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Buyers must have their financing ducks in a row before placing an offer on a HUD Home. Selecting a good lender is an integral part of the loan process. A lender will take a careful look at a buyer’s financial circumstances and tell him how much mortgage he is qualified to receive. This is important to know and it is an important number to weigh against another number that is even MORE important, the maximum monthly mortgage amount a buyer is comfortable paying, that will not cause undue hardship and a financial strain.

Where do I start?

Where do I start?

Finding your next home… 2 Find Your Home does not have to be a daunting task. It should be a time of great joy and does not have to take a long time. Often home buyers go it alone and do not narrow their criteria enough to find the right home. There are a lot [Continue]

Foreclosure is a process — Not a type of Sale

Foreclosure is a process — Not a type of Sale

A foreclosure is the process that a bank, homeowner and property go through when the homeowner is behind on the payments. Foreclosure has become the sexy word that the media has used. Bank Owned, Government Owned, Short Sale or Distressed Sale -- well those words aren't as sexy as the word Foreclosure. The media needs a sexy word to sell [Continue]

Your credit report

Your credit report

In determining how much you can borrow to purchase a home, lenders look at a number of factors. The most important are these: your income, your debts, the amount of your down payment and your credit history. Lenders view your credit as an indicator of your willingness to repay a mortgage loan. Having poor credit [Continue]

What is a HUD Home?

What is a HUD Home?

Many first time home buyers get into the Buffalo Real Estate market and purchase their first home with a HUD home.    There are some differences to a conventional sale and it is the buyer that is prepared that can then be ready to act when the right home comes up on the market in Western [Continue]

Fair Housing Rules Affect WNY Buyers

Fair Housing Rules Affect WNY Buyers

What a New York Realtor; cannot tell you about a neighborhood might surprise you. We recognize that the purchase of your Western New York home is a huge life altering decision and you want to make sure that you have not only the perfect home, but also that have all the facts you need to make that decision. [Continue]

Erie County HUD Homes For Sale

Erie County HUD Homes For Sale

Erie County HUD Homes for Sale Below is a list of available homes for sale by HUD in Erie County. The most recent list can be found at HUD. Modify your search results: Modify your Search Max Price: Min Price: Choose a City Alden Amherst Attica Aurora Batavia Boston Buffalo Busti Cambria Chateaugay Chautauqua Cheektowaga [Continue]

Available Chautauqua County HUD Homes for Sale

Available Chautauqua County HUD Homes for Sale

Chautauqua HUD Homes for Sale For more information about HUD Homes for Sale, the bidding process, bidding time lines, or if you have Questions about purchasing a HUD home, please let us know!   Search the latest and most up-to-date listings of HUD Homes for Sale at www.HudHomeStore.com. Call Town & Country Partners at (716) 650-0051 [Continue]

2010 Closed Sales – Niagara County HUD/Banked Owned/Short Sales

Address MLS# Sq Ft Days on Market Original List Price Closed Date Sale Price 173 17th Ave B345938 618 223 $                   69,900 5/27/2010 $          32,000 2732 21st St B360004 1248 20 $                   24,900 8/27/2010 $          24,000 611 29th St B359792 1288 7 [Continue]

Sold! 118 Southcrest Avenue Cheektowaga NY 14225

Sold!  118 Southcrest Avenue Cheektowaga NY 14225

Case Number: 372-266406 MLS#:  B396986 Eligible Bidders: All Bidders Bid Submission Deadline: Daily at Midnight CST   Property Information Address: 118 SOUTHCREST ST CHEEKTOWAGA, NY 14225 ERIE COUNTY Appraisal Date: 07/24/2011 Bed/Bath: 3/1.00 Total Rooms: 7 Square Feet: 1254 Year: 1951 Property Design: Parking: Garage HOA Fees: $0.00 [Continue]

Flipping a property? Be prepared to hold at least 90 days!

Flipping a property?   Be prepared to hold at least 90 days!

Did you know that there is a Anti-flipping law?  What does that mean to a WNY Real Estate Investor? It means if you purchase a property as an investor and you want to flip it you have to wait 90 days BEFORE YOU can accept a contract for the property. It’s across the board, conventional, [Continue]

Closed – 224 70TH Street Niagara Falls, NY 14304

Closed – 224 70TH Street Niagara Falls, NY 14304

Sold:  $14,100 Closed October 11, 2011 Case Number: 372-218313 MLS#: B377723 Eligible Bidders: All Bidders Bid Submission Deadline: Daily at Midnight CST   Property Information Address: 224 70TH STREET NIAGARA FALLS, NY 14304 NIAGARA COUNTY Appraisal Date: 12/30/2010 Bed/Bath: 2/1.00 Total Rooms: 5 Square Feet: 952 Year: 1920 Property [Continue]

Sold 19 ABBOTSFORD PL BUFFALO, NY 14213

Sold  19 ABBOTSFORD PL BUFFALO, NY 14213

  Case Number: 372-305698 MLS:  R155064 Eligible Bidders: Nonprofits and Government Agencies Only Bid Submission Deadline: 4/19/2011 11:59:59 PM  CST | Availability of home is subject to the Asset Manager removing the home from the market. Property Information Address: 19 ABBOTSFORD PL BUFFALO, NY 14213 ERIE COUNTY Appraisal Date: [Continue]

Neighborhood Stabilization Program

Neighborhood Stabilization Program

HUD Announces Temporary Policy In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan recently announced a temporary policy that will expand access to Federal Housing Administration (FHA) mortgage insurance and allow for the quick resale of foreclosed properties. [Continue]

HUD Pending Sale – 4926 Rogers Road Hamburg NY 14075

HUD Pending Sale – 4926 Rogers Road Hamburg NY 14075

Case Number: 372-380473 – not availalbe on hudhomestore.com April 15, 2011 MLS#:  B377609 – pending sale on MLS Eligible Bidders: All Bidders Bid Submission Deadline: Daily at Midnight CST Property Information Address: 4926 ROGERS RD HAMBURG, NY 14075 ERIE COUNTY Appraisal Date: 12/22/2010 Bed/Bath: 3/1.00 Total Rooms: 7 Square Feet: [Continue]

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