Get Your Free Annual Credit Report

Maintain a healthy credit profile with your free annual credit report

Checking your credit on a regular basis is important to maintaining a healthy credit profile.  Even more so when your about to buy your first home.  At the first thought of buying a home definitely pull your free annual credit report. By getting your hands on your credit report early, you have time to check for mistakes and fraud that could be impacting your credit score.  Accessing your free annual credit report early will also give you time to take some measures to improve your … Continue reading...

What is Private Mortgage Insurance? Do I Need PMI? How Do I Avoid PMI?

Understanding PMI or private mortage insurance

One added expense that many homebuyers overlook when calculating mortgage payments is PMI or Private Mortgage Insurance.  This includes many first-time home buyers who have no idea that PMI is required for their home loan. It is important to talk to a mortgage broker before looking at homes so you have a realistic idea of what your monthly mortgage payment will be.  Typically a monthly home loan payment will include principal, interest, taxes insurance and PMI is it is required for … Continue reading...

Should I Buy or Rent My Next Place

Should I buy or Rent

Many renters are asking should I buy or rent a home right now.  As renters are looking to renew leases or seek another place to live they are starting to realize that it may be cheaper to own a home than rent.  A recent study by Trulia shows that nationwide it is 36% cheaper to own.  Realize that statistic can be radically different by region Lets take a look at if you should buy or rent your next home from a financial standpoint.  While there are other reasons to buy a … Continue reading...

No Money Down Loan Programs

No Money Down Loan Programs

Recently I have been involved in a few real estate transaction where the buyer's were able to secure 100% percent financing on no money down loan programs.  While there are some caveats to securing a no money down loan, there are certainly available and it could be a good route to go for you. Available No Money Down Loan Programs The two No Money Down Loan Programs I am familiar with is USDA Loan and the VA Loan program.  If you are a home buyer and consider a low or no money down loan, … Continue reading...

Is Congress going to renew the Mortgage Debt Relief Act?

Here we are 11 months after the expiration of the Mortgage Debt Relief Act of 2007.  All year it has been dangled out there to upside down home owners that it will be extended.  Yet, as of date nothing has happened.  As congress heads back there is still discussion of the Mortgage Forgiveness Debt Relief Act being renewed. What is halting the renewal of the Mortgage Debt Relief Act? Like usual, the Mortgage Debt Relief Act's renewal is tied in with a bunch of other bills.  The big hang up … Continue reading...

Are Short Sales in Massachusetts still a viable option in 2014?

Short Sales in Massachusetts are on the Decline The news keeps reporting that foreclosures and short sales in Massachusetts are on the decline.  While this may be true, for some home owners foreclosure may be right around the corner.  There are still homeowners that have not found work, working at lower pay or have run into some other financial hardship.  While there are a few options to foreclosure, a short sale is many times the best option for an upside home owner who is forced to sell their … Continue reading...

Assessing Your Finance to Buy a Home

Assessing Your Finances Once you think it may be a good idea to purchase a home, it is now time to assess your finances. The first thing to do is go to www.annualcreditreport.com . Do not use any other site but this one. This is the site set up by the three credit bureaus for your one free credit report a year. After pulling your report, check for accuracy. More often then not, there are mistakes that could be affecting your credit score. If you believe something is in error work on … Continue reading...

Surprises are for Birthdays- Not Real Estate Closings!!

In the tumultous real estate climate there are many reasons your purchase may fall apart revolving around financing.  Here are a few tips to keep you in check and prevent heartache. Don't change your credit profile- Do not open any new lines of credit.  It may be obvious not to purchase a new car or a boat, yet buyers still do it.  More importantly some people open lines of credit to buy furniture, appliances and other household items.  Wait until after the closing to open any new lines of … Continue reading...

Contact Me

Kevin Vitali

KEVIN VITALI


978-360-0422
kevin@kevinvitali.com
Kevin Vitali- Massachusetts REALTOR EXIT Realty Beatrice Associates
191 S. Main Street
Middleton, MA 01949 cell phone: (978) 360-0422 office phone: (781) 929-1010

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Massachusetts Real Estate

 

Real Estate Services in the following areas: Northeast Massachusetts, Merrimack Valley, North Shore and Metrowest including the following communities and the surrounding area including Amesbury, Andover, Billerica, Burlington, Chelmsford, Dracut. Georgetown, Groveland, Haverhill, Lawrence, Littleton, Lowell, Melrose, Merrimac, Methuen, Middleton, Newbury, Newburyport, North Andover, North Reading, Reading, Salisbury, Stoneham, Tewksbury, Tyngsborough, Wakefield, West Newbury, Westford

Disclaimer

No information on this website is to be construed as legal advice.  The information is either generalized or state-specific. If you are seeking information for legal purposes please consult an attorney.