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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Home Worthy Tip!

If there’s one task in this world that everyone loves to hate, it’s laundry.  Check out these super-easy laundry tips for putting an end to the never-ending cycle of, well, never-ending cycles.

News Bot July 29, 2021 External Articles Read more

Why the US MLS system is the envy of other countries

I have been following the discussion around the competitiveness, costs and consumer benefits of U.S. Multiple Listing Services (MLS) by those trying to disparage the system. As an Irish immigrant to the United States in 1996 who became a real

Michael Gersitz July 26, 2021 External Articles Read more

How Much Does It Cost to Sell a House?

If you’re thinking about selling your house, you’ll want to know how much it’s going to cost you to do so. The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s

News Bot July 26, 2021 External Articles Read more

Biden administration prioritizes cybersecurity as fraud risks grow

As the Biden administration recently spotlighted, cybersecurity remains a high-level concern for the privacy and security of Americans. In fact, the FBI’s Internet Crime Complaint Center (IC3) has experienced a record number of reported complaints as of late, jumping from

Michael Gersitz July 26, 2021 External Articles Read more

Are we back to a normal housing market?

In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. According

Michael Gersitz July 26, 2021 External Articles Read more

Could online mortgage lenders reduce discrimination against Black homebuyers?

The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin, the popular real estate website, reports that nearly 40% of homes in the past month

Michael Gersitz July 26, 2021 External Articles Read more

First American names new Gulf Coast counsel

Kenneth Farmer has been named regional underwriting counsel for First American Financial Corporation’s gulf coast title insurance, the company recently announced. Farmer, who has been promoted from within, will continue to serve as state counsel for First American Title’s Mississippi

Michael Gersitz July 26, 2021 External Articles Read more

What Does Homeowners Insurance Typically Cover in Fire-Prone Areas?

When you buy a home, you’ll need to have home insurance to cover a variety of unexpected events that could do damage to your home. Typically, your homeowner’s insurance policy includes coverage for repairs in the event your home is

News Bot July 26, 2021 External Articles Read more

Fannie & Freddie forbearances drop to 1.81%

Another week, another drop in forbearance volume. Servicers’ forbearance portfolio volume fell two basis points to 3.48% from 3.50% last week, according to a survey from the Mortgage Bankers Association.  Approximately 1.74 million homeowners are in forbearance plans, the MBA reported. The share of Fannie Mae and Freddie

Michael Gersitz July 26, 2021 External Articles Read more

Go for Gold USA: 3 US Summer Olympic Games Host Cities You Can Move To

The 2020 Summer Olympics are finally here. While the coronavirus pandemic delayed the games by a year, the time has come for thousands of athletes from around the world to gather in Tokyo and compete for their countries.  Since the

News Bot July 26, 2021 External Articles Read more

New home sales dip for third consecutive month

New home sales continued to slip in June, falling 6.6% from May to a pace of only 676,000, according to a recent study from the U.S. Census. It’s the third straight month of decreases and the first annual decline since

Michael Gersitz July 26, 2021 External Articles Read more

Re-thinking property tax reporting can help meet lenders’ need for speed

“I feel the need…the need for speed.” – Maverick (Top Gun) With the increasing “need-for-speed” at which the lending community moves, keeping up is a constant task that never gets any easier. New entrants continue to join the market with

Michael Gersitz July 26, 2021 External Articles Read more

What is Dual Agency and How Does it Work?

In most real estate deals, there are two agents involved – one who represents the seller and another who represents the buyer. However, there is another less common scenario in which one agent represents both the buyer and the seller

News Bot July 26, 2021 External Articles Read more

Borrowers get more options as foreclosure deadline nears

With the foreclosure moratorium for federally backed mortgages set to expire next week, the Biden administration is giving borrowers additional options to reduce their mortgage payments. The Department of Housing and Urban Development (HUD), Department of Agriculture (USDA), and Department

Michael Gersitz July 26, 2021 External Articles Read more

What to Expect During the Home Appraisal Process

There are many important steps to buying or selling a house. One aspect that homebuyers and sellers often have questions about is the home appraisal process and how it impacts them in regards to the home sale. It’s important for

News Bot July 26, 2021 External Articles Read more

Sleep Like Royalty in the Palace of Versailles

You can now sleep surrounded by the 18th-century opulence of Marie Antoinette and Louis XVI. For the first time in its 387-year history, the Palace of Versailles has opened a luxury hotel. Airelles Château de Versailles, Le Grand Contrôle offers

Michael Gersitz July 26, 2021 External Articles Read more

First American, Stewart Title and Old Republic report for 2Q

Three of the “Big Four” title insurers — First American Financial, Old Republic and Stewart Title — released their second-quarter earnings this week. Fidelity National will release its second-quarter earnings on Aug. 3. First American reported $2.3 billion in total

Michael Gersitz July 26, 2021 External Articles Read more

How to Find Your Property Lines: Fast, Easy, and Precise

As a homeowner, you likely have a general idea of where your property begins and ends. You may be using your driveway, the edge of your lawn, or a fence as a reference point. But are you sure those are

News Bot July 26, 2021 External Articles Read more

The Great Reshuffling Is Changing How Far Americans Are Willing to Commute

A short commute appears to be a less important factor for today’s home shoppers Go to Source Author:

Michael Gersitz July 21, 2021 Zillow Articles Read more

New homes selling well even as builders pass on costs

After an epic rise in housing starts and permits from the COVID-19 lows, the latest Census report shows a calm after the housing storm. This report is consistent with my prediction that all housing data will moderate from the epic run-up

Michael Gersitz July 21, 2021 External Articles Read more

How mid-year market shifts are impacting originators

Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. De-risking efforts by GSEs, migration shifts, demographic changes and more are pushing the market

Michael Gersitz July 21, 2021 External Articles Read more

Why should lenders put an emphasis on referrals and generating leads – Now more than ever

HousingWire recently sat down with Matthew Marx, CEO of Evocalize, to learn more about the importance of lead gen and referrals in a hot housing market. HousingWire: In an already high origination volume environment, why should lenders put an emphasis

Michael Gersitz July 21, 2021 External Articles Read more

Keller Williams launches team expansion network

KW Expansion Network will support business operations of the U.S.-based KW real estate expansion teams. Keller Williams has long been hailed as one of the first to embrace the team business model in real estate. The newly launched KW Expansion

Michael Gersitz July 21, 2021 External Articles Read more

Ransomware imperils title, mortgage industry

Ransomware attackers hit major title industry cloud services provider Cloudstar, stopping an untold number of loans from closing on Monday. The ramifications for the title and mortgage industry may extend beyond the immediately impacted loan applications. Late Monday afternoon, Cloudstar’s

Michael Gersitz July 21, 2021 External Articles Read more
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  • Phone: (716)870-5786
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I am a Real Estate Agent based out of Tonawanda, licensed to buy, sell and lease real estate in New York State! Give me a call, it might be the best decision you ever make!


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