From small shops and restaurants to residential homes and the unique Spectrum independent movie theatre, the Delaware Area Neighborhood is a charming community to visit or buy a home in Albany.
How strong is your credit? Cleaning up your credit is essential before you make any major financial moves. Having a bad score can hurt your chances of being able to open a credit card, apply for a loan, purchase a car, or rent an apartment.
It is especially important to have clean credit before you try to buy a home. With a less-than-great score, you may not get preapproved for a mortgage. ...
If you've purchased and/or sold a home in the past, you may think you understand the whole process, but chances are, you don't.
Everything has changed, here in Upstate NY and across the country.
After the mortgage crisis, both lenders and lawmakers got busy trying to take steps to prevent the same thing from happening again. As you no doubt know, fingers were pointing ...
1. Interest Rates Are Still Low
Mortgage interest rates are still low—for now.
A 30-year-fixed-rate loan continues to hover around 4%, but many economists believe we will see 5% rates next year. As interest rates increase, so do your monthly payments. A $300,000 house at 4.00% with 20% down would have a monthly payment of $1,146. With a 5% interest rate, that payment ...
Before you sign the final closing papers on your new home, you'll need homeowners insurance. Your lender will demand it, but even if you're paying cash, it's unwise to assume possession without it.
With that in mind, it's also unwise to choose a policy without carefully reading its provisions – and noting what is or is not covered.
It's ...