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Tag Archive buyer

Lancaster Inspector’s Corner – How S.E.E.R Can Save You Money


A star review for the best of the bestWelcome Back Readers! Thanks for stopping by, this post is the second in our Heat Pump article series by Matt Steger of WIN Home Inspection.

This week, Matt tells us what SEER means and more importantly, how paying attention to the SEER numbers can save you lots of money on your utility bills, as well as what types are available to you.Read on after the jump for more details, see you on the other side!

Did You Know That We Can Blame it All on Snow?


A star review for the best of the bestWelcome Back Readers! Or should I say viewers? This is the first of many video blog posts on www.TheLancasterConnection.com. I’m excited aboutbeing able to bring you this contentin a way that isrelevant and timely but don’t worry, there will be more than just video posts to keep you up to date on what’s happening in real estate and the rest of Lancaster County, as we’ll still have all of your favorite guest authors as well!

This week, I wanted to talk to you about snow and ice. Not just any snow, but huge amounts of snow and icewe had that according to NAR is bringing the national housing market to a halt. Or is it?

Watch the video after the jumpto see what I am talking about and why the thought that snow is stopping home sales anywhere in the nation is just WRONG! Oh, and that italian ice there in the picture? You’ll see why that’s there in the video too.

Lancaster Inspector’s Corner – Saving Energy in Lancaster Pa Part 2


A star review for the best of the bestWelcome Back Readers! This post wraps up the two part series on energy efficiency from Matt Steger with WIN Home Inspection! As we began discussing last time. electricity costs inLancaster PA have skyrocketed due to the deregulation of electric companies here in PA. One of the ways to combat this is to take steps to make sure your home is as energy efficient as possible, so this week Matt has some specific steps you can take, so read on after the jump to find out what they are!

The New Age of Social Media and Blogging – An Ethics Minefield?


A star review for the best of the bestSocial networking sites such as Facebook, Activerain, RealTown, Trulia Voices, etc. provide a myriad of ways to connect consumers and colleagues alike with real estate info. Blogs have proliferated in the last few years, people are writing them reading them and commenting all over the internet. These formats allows for a free and open exchange of info, sometimes a little too free and open as commenter’s/authors occasionally forget that we, as Realtors, have numerous regulations and a Code of Ethics to abide by that covers all forms of communication, including “electronic†communication. Read this excerpt from the 2010 National Associations of Realtors Code of Ethics:

Fannie Mae Offers Closing Cost Assistance and Appliance Incentive


A star review for the best of the bestWelcome Back Readers! It’s been a busy month in real estate, so many things happening both locally and nationally it seems everyday there is something new! That’s actually the becoming the normal state of affairs nowadays and I don’t mind as it gives me lots of things to write about!

I wanted to let you know about a program announced today by Fannie Mae. Fannie Mae has a little problem, namely 50,000 homes they now own through the foreclosure process and they are looking to move them. You can see a list of what’s there at www.homepath.com (there are 19 Fannie Mae Foreclosuresin Lancaster County Pa as of today).

That’s not the announcement though, the announcement is that Fannie Mae is now offering 3.5 % of the home’s purchase price as an incentive to buyers! Read on after the jump to find out more!

The Trouble with Tribbles or Why Loan Modifications are Failing to Solve the Foreclosure Problem


A star review for the best of the bestWelcome Back Readers! I put up a post the yesterday about how FHA has recently changed their policies to allow loan modifications for qualifying borrowers before they miss a payment. This is a great policy and I sincerely hope it willhelp more people stay in their homes. The problem though is that in many cases it won’t. Loan modifications nationwide are failing to help avoid foreclosures. Why is that? What does it have to do with Tribbles again? Read on after the jump to find out!

FHA Allows for Loan Modifications for Homeowners Who Haven’t Yet Missed a Payment


A star review for the best of the bestWelcome Back Readers! It was a busy week last week in the real estate world, the Lancaster County PA Real Estate Market is moving quickly.I apologize for the shortage of posts recently due to thisbut you can expect a little more consistency in the coming weeks. I wanted to start of this week with a nice change announced by HUD last Friday.

Until HUD made this change to the rules for FHA loans, in order to qualify for a loan modification, struggling homeowners had to actually MISS payments. So, if you knew you were going to be in torouble, you had to let it happen before you were eligible for loss mitigation. Check out the release from HUD on the details of the program.

The complete press release from HUD is after the jump

The Lancaster Inspector’s Corner – Where to Test for Radon


A star review for the best of the bestWelcome Back Readers! This is the third of four articles in our Radon series, this week Matt Steger from WIN Home Inspection talks a little more about Radon Testing where it should be done and how important “Closed House” conditions are. Don’t know what that means? Read on after the jump to find out!

Did FHA Just Throw First Time Buyers in Front of the Bus for a PR Gain?


A star review for the best of the best

Welcome Back Readers!

I apologize in advance for the negative tone of this post, but it is information that people who plan on buying this year need to have. Let me start with this: There are many solutions available to FHA’s problems, andthere are other programs that allow cash poor buyers to still purchase homes. It is not the end of the world, FHA is still a fine program, but I have an issue with their changes not offering a solution to their problem.

Call me if you want to find out how low money downprograms can still benefit you, in the meantime please be aware of the following info.

FHA has announced policy changes today that will potentially have a negative impact on the housing market. Read on after the jump to seeexcerpts from areleaseby NAR:

The Lancaster Inspector’s Corner – How Radon Testing Works


A star review for the best of the bestWelcome Back Readers! Thanks for returning again for the second part in the Radon series from Matt Steger at WIN Home Inspection! This week, Matt is going to tell you a about how radon testing works, so read on after the jump for that.

Don’t forget that Matt is THEexpert I recommend to all of my clients for their inspection needs, call him at 717-361-9467 so he can help you with yours!