Is Buying Foreclosures Now ‘Sexy?’
Haven’t you heard? Foreclosures are “sexy.” Just ask Phil Faranda, a Realtor who specializes in distressed properties. He says foreclosed-on homes, which may have been frowned upon by homebuyers in the past, have become hot-ticket items in recent years. “When you think of a foreclosure, lots of the time you think of a kind of […]
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Mortgage Rates’ Rise Catches Home Buyers — and Lenders — Off Guard
When Jared Rutledge called his mortgage broker one morning last week after putting in an offer on a home in Glendale, Ariz., just west of Phoenix, he discovered that the 3.8 percent rate he had been quoted a couple of months ago had already gone up to 4.125 percent. That afternoon, it had inched up […]
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J. Philip Real Estate In Putnam Doubles Sales Team
PUTNAM COUNTY, N.Y. – J. Philip Real Estate, a lower Hudson Valley-based independent brokerage, announced today that the firm has hired six new agents to service the agency’s growing client base and increased first quarter sales in Putnam. Broker Phil Faranda says, “I am very excited about the team my partner, Jennifer Maher, is building […]
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