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Downtown Buffalo Real Estate News

August 4, 2009

Find you Buffalo' Home's Value Search for Buffalo Homes For Sale


Hope for those that are underwater with their mortgages

    Is your house worth less then what you owe on your mortgage? If so, the term that defines this is called an underwater mortgage or some also call it upside down and you are not alone, nearly 1 in 6 homeowners find themselves in this position today. Underwater mortgages are mortgage arrangements that effectively leave the owner with more debt on the property than the current market value. Generally, an underwater mortgage situation does not arise when a buyer takes out a first mortgage. The condition tends to arise when a second or third mortgage is taken out, or if factors within the area cause the property to depreciate in value unexpectedly


How Can I Afford to Buy a New Home
How Can I Afford to Buy a New Home? So often there are buyers that think that they cannot get a mortgage for a home that they are dreaming of owning. But there are several financing …

Why you should pre-qualify for a mortgage before you start your WNY home search!
Mortgage Pre-approval Advantages Knowledge — You will know exactly how much you can afford before you start home shopping. Competitive advantage — Sellers and real estate agents will consider you a serious buyer. Speeds time to closing — …

Is this a good time to purchase a home in WNY?
“What separates the winners from the losers is how a person reacts to each new twist of fate.” Donald Trump Real Estate is an interesting business. I spent a lot of time working in the Real Estate …

WNY Are you Stuck in Analysis Paralysis?
Yes you the guy sitting on the fence! And You with the overpriced listing sitting in the corner! Are you over analyzing what is happening in the Western New York Real Estate Market? There are some …

First Time Buyer Advice for North Tonawanda Buyers
Are you ready to buy your first North Tonawanda home? It can be a scary time and the process can be intimidating. First you have to decide how much you can afford, and then you need …

What is a Real Estate Appraisal?
Appraisals are generally used once the buyer selects the house, applies for the mortgage. Banks want to make sure that the value matches the agreed sales price. But that is not the only use of …

First Time Buyer Advice for North Tonawanda Buyers
Are you ready to buy your first North Tonawanda home? It can be a scary time and the process can be intimidating. First you have to decide how much you can afford, and then you need …

5 Reasons You Should Own Your Own Home
Freedom The home is yours. You can decorate any way you want and you will benefit from your investment for as long as you own the home. Equity Money paid for rent is money that you’ll never see …

WNY Real Estate Terminology – FHA
WNY Real Estate Terminology – FHA Let’s talk about FHA – Federal Housing Administration a little bit today. An agency of the U.S. Department of Housing and Urban Development (HUD). Its main activity is the insuring …

How Home Buyer’s can use $8,000 tax credit as a down payment
May 14, 2009 10:51pm: HUD has saved the day. Well, okay, it saved it for a day. It’s gone now, recinded, at least for now. Everything that you have been reading about yesterday, about FHA/HUD putting out …

Answering Questions that Buffalonians may have about the American Recovery and Reinvestment Act of 2009
There are lots of questions regarding the American Recovery and Reinvestment Act of 2009. There are lots of questions how this Act will affect Buffalo …

A new era of luxury living in Downtown Buffalo NY…
Most exclusive luxury condos in Buffalo area A new concept of luxury living in Buffalo NY is at hand and a select few in Buffalo will be able to call the Avant home. I …

Buffalo Area Open Houses
Interested in purchasing a Buffalo area home? Not sure where to start the process? Check out our Buyers Resources right here. Or feel free to contact us directly at ( 716) 310-4754. Buffalo Open Houses Find the …

This site provided to you by:

Colleen Kulikowski
Licensed Real Estate Salesperson
(716) 743-5297 Voicemail
(716) 634-4200 x498 Office
(716) 310-4754
Email Colleen Kulikowski

Search for Buffalo Homes For Sale

A new era of luxury living in Downtown Buffalo NY…
Most exclusive luxury condos in Buffalo area A new concept of luxury living in Buffalo NY is at hand and a select few in Buffalo will be able to call the Avant home. I …

Erie County Million Dollar Homes For Sale
Last year there were two homes that broke sales records in Erie county, yesterday they were in the news with the FBI raid of them and the disclosure that they are in foreclosure. Not all …

Luxury Living in Orchard Park | 6 Edward Orchard Park NY 14217
Orchard Park Home For Sale! Listed for $299,900 6 Edward Orchard Park NY 14217 Orchard Park, in Buffalo’s Southtowns area, is a friendly small town community with fine luxury homes, excellent schools, convenient shopping and a …

Clarence Luxury Living in Westminster
Congratulations! You are thinking of purchasing a luxury home in Western New York. You have an idea what you want and how you want to live. You are now searching out the perfect community …

How Buffalonians can invest like Warren Buffet!
Residents of Buffalo are in a position to profit from the current state of the Western New York Real Estate market if they know what they are doing. That means that the savvy Buffalo Investor …

Is this a good investment property?
Is this a good investment property? I hear that many times. Think about it. How many times have you seen a run down vacant property in Western New York and thought that would be a …

Will Yahoo open a Data Center in WNY?
Sunnyvale California Internet company Yahoo Inc. is looking to establish a data center in Western New York. Governor Paterson’s office confirms that they are talking with Yahoo executives and trying to convince them to do …

Commercial Real Estate Investment – What not to do!
When you have a losing deal don’t blame anyone but yourself. Ways to make money in Western New York commercial real estate: cash flow, appreciation, equity growth, and tax benefits. If you are not making money, …

Current Real Estate Market Conditions in Cambria New York
Town of Niagara Real Estate Market Report
Clarence Real Estate Market Conditions
Erie County Million Dollar Homes For Sale

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