Are you thinking about investing in the Hudson Valley Real Estate? Here is Why You Should Buy a Single-Family Home Instead of a Condo.

Are you thinking about investing in the Hudson Valley Real Estate? Here is Why You Should Buy a Single-Family Home Instead of a Condo.

Top Three Reasons You Should Buy a House Instead of a Condo by Dino Alexander, REALTOR®, Principal Broker, Alexander Maxwell Realty Condos are very tempting properties to buy, especially if you’re in the market for the first time. They are frequently cheaper than houses. The low monthly payment for amenities is also attractive for people with busy lifestyles. There’s also a perception that condos can be used to temporarily build up equity until you’re ready to move into a proper home. Although there is truth […]

Mortgage insurance: Added cost to homebuying or smart way to get in?

Mortgage insurance: Added cost to homebuying or smart way to get in? (BPT) – The homebuying process is exciting, but can also seem fraught with added costs, like a home inspection, title insurance and closing costs. And if you can’t afford a full 20 percent down payment on a conventional home loan, then you will most likely pay for private mortgage insurance (MI). Some people consider private MI yet another added cost, but it helps creditworthy middle-income homebuyers qualify for home financing sooner with a […]

Hudson Valley Aerial Photography by DA SKY

Alexander Maxwell Realty: Rent vs. own: Which is right for you?

(BPT) – If you’re thinking of buying your first home, you’ve probably wrestled with the decision to rent or own your home — and for good reason. Owning a home is a big commitment. With it comes a lot of responsibility and a long-term financial relationship. But which is right for you? To answer that, let’s lean into the facts. The improving housing market Good news! Since the depths of the recession, the housing market has made a heroic comeback. That can be attributed to […]

Hudson Valley Aerial Photography by DA SKY

Alexander Maxwell Realty: How you can improve your FICO Score.

(BPT) – Anyone who has tried to borrow money to purchase a car, buy a home or open a revolving line of credit may be familiar with the term FICO Score. Most lenders use this scoring model, which essentially determines a person’s creditworthiness. “The FICO Score may seem like a big, daunting mystery, especially since your score can have a huge impact on your ability to borrow money at a competitive rate,” said Jim Johnston, of Colorado-based Bellco Credit Union. “The truth is, however, you […]