Distressed Borrower’s Remedies

Distressed Borrower’s Remedies

Distressed borrower’s remedies are available but not used often enough. Lenders have several options when working with a distressed borrower.  The most common alternatives for distressed homeowners are: Forbearance: allowing the borrower to reduce or suspend...
Cheap is not Necessarily a Good Investment

Cheap is not Necessarily a Good Investment

Cheap is not necessarily a good investment because there are many other factors that need to be considered. Buyers are always looking for a good price and I have found a good price alone will leave you with a basket full of trouble. It’s very important that when...
Great NYC Finds

Great NYC Finds

Great NYC finds are in abundance but you have to know where to look! Great finds can be cheap, free or simply convenience in NYC but check out the list and come to your own conclusion. NYC Parks with Free WIFI NYC Wireless Register for Emergency Alerts in NYC...
The 5 Factors Of A Good Location

The 5 Factors Of A Good Location

The five factors of a good location are no secret and never change no matter what the market conditions. In a real estate boom, buyers will clamor for almost any house that hits the market. This is great while it lasts, but unfortunately when the party’s over,...
Smoke Alarm FAQ’s Answered

Smoke Alarm FAQ’s Answered

1.  Why should my home have smoke alarms?  • Seconds count! You have less than three minutes to escape a house fire. • The earlier a smoke alarm alerts you, the more likely you will get out alive. • Most fire deaths are caused by smoke – not flames. • Most fire deaths...
No Shopping Spree During Home-buying Process

No Shopping Spree During Home-buying Process

Don’t go on a shopping spree using credit if you are thinking about buying a home, or in the process of buying a new home. Your mortgage pre-approval is subject to a final evaluation of your financial situation. Every $100 you pay per month on a credit payment...
How to Learn About Environmental Liabilities

How to Learn About Environmental Liabilities

When purchasing a piece of property, it is important to be aware of any environmental liabilities associated with it. For example, you should find out if there are any registered underground tanks within several miles of the property, any known contaminated properties...
Top Homebuyers Mistakes

Top Homebuyers Mistakes

Buying a home is the biggest purchase most people will ever make, yet many go into it blind. Here are the top mistakes homebuyers make that are costly and common. 1. Not knowing your credit score If you’re even toying with the idea of buying a home, you must...
7 Things to Know About Title & Escrow

7 Things to Know About Title & Escrow

Common Ways of Holding Title The Functions of Escrow Title Insurance—Where does your dollar go? Understanding Closing & Title Costs Understanding Title Insurance Why Do You Need Title Insurance? Why Lenders Require Title Insurance When...
Lead Poisoning Warning

Lead Poisoning Warning

Lead poisoning warning needs more attention since it’s a serious problem that can lead to adverse health problems. In children, high levels of lead can cause damage to the brain and nervous system, behavioral and learning problems, slow growth, and hearing...