Mortgage Specialist
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(Inspired by, Reverse Isn’t ‘the loan of last resort’ Anymore, by Ryan Smith, Mortgage Professionals of America, 9/24/14.) In the past, consumers often viewed a Reverse Mortgage as …
Continue Reading about Reverse Mortgages No Longer “The Loan of Last Resort.” →
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It’s common knowledge that real estate is influenced by the economy, job market, and mortgage interest rates. However, many don’t realize that real estate can be influenced by the …
Continue Reading about Four Reasons to Buy A Home This Fall →
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Most Americans have the goal of owning their home free and clear. The “benefits” of eliminating their mortgage as quickly as possible have been programmed into the American psyche for …
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According to RealtyTrac, over 50% of home purchases in New York this year have been “all-cash” transactions. That’s an incredibly high figure! Many of these buyers were foreign investors. …
Continue Reading about “Delayed Financing.” What Every Realtor and All-Cash Buyer Should Know. →
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It’s no secret mortgage lending is not as simple as it used to be. National underwriting guidelines require a rather invasive review of a borrower’s income, credit, and asset histories. …
Continue Reading about Anti-Money Laundering Laws and How They Affect Mortgage Borrowers →
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For the past few years, local Realtors have seen a large number of properties being purchased with cash. While many of these buyers have been foreign investors, many have been New Yorkers, …
