As a corporate real estate broker / registered NYS Mortgage broker, I can assist you with all your real estate and mortgage transactions.Â
I have over 12 years of experience in the real estate andÂ mortgage field, property manager, e-fileÂ tax preparer, approved Hud Broker, Notary public, license process server.
In these tough economic times even though we all hearÂ it's a buyer's market, unless your credit score is in the 700's or higher and you're putting 20% down or higherÂ towards a mortgage, it will beÂ extremely difficult to get a loan today.
My suggestion for seller's today with a 2 unit or moreÂ that are notÂ experiencing any hardship andÂ looking to sellÂ your houseÂ in this market.
I wouldÂ suggest you toÂ rent while continueÂ prayingÂ and hoping that this economy gets better if you want to succeed in selling your home whether by yourself or through a broker.
It's moreÂ a rental market inÂ today's bad economy than a buyer's market becauseÂ more people areÂ in a better positionÂ toÂ rent an apartment verses buying a home today.
Purchasing a home today is much more difficult even though it's a buyer's market becauseÂ the lending institutions are not lendingÂ any money or giving any mortgages out to anyÂ potential buyer thatÂ are considered a risk with a low credit score and low incomeÂ and areÂ not in a position to put 20% or more down towardsÂ a mortgage.
With that being said most peopleÂ that wanted to take advantgage of this so called buyer's marketÂ andÂ own a piece of the "American Dream"Â are finding out the hardway, it's only aÂ "DREAM"Â in today's economy to own a piece of the "American Dream".
Sadly, when they are awaken,Â they're still inside their one (1) bedroom apartment and realized it was just one bigÂ "DREAM"!!!