Factors for Considering a Short Sale
As the first installment in our 7 part series on Short Sales in Brooklyn Real Estate, we’re going to identify key factors a homeowner considers to determine if a short sale is best for addressing a mortgage default. In preparing for this series, I thought the best way to bring the narrative to life is [...]
Short Sales, New York City and Your New Home in Brooklyn
Just as we were going to publish the first installment of our 7 part series on Short Sales in Brooklyn Real Estate, our editor wanted to make sure our readers were not only receiving great information about short sales, but also knew where these opportunities were. I thought the suggestion made a lot of sense [...]
FHA to Require Banks to Police Mortgage Brokers
We may be heading right back where we came from. The Federal Housing Administration announced ground breaking changes for insuring home mortgages originated by banks and mortgage brokers. Proposed changes could find lenders reviving the bad old days of mortgage lending in Black and Hispanic communities. Could we see a return to redlining by lenders in [...]
4 Things Going Wrong in Brooklyn’s Real Estate Recovery
Back in December 2009, I shared with you the 4 things going right in Brooklyn’s real estate recovery. What a difference a few months make, as recent political and economic events may cancel out any momentum for a lasting, sustainable recovery. If you’re buying, selling or renting, each party will be affected by these 4 [...]
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