Category Archives: Local Real Estate News

anything related to local Pittsburgh real estate news

Scam Alert! Three Mortgage Modification Scams to Watch out for (And How to Avoid Them)

  As if homeowners who are facing foreclosure don't have enough to worry about, a multitude of loan modification scam artists have invaded the Internet, public files and even foreclosure notices in newspapers in hopes of targeting their next victim. By identifying the top three modification scams and learning how to avoid them, at-risk homeowners can protect themselves (and their homes). Never Pay For Mortgage Modification Assistance Many desperate homeowners fall victim to scam artists who offer to provide them with assistance in the loan modification process for an exorbitant fee. Many times ... Click to Continue

Speeding Up the Close: Five Tips on How to Close Your Mortgage Loan Faster So You Can Start Moving In

When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage process and close the deal sooner. When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage pr ... Click to Continue

First Steps upon Moving Into Your New House

So you’ve purchased a new house and are going to move in soon, what are the first things that you will need to do when you arrive at your new home?

Change Your Address

You will need to change your address for all bills, magazine subscriptions, and other mail. Visit your local post office to take care of this.

Set Up the Utilities

When you move into a new home, you will need to get all of the contact information from the previous homeowner for the utility companies. Be sure to change the services into your name before you move in, such as gas, cable, electricity, internet, telephone, sewer ... Click to Continue

Top 5 Tips for Staging Your Home

Staging your home is essential to receive the most money and also to sell it faster.   You want potential buyers and their agents to be “wowed”!   The single most important staging tip is having the home pristinely clean during each and every showing.  If you’re living in your home while it’s on the market, this will become undoubtedly burdensome but it is well worth the effort in order to sell your home for top dollar.  It may be a good idea to hire a professional service to come in and deep clean everything then take 20-30 minutes each day to maintain it.  Bey ... Click to Continue

Three Hot Renovations That Will Boost Your Home’s Value Without Breaking the Bank

  Are you feeling the "renovation itch" or perhaps looking for a fun project that you can take on which will provide you with a return on your investment? There are numerous home upgrades and renovations that can add value to a home without costing a large sum of money to complete. Let's take a look at three popular home renovations that can increase your home equity without draining your bank account. Paint Your Home Inside and out Painting the interior or exterior of your home costs very little when compared to how much it can freshen up your home's appearance and increase its value. Painting is a ... Click to Continue

Finding the Right Neighborhood to Buy In

Whether you’re a first time buyer looking for their first home or a seasoned investor searching for your next buy and hold property, buying a house in a desirable (or up-trending) neighborhood is always recommended. Real estate industry experts say desirable neighborhoods are more likely to experience stable or rising home prices. Also, when plans change and it’s time to cut ties, properties in desirable locations tend to also sell faster and easier. So, financially speaking, long term home buyers are essentially investing in their neighborhood when they buy a piece of it. Certain characteristics keep neig ... Click to Continue

Nearing Retirement? Three Reasons Why You Might Consider a ‘Reverse Mortgage’

If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and here's why. No Worries About Monthly Payments After taking on a mortgage, there are many costs that you have to worry about. One of these problems is mortgage insurance premiums. Add interest and fees from lender service providers to the mix, and you've got yourself many costs. All of these fees can create tremendous headaches, as a large chunk of the loan amoun ... Click to Continue

Understanding the ‘Qualified Mortgage’ or QM and Why It’s Important to New Home Buyers

Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage. With so many different types of loan products to choose from and financial terms to learn, schooling yourself on the mortgage market before you buy your first home or apply for your first refinance mortgage may seem like a daunting task. Luckily, there are resources that are designed to help you learn the basics of products and terms so that all consumers have the power to inform themselves before securing a loan. What ... Click to Continue

Three Surprising Spots in Your Home That Might Be Aggravating Your Allergies

Environmental allergens affect the way many people live their lives and clean their homes. Allergens make their way into our houses, and can settle in some unexpected places – but knowing where these irritants can hide can help you eliminate problematic allergens from your home. If your house has you sneezing and wheezing in every room, here are three allergy-triggering places where you wouldn’t expect to find allergens in the home. Allergens Lurking In Your Living Room Visitors to your home brings allergens with them. Allergens are easily transferred from your visitors onto your carpet ... Click to Continue

USDA Mortgages: Take Advantage of These Low-rate Mortgage Loans to Buy a New Home

                  Are you thinking about buying a home in a rural or suburban area? If so, you'll want to take a look at the United States Department of Agriculture's mortgage programs as you may qualify for them. In today's blog post we'll introduce the USDA Rural Development Single Family Housing Guaranteed Loan Program, explain the benefits of this mortgage program and how to determine if you qualify. What is a USDA Mortgage Loan? The USDA mortgage program is one of a number of programs in which the federal government will guarantee a ... Click to Continue