Pennsylvania Real Estate Update

What's going on in the real estate market? Find out from 20 year veteran John Rainville, Realtor, RECS, CSP and LTRS certified Broker. Residential and commercial topics for everyone from first time buyers to seasoned institutional investors.
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  • Do you have brusied, banged up, or totally messed up credit and want to buy a home?

    Many of us anymore have credit that is not quite good enough now to get a mortgage, or at least not good enough to get the very best rate.  Divorce, illnees, job loss, kids moving back in, bad luck and other life events may have marked up your credit and that can cost you literally thousands if not a million dollars in higher payments for ...
    Posted to John Rainville (Weblog) by 324456 on June 10, 2008
  • The Rebates are Coming!

    Well, I heard on the news that 8 million people will get their rebates on Monday, Tuesday, Wednesday, None on Thursday and the rest on Friday! Please think about how you will spend yours carefully. You may be able to buy a house with that money!  We have a lender that has a special program for several counties in Pennsylvania where you only ...
    Posted to John Rainville (Weblog) by 324456 on April 27, 2008
  • How tough is it to buy a home in the current market?

    Good question, prospective home buyer! And the answer depends on so many things, but really focuses on:Credit ScoreDown PaymentCredit Scores, your "mid" score needs to be 620 or better. What is a "mid" score? Well there are three main Credit Information Repositories--Trans Union, Equifax, and Experian. So that means that 2 out ...
    Posted to John Rainville (Weblog) by 324456 on March 9, 2008
  • The Deals are OUT THERE! Are you looking for a REAL ESTATE BARGAIN???

    Of course you are!  Who isn't looking for a bargain on a house or invesment property! Right now the rates are low, the banks have tightened who they will lend this low rate money to...YOU may be surpriesed it could be you! That's right, your credit situation may not be as bleak as what you have thought!  Scores are rising, ...
    Posted to John Rainville (Weblog) by 324456 on January 1, 2008
  • Hey this market may be "GREAT" for all Realtors!

    What you're saying to yourself, doesn't this squirrel watch Katie Couric and the rest of the TV purveyors of DOOM everyday?  And yes I do.  But I have had the "aha" moment that many have not IMHO (In My Humble Opinion) yet.  The current financing climate  is "forcing" the Realtors back into the ...
    Posted to John Rainville (Weblog) by 324456 on September 26, 2007
  • Why Buyers and Sellers are Excited to Find BrokersRealty.Com

     You've heard the ads, maybe even heard it from your friends or family about the BrokersRealty.Com "Advantage", so just what is it? FREE Shipley or Globe Home Warranty on any home over $99,900! To protect the buyer against unforeseen repairs in the first year. Awesome internet marketing placing you property on 70,000+ web sites! ...
    Posted to John Rainville (Weblog) by 324456 on April 2, 2007
  • I found a $500 down, "Bruised Credit" Mortgage--WOW!

    This guy did  a presentation today at my companies Monthly Business Meeting.  WOW! what a deal in light of the sub-prime blow out!  Here is the info: . . Do you have $500? That is ALL you need down, to buy a home at 100% financing with up to 6% Seller paid closing cost! The $500 can be money paid for the appraisal and home ...
    Posted to John Rainville (Weblog) by 324456 on March 9, 2007