Free Money

LIHP has been providing affordable housing to Long Islanders for over 20 years.  Before you Find your Dream House — Let LIHP Find You a Dream Mortgage. Let LIHP’s Mortgage Program guide you from the planning to the purchasing.

Click here for Downpayment Assistance Program

Posted in Area Info, For Buyers, Home Finance, Home Improvement, Uncategorized | Tagged | 2 Comments

Home Loans Explained

Variable rate loans – A variable home loan interest rate moves up and down with with an interest rate that changes periodically.  Generally speaking, a variable rate loan is linked to some major benchmark rate; for example, the interest rate may be stated as “LIBOR + 1%. The loan may or may not have a cap on how much the interest rate can rise or fall, or on how often the interest rate may change. Very often, the initial interest rate for a variable-rate loan is lower than that for a fixed-rate loan. This allows more people to qualify for a loan; however, this kind of loan can be risky because the interest rate (and therefore the monthly payment) can rise unexpectedly.

Home Loans Explained – Video

Continue reading

Posted in For Buyers, For Sellers, Home Finance, Uncategorized, Videos | 5 Comments

Freddie Mac: Better Days Ahead in Housing

Freddie Mac’s chief economist is optimistic that the housing market and economy will improve in the second half of 2011.
Freddie Mac Chief Economist Frank Nothaft said mortgage rates will likely remain historical lows of between 4.5 percent and 5 percent for the remainder of the year. Also, he expects more buyers to stop waiting on the sidelines asrecent price drops in home prices have improved affordability.

 

Continue reading

Posted in For Buyers, For Sellers, Home Finance, News | Tagged | Leave a comment

No New Taxes -Town of Hempstead

We will be able to hold the line on all town taxes in our 2012 budget without cutting any services...because we have adhered to the adage the cautions, “You don’t get points for predicting rain.  You get points for building arks.  “while many goverments hav increased borrowing to unsustainable levels and have put future generations of taxpayers at risk by relying on non-recurring or “one-shot” revenues to plug their leaky budgets, Hempstead Town officials refuse to take taxpayers down that path. Rather, we’ve crafted watertight budgets that have earned top marks from Wall Street.  Our budget practices have been recognized by the independent Government Finance Officers of America as transparent, honest and accountable. Continue reading

Posted in For Buyers, For Sellers, Lifestyle and Community | Tagged , , | 2 Comments

Outdoor Enhancements Can Add to Your Homes Value

Outdoor Living For those looking to increase their home value, outdoor enhancements may be just the thing you’re looking for.

Video: Outdoor Liv

Posted in For Sellers, Lifestyle and Community | Leave a comment

First Time Home Buyer’s Checklist

Your first home purchase is exciting, but it can also be stressful. Here are some tips to limit the trauma and help you find the home of your dreams the first time around. The most important step in selecting a … Continue reading

More Galleries | Comments Off

Three Ways to Increase the Value of Your Home

Buyers only get one first look at a property, and they don’t want to use their imagination. They assume the house they see is as good as it’s going to get. If you want your home to sell, step out of your comfort zone and think like a buyer. Here are three ways to help you turn your house into the home of someone else’s dreams. We’ve broken down each category into low-cost, “Basic” tips and tricks, and an “All-Out” blow-the-budget transformation. How far you take it is up to you.
Continue reading

Posted in For Sellers | Tagged , , | Leave a comment

Find the Best REALTOR® to Sell Your House

By: G. M. Filisko
Published 2010-03-11 16:55:53

Ask detailed questions about their experience and skills to help you find the right agent for your home sale.

Working with the right real estate agent can mean the difference between getting prompt, expert representation and feeling like you’re going it alone when selling your home. Here are 10 questions to ask when you’re interviewing agents.
Continue reading

Posted in For Sellers | Tagged , , , , | Leave a comment

7 Tips for Improving Your Credit

By: G. M. Filisko
Published 2010-02-25 13:35:12

Here’s how to clean up your credit so you get the least-expensive home loan possible.

Getting the loan that suits your situation at the best possible price and terms makes homebuying easier and more affordable. Here are seven ways to boost your credit score so you can do just that.
Continue reading

Posted in For Sellers, Home Finance | Tagged , , , , , | Leave a comment