

Sic Transit Gloria Paper Checks Ron Rothenberg 4 Buyers Real Estate     Few industries have defended their attachment to paper as ferociously as real estate law.  But the reign of paper may be ending, as digital contract signatures become more the norm than the exception.   One piece of paper that hasn't gone away

By |2014-03-11T22:30:16-04:00March 11th, 2014|Categories: Brokers and Buyers, House Hunting, Money and finance, Mortgage matters, Ron, Uncategorized|

Handy “how to” tip: Get your tax transcripts quickly and easily

As of January 10th, new lending regulations make it mandatory that borrowers provide certain documents. Among those are proving current income and assets. For a salaried employee, a few pay stubs will work. A self-employed person or someone who doesn’t have a stable income because of varying work hours can use tax returns to show

By |2016-12-28T14:01:13-05:00January 30th, 2014|Categories: Mortgage matters, Uncategorized|

ATR (Ability to repay) and QM (Qualified mortgage) Changes in borrowing 2014

I spoke with Elaine Manfredi at Wakefield Cooperative Bank. She reviewed the new regulations that went into effect on January 10, 2014. In short, lenders are being told they have to be consistent and check all borrowers completely. Ability to Repay (ATR) guidelines require all borrowers to provide at least all these things: Credit report

By |2017-10-27T17:18:12-04:00January 20th, 2014|Categories: House Hunting, Mortgage matters, Uncategorized|

Getting ready: prepare to get a mortgage

If you have a new year’s resolution to buy a house in 2014, here are some things you can do to smooth the path to getting a mortgage. The paperwork does not have to be overwhelming, if you are prepared. Avoid - unless absolutely necessary • Don’t transfer funds between accounts within 30 days of

By |2016-12-28T14:01:13-05:00December 31st, 2013|Categories: Mortgage matters, Uncategorized|