Found 3 blog entries tagged as homes for sale in ulster county.

It is true that buying a home is cheaper than renting. Reasons for this is that home prices continue to fall and mortgage rates are at historically low levels, and rents are on the rise as more and more people are choosing rentals over buying. The prices of homes are also something to take into consideration. If home prices are on the rise, people are more likely to buy as they expect a bigger return on their investment. 

A great alternative to renting an apartment again, would be to buy a starter home. Just listed in a great neighborhood in Lake Katrine, this cute three bedroom ranch fits the bill. Close in proximity to Kingston, Saugerties and the NYS Thruway makes this a convenient choice. Whether you are using the bedrooms as an office and a guest…

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Improve Your Credit RatingIf you are like most people who are interested in purchasing a home, you don’t have enough money in your savings account to cover the entire cost. As such, you will need to go through a lending institution in order to obtain the money you need to purchase your home. To ensure you get the best rate and loan possible, it would be a good idea to take steps toward improving your credit rating before you start looking into your loan options. While improving your credit rating is a process that needs to be completed over time, it really is easier than you might think to improve your credit rating. Whether looking at Maryland luxury homes or a condo in Ulster County, here are 5 tips for improving your credit rating before you purchase a home.

Tip #1: Review…

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 housing crisisAs banks are loosening credit, the housing crisis is expected to end this year, which is great news. This is due to the fact that mortgage lending has remained stable over the past three quarters, now in the forth, with the requirements of a credit score of 700. According to banks, they are now lending amounts up to 3.5 times borrower earnings, up from the low of 3.2 times borrower earnings. Banks are also loosening loan-to-value ratios, which Capital Economics denotes “the clearest sign yet of an improvement in mortgage credit conditions.”

With that said, if borrowing and credit conditions return to normal, maybe, just maybe, home sales will increase again!

Homes for sale!

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