Behind the man and his dream

Behind the man and his dream

On this day please celebrate Martin Luther King Jr.’s life with me by learning a little behind the history of how this day was declared a National Holiday.

It took 15 years to create the federal Martin Luther King, Jr., holiday. Congressman John Conyers, Democrat from Michigan, first introduced legislation for a commemorative holiday four days after King was assassinated in 1968. After the bill became stalled, petitions endorsing the holiday containing six million names were submitted to Congress.

Conyers and Rep. Shirley Chisholm, Democrat of New York, resubmitted King holiday legislation each subsequent legislative session. Public pressure for the holiday mounted during the 1982 and 1983 civil rights marches in Washington.

Congress passed the holiday legislation in 1983, which was then signed into law by President Ronald Reagan. A compromise moving the holiday from Jan. 15, King’s birthday, which was considered too close to Christmas and New Year’s, to the third Monday in January helped overcome opposition to the law.

Dr. King believed in a nation of freedom and justice for all, and encouraged all citizens to live up to the purpose and potential of America by applying the principles of nonviolence to make this country a better place to live—creating the Beloved Community.

 

On this day, Americans of every age and background celebrate Dr. King through service projects that strengthen communities, empower individuals, bridge barriers, and create solutions.

 

Let’s take this day to help him achieve his and the American dream.

What would the crystal ball say about the real estate market for 2017?

What would the crystal ball say about the real estate market for 2017?

As we say goodbye to 2016, we head forth to 2017. While our crystal ball can’t predict everything in the future like who will win the super bowl or who Taylor Swift will date and write a song about, we can make some predictions about the real estate market.

  1. The top buyers will be millennials and baby boomers – As the latter groups of millennials are entering their 30’s, many of them want to settle down and buy houses. The deciding factor for that is there are more jobs being created for 25 to 34 year olds than any other age groups. Baby boomers, on the other hand where the oldest are in their late 60’s, are looking to move and buy as they get closer to retirement. While some boomers are looking to downsize, other boomers are looking to move in a bigger home to make room for children and grandchildren visitations. Also, many baby boomers are thinking outside the box when it comes to location. Many of them are looking to move closer to their family instead of popular retirement spots like Arizona and Florida.
  2. Home values will increase a bit slower than last year – By the end of 2016, home values rose to about 4.8%. The value in homes will continue to rise, but the estimated value is up 3.6%. The slowdown in appreciation, according to experts, is an inevitable effect of the market’s recovery, and signals that the nation’s housing market is normalizing.
  3. More affordability means moving to the suburbs – While home prices’ are continuing to rise, many buyers are saying goodbye to city life and hello to living in the suburbs where the affordable housing are. You can live in the city and be able to walk down the street for a gallon of milk or to grab other amenities, but with that comes a hefty price tag. For that reason, many are willing to commute outwards to be able to find homes in their price range.
  4. The price tag on new homes will continue to be expensive – As they say, you get what you pay for. If you want a brand new house with all the tech and updates for your home, it will cost you a bit. A labor shortage in the construction industry is forcing builders to offer higher wages and benefits to get more workers. However, the price inflect will also be passed onto the buyers.
  5. If you are looking to move out west, be prepared to pay for it – If you are looking to move from the east coast to the west coast, expect the prices to rise. With population growth on the west coast means more jobs for people. However when jobs continue to be created, the demand for homes will increase. And when you have a limited inventory, the prices for the homes will be higher.
  6. Smaller homes will be formed in a dense environment near public transportation – As we discussed earlier, one of the issues living in the city is the price tag. That can be an issue if you were the mayor in the city. What many of them are looking to do is build smaller homes that takes up less space and could fit more buildings. Also, by building near public transportation, if they choose to live outside the main center of the city, they will be able to have easy access to reach the heart of the city.

So we enter 2017 with high hope in the real estate market and wonder if our predictions will come true for sure or not. Here’s to a strong market and hope that when Star Wars episode 8 comes out in 2017, it will blow our socks off, despite our recent lost of Carrie Fisher aka Princess Lelia. May she rest in peace.

Top Performing Branch in Lagrangeville, Celebrates 10 Years

dhill_asimpsonResidential Home Funding Corp. (RHFC) was proud to celebrate the 10-year anniversary of their Lagrangeville, New York branch this past week with a ribbon cutting ceremony at their 3,500-square foot location. The event offered more than food, drink, and fun – it was the overwhelming sense of victory and gratitude that left attendees inspired. Those in attendance included: Doug Hill, Branch manager; Adam Simpson, Sales Manager; Frank Kuri, Senior Vice President of Branch Development; Roberto Lupi, Partner and CEO; Mortgage Loan Originators Elda Gentile, John Jarvis and Sammy Sapek; Jean Dauenheimer, Processing Manager; and over 100 members of the local business community.

Success in the mortgage industry is not easy, especially when 2008 took most ships off course or far out to sea. But not for RHFC Lagrangeville, whose achievement only continues to grow as the ships leader – Branch Manager Doug Hill – guides his wildly talented team every step of the way. Perhaps the most inspiring was the testimonial given by Hill when reliving the action-steps he took to get here, including making personal sacrifices for his team in the beginning stages. “I’ve got the best people here and I couldn’t imagine them not being here today, so the sacrifices I made in the early days were all worth it.”

RHFC is known nationwide for providing the support, communication and keys for success to its branches. With over 40 locations across 12 states, this top 100 mortgage company* has proven time and time again that their lucrative business model and passion for their clients is what has not only set them apart, but what paves the way for continued growth and victory for years to come.

Lagrangeville, under the RHFC umbrella, funds all types of transactions such as basic residential purchases, refinances, reverse mortgages, investment properties, construction loans, mixed use, and more. At Residential Home Funding, there is a loan custom suited for almost every borrower, with each and every customer being treated like family.

*In March of 2016, Residential Home Funding Corp. was named on the list of the Top 100 Mortgage Bankers in America for the fifth time. This list is compiled by Mortgage Executive Magazine annually, ranking companies not only by their total volume, but also crediting them as “high performing” in periods of uncertainty. We Do Business in Accordance with the Federal Fair Housing Law.

Doug Hill, Branch Manager, can be reached at (845) 454-6088 ext 101, or dhill@rhfunding.com. You can also visit them at www.gorhf.com.

Lake Mohawk Labor Day 5k Raises 5k

Lake Mohawk Labor Day 5k Raises 5k

Residential Home Funding Corp. Sponsors Event, Donations go to Lake Mohawk Preservation Foundation

The 1st Annual Labor Day 5k was held at Lake Mohawk in Sparta, NJ on September 5th in an effort to raise money for the Lake Mohawk Preservation Foundation. The race is a new Labor Day morning tradition in Lake Mohawk Plaza, and was immediately followed by the final Lake Mohawk Ski Hawks show of the season.

There were 25 volunteers and 245 runners in attendance. The event was organized by Bill Askin and Todd Hooker from Askin & Hooker, LLC, Attorneys at Law. There were over 20 event sponsors, including New Jersey’s own Residential Home Funding Corp. The morning of the event brought out lovely weather, while runners jogged across the beautiful lake. $5,000 was raised to benefit Lake Mohawk’s Preservation Foundation, a 501(c)3 tax exempt organization.

 

About Residential Home Funding

*In March of 2016, Residential Home Funding Corp. was named on the list of the Top 100 Mortgage Bankers in America for the fifth time. This list is compiled by Mortgage Executive Magazine annually, ranking companies not only by their total volume, but also crediting them as “high performing” in periods of uncertainty. Founded in 2000, RHFC is a big mortgage lender that doesn’t act like one. As the 66th largest mortgage banker in America, they are licensed direct lenders in 12 states including CT, DC, DE, FL, GA, MD, NC, NJ, NY, PA, SC, and VA, while still treating each and every customer like family. RHFC funds all types of transactions such as basic residential purchases, refinances, reverse mortgages, investment properties, construction loans, mixed use, and more. Residential Home Funding Corp. is a direct FNMA lender and also originates FHA and VA loans to NJ and beyond. They are a direct FNMA lender and have LAPP approval. Their program is excellent for first time buyers allowing low down payments, gift money, and flexible underwriting standards on credit and debt to income ratios. At Residential Home Funding, there is a mortgage loan custom suited for almost every borrower, having built their reputation on service and efficiency. Visit Residential Home Funding Corp at www.RHFunding.com.

We Do Business in Accordance with the Federal Fair Housing Law
https://www.facebook.com/Residential-Home-Funding-463562525570/
https://www.linkedin.com/company/residential-home-funding
https://twitter.com/rhfunding

Residential Home Funding Corp. Sponsors Event – John Finkle Recognized by FLEOA for his Support

mortgage-loans-for-policeFederal Law Enforcement Officers Association (FLEOA) holds 2nd Annual Awards Banquet, Honors Top Supporters

The Federal Law Enforcement Officers Association (FLEOA) Foundation held their 2nd annual awards banquet this past weekend in Ft Lauderdale, Florida. The awards dinner was held at the beautiful Bahia Mar hotel, and was attended by law enforcement members that included FBI, Unites States Secret Service, Homeland Security, DEA, ATF, United States Customs, and others. A few of the prestigious awards included prosecutor of the year, FLEOA lifesaving award, investigative excellence, and special agent of the year.

Residential Home Funding Corp. (RHFC) – a top 100 mortgage company* – has over 40 locations across the east coast, including Florida. RHFC was one of the events main sponsors, and is listed in their 1811 monthly magazine as the only mortgage provider for their association nationwide.

John Finkle – a retired police chief – works as a Mortgage Loan Originator for RHFC and helps manage their Mortgages for Champions Program. Mortgages for Champions offers loans to police officers, doctors, EMT, nurses, government, and firefighters with no lender closing costs as a thank you to our heroes. At the awards dinner, FLEOA honored Finkle and presented him a plaque in appreciation of his support for their foundation.

 

 

First Time Home Buyer Testimonial

Congratulations to Rich Nailes and Sharae Crafton for an outstanding job assisting a first time homebuyer purchase her first home! RHF’s favorite part of the letter is “I am happy to say that with Richard and Share’s help, we now live in our own home! However I feel a void that Rich and Sharae are no longer a part of my day.” We are happy to have you both on our team representing RHF!

Check out the full testimonial:

RICHARD NAILES-WEBSITE

March 27th, 2014

To Whom It May Concern:

I am writing this letter as a testament to the wonderful service I received from Mr. Richard Nailes and his Assistant Sharae Crafton of RH Funding.

After 35 years of living in a rental apartment, we were suddenly told that we had to vacate because my landlord was selling his home. We had no intent to buy a home, however we realized after looking at high rents, that to would be to our advantage to buy something. We had limited resources and a small window of time in which we needed to vacate. The situation looked bleak!

We panicked and began reaching out to random real estate people and banks, who promised us great rates, but for whatever reason, I never did feel comfortable with any of them.

I don’t remember quite how, it had to be an act of God, but I happened upon Rich Nailes. From the first moment of contact, I felt his charisma; he was the kindest and most helpful person I had come in contact with thus far.

Being people who had no idea about mortgages and what the process entailed, I was overwhelmed by Rich’s  attention to our needs; his patience with us when out of worry, I asked him the same questions over and over again, which he answered over and over again with patience. He shared his phone number and said that we could text him anytime with any questions that we might have, even on a weekend or late in the evening. He was always available and made sure that at the end of our conversations, we understood the answer. He walked us through the process step by step and made us feel comfortable all the way. At one point, I had made contact with him on a Saturday afternoon about 4:30. He texted me and said he was on his way to church, but he would answer me afterward. Here was a young man, an extremely hard worker, who like many young people could have been interested in any other activities on a Saturday, but he chose to attend church! At that very moment I knew that he was sent by God to help us. He is a witness to faith and it shows. This touched me very much and as a result, I returned to church after several years of non-attendance.

Then Sharae Crafton, Rich’s assistant was introduced to us as the person who would be working with Rich, assisting with expediting the paperwork that was needed. Sharae is one of the nicest and kindest people I have come across in the business world. She too was a blessing because is very knowledgeable and takes her role very seriously.

Sharae maintained ongoing communication with me to ensure that we understood what we needed and explained each document to us. She constantly reassured  me not to worry and that the process would be as smooth as possible and everything would be okay. There were many times when I thought that I wanted to throw in the towel, but Sharae told me to be patient and that it would all work out.

We had hit a few bumps in the road with the property certifications and the other partie’s failure to move as swiftly as we needed them to. I would reach out to Sharae, and she would intervene with the other parties to “make it happen”.

Once again, Sharae had the patience of a saint and never made me feel bad about calling and emailing many times in a day with my questions and frustrations.

I would absolutely recommend Rich Nailes and Sharae Crafton, two very wonderful inviduals, to any associate of mine.

I am happy to say that with Richard and Share’s help, we now live in our own home! However I feel a void that Rich and Sharae are no longer a part of my day.

Sincerely,

Kathleen Hernandez

Foundation’s Charitable Golf Outing & Dinner

Residential-Home-Funding-Foundation

Summer is quickly coming to an end. Although everyone at Residential Home Funding is sad to see the season go so fast, we are also starting to get excited!

Why you may ask?

With the fall comes Residential Home Funding Foundation’s annual charitable golf outing! The event is always great fun, with a BBQ to start off the day, golf into the late afternoon, followed by a delicious dinner with raffles! 

This year the event will take place on October 9th, at the Newton Country Club.

The Residential Home Funding Foundation is committed to enhancing the healing environment for children with acute medical issues. Our goal is to fund programs that make hospital stays less frightening and more enriching for a child.

This fall the proceeds from the Residential Home Funding golf outing will go to St. Joseph’s Hospital in Wayne, NJ and Newton Memorial Hospital in Newton, NJ.

So gather a foresome and contact Dana Kyriakou at dkyriakou@rhfunding.com to reserve your spot today!

Another AMAZING Residential Home Funding Corp Review

Congratulations to Vince Lozano!  We got ANOTHER outstanding Residential Home Funding Corp review because of this phenomenal mortgage loan originator. The President of Residential Home Funding received this residential home funding corp review, and we just had to share it because we pride ourselves on the customer service our company offers to our clients!

See Below For The Client Testimonial:
Hello, Mr Marinaro,
My name is Joseph Barbetta, I have just concluded my loan process with Vincent Lozano as my loan originator, I wanted to take a few minutes to bring your attention to his work, with his help and tireless service he made the process a pleasure to complete, vince availed himself to me on nights, weekends, and holidays in an attempt to have this process accomplished, in all my years of doing business with regards to my rental property I have never experienced this level of service, he is an asset to your company and his efforts should be showcased as the standard for anyone in this business, i want to wish him the best in his career, i would recommend him and your company to anyone seeking a mortgage or refinance.

Sincerely,
Joe Barbetta

RE/MAX OF NEW JERSEY, INC. ADDS RESIDENTIAL HOME FUNDING AS PREFERRED LENDER

remax_of_nj_logo   

RE/MAX OF NEW JERSEY, INC. ADDS RESIDENTIAL HOME FUNDING AS PREFERRED LENDER

(MOORESTOWN, NJ) – RE/MAX of New Jersey, Inc. announces its newest partnership with Residential Home Funding as a preferred lender.

Since its establishment in 2000, Residential Home Funding has built a client base that includes first-time homebuyers and individuals with high net worth. Its goal is to provide each client with an appropriate loan to meet his or her needs. Residential Home Funding focuses on all types of loans from residential purchases to construction loans.

“We are very excited to be given the opportunity to partner with RE/MAX of New Jersey,” said Rick Riddle, Director of Sales, Residential Home Funding. “I believe our company’s core values and commitment to servicing customer’s real estate needs mirrors that of RE/MAX and together we will deliver a unique and satisfying experience to the customer.”

Residential Home Funding is the 66th largest mortgage banker in the United States and is among the Top Ten in New Jersey. They also offer a “Mortgages for Champions” program, which offers special discounts to law enforcement officials, firefighters, educators, medical professionals and government officials.

“Residential Home Funding can provide our real estate agents with great resources for their clients,” said Amanda Brown, Regional Director, RE/MAX of New Jersey. “We are excited to align ourselves with a company that shares our goals and can present such competitive information to our business.”

Residential Home Funding Corp, established in 2000 as a correspondent mortgage banker, is the 66th largest producer of residential mortgages in America. The company, owned by Thomas Marinaro and Dave Stein, has operational headquarters in Parsippany, NJ and has 14 locations throughout the state.

 

About RE/MAX of New Jersey:

RE/MAX of New Jersey was founded in 1985 and has grown from a single office to 160 offices with nearly 2,700 sales associates across the state. RE/MAX of New Jersey continues to be one of the leading real estate organizations in New Jersey. Nobody sells more real estate than RE/MAX. RE/MAX of New Jersey, based in Moorestown, N.J., is a privately owned and operated regional franchiser for RE/MAX, LLC. Please visit www.remax-nj.com for more information.

Residential Home Funding at COPS

Residential Home Funding was at COPS, Concerns of Police Survivors, Survival golf outing at Seaview hotel and golf club. Here is an excellent picture of Residential Home Funding’s Director of Mortgages For Champions John Finkle and Loan Officer Bill Nally, with NJSACOP treasurer Chief Brian Mahoney and NJSACOP incoming president Chief Kevin Sauter.

Residential Home Funding Corp supports Police and tries to do all we can to give back to our community heroes!

 

mortgages-for-champions-rhf