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Mortgage

How Much Are the Property Taxes?

“What are the property taxes,” asks the diligent buyer. This is a common question and worth getting answered before making an offer. Usually if the house is listed properly the listing agent will provide the tax amounts. As is the case with any information provided by the opposing side, trust but verify. It’s common to [...]

Albany Real Estate: Foreclosure Crisis & Gov’t Response

This is a fascinating chart from the Wall Street Journal. We’ve known for awhile the Albany NY real estate market has been relatively insulated from the home foreclosure crisis. New York’s foreclosure rate is roughly 10% of the current homes for sale. By comparison, one of the worst states is Nevada – 50% of all homes for sale are [...]