Just Real Estate Talk

It’s All About Real Estate…..

Welcome to my Blog, Just Real Estate Talk!

Whether you are a Home Buyer, Home Seller, Current Homeowner or would just like to become more knowledgeable about real estate, you should find articles of interest.

David Fialk Realtor Client Review
August 30, 2020

Always a pleasure to receive a Client Review like this! David Fialk, Realtor Emeritus, C2EX, CRB, CRS, ABR, GRI, ePRO                   Licensed Since 1971, David Fialk is Licensed Real Estate Broker Salesperson in North Carolina(Intracoastal Realty, Wilmington 28411) & New Jersey(Coldwell Banker Residential Brokerage, Metuchen 08840) and has helped more than 1800 Families Move across Town... Throughout the State... and Across the Country! David can be reached via email or by phone at 910-859-0200 or at www.DavidFialk.com. Planning on purchasing real estate? Thinking of selling ... Continue Reading
Tags: David Fialk, Real Estate Client Testimonials

The Importance of Mortgage Pre-Approval
August 28, 2020

Before taking the time to drive around looking for a home, before taking the time to visit Open Houses and before taking the time to meet with a REALTOR® to look at homes, meet with a Mortgage Lender to review the mortgage process and obtain Mortgage Pre-Approval. The reality is that most all buyers need to obtain a mortgage to buy a home. Since so few buyers are able to think about buying a home and paying cash, wouldn’t it ... Continue Reading
Tags: Home Buying, Mortgage Pre Approval

Historical Mortgage Interest Rate Charts
August 19, 2020

I have been Listing and Selling Real Estate since 1971, spanning 6 Decades now! Never once did I think a 30 Year Fixed Rate Mortgage would be under 3%. And, YES, Mortgage Interest Rates did drop below 3 %! During my Career, I did sell a home where the Buyer obtained a  19.4% Mortgage and another sale where the Buyer assumed a 4% VA Mortgage Loan when Mortgage Rates were much, much higher. Interest Rates do have an impact on the Mortgage Payment ... Continue Reading
Tags: Home Buying, Mortgage Information, Mortgage Interest Rates, Mortgages

Fannie and Freddie fee could push homeowners off the fence
August 13, 2020

With everything that has occurred since Mid March of this year.... This is beyond my comprehension! Fannie Mae and Freddie Mac are imposing a 50 basis point fee on homeowners who refinance a mortgage backed by the government-sponsored enterprises (GSE), beginning September 1, according to dual bulletins released by the GSE’s. [embeddoc url="https://davidfialk.com/wp-content/uploads/2020/08/inman.com-New-Fannie-and-Freddie-fee-could-push-homeowners-off-the-fence.pdf" viewer="google"]   Continue Reading
Tags: Real Estate News, Uncategorized

2020 Homebuyer Preferences
August 7, 2020

2020 Homebuyer Preferences [INFOGRAPHIC] Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money to put toward a down payment. Let’s connect today if your needs have recently changed and you’re ready to make a move this year. Continue Reading
Tags: Home Buying, Real Estate News

A Beginner’s Guide to Understanding Homeowners Insurance
July 6, 2020

Source: Rismedia.com Buying homeowners insurance for the first time can be intimidating. Gaining a better understanding of what it covers, what it doesn’t, and how much coverage you need can help calm your nerves and build your confidence. While buying your first home is exciting, buying your first homeowners insurance policy isn’t nearly as much fun. New homeowners have all kinds of questions about what homeowners insurance covers and what it doesn’t, and understandably so. When shopping around for a policy to ... Continue Reading
Tags: Home Buying, Homeowners Insurance

Home Buyers Wilmington North Carolina Real Estate

Home Buyers: Are You Making a Real Estate Contract Offer, or Do You Really Want to Buy the Home Wilmington, North Carolina? Home buyers are out looking in the Porters Neck area and throughout all Wilmington, in Leland, in Hampstead and all over North Carolina. Are you interested in seeing the Homes For Sale in Wilmington, NC 28411? Set Your Desired Home Search Criteria? Home buyers are making contract offers in Wilmington, North Carolina. Home buyers are purchasing homes in Wilmington, North Carolina! There is a shortage of ... Continue Reading
Tags: Contract Offers, Home Buying

NAR: Home Ownership Matters
June 3, 2020

Home Ownership Really Does Matter...... Since its inception, Home Ownership Matters has been used by millions of current and future homeowners to learn about and take action on policies that impact homeowners and homeownership in general. Find Your State! Explore Topics! Stay Informed! Take Action! www.HomeOwnershipMatters.Realtor           Continue Reading
Tags: Home Owners, Real Estate News

Home Selling in the Age of Coronavirus
April 19, 2020

      The following articles appeared on realtor.com between April 13th and April 18th. The Home Closing Process Amid Coronavirus: The Seller’s Guide to How Long Will It Take COVID-19 has thrown a few wrenches into the home closing process, which now takes 60 days on average. Here’s why, and what to do. 2 days ago The Home Seller’s Guide To Striking the Right Deal Today—Despite the Pandemic Even with the uncertainty created by the coronavirus, sellers still have leverage to negotiate their home sale price and ... Continue Reading
Tags: Home Selling

Down Payments and Buying a Home
January 21, 2020

Do You know What Down Payment Requirements Are in Buying a Home?   62% of Buyers Are Wrong About Down Payment Needs According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a home.” When potential homebuyers think they need a 20% down payment to enter the market, they also tend ... Continue Reading
Tags: Down Payment Requirements, Home Buying