Financing in New York : Advice

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Jessie Bonap…, Real Estate Pro in 10023
Why would an investor purchase a vacant lot? I am about to sell and then renovate a vacant lot in New York City, specifically Manhattan. Here is your opportunity to follow me through all of the stages… Read more
Blogged Sun Dec 14, 2014 by Jessie Bonaparte Financing Property Q&A Investment Properties
Itzel Machado, Real Estate Pro in New York, NY
If you want to emulate a classic value style, Warren Buffett is a great role model. Early in his career, Buffett said, "I'm 85% Benjamin Graham." Graham is the godfather of value investing and introduced… Read more
Blogged Sun Dec 7, 2014 by Itzel Machado General Area Financing Property Q&A
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Claudia Barn…, Real Estate Pro in 10803
WASHINGTON (November 20, 2014) – Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association… Read more
Blogged Mon Dec 1, 2014 by Claudia Barnes Home Buying Home Selling Financing
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Angel Calzad…, Real Estate Pro in Fort Lauderdale, FL
Realtors may find themselves working with a client who has defaulted on a mortgage in the past or otherwise has a poor credit history. In these cases, homebuyers often look to their real estate agent for… Read more
Blogged Tue Nov 25, 2014 by Angel Calzadilla Home Buying Financing Investment Properties
Steven Bueti, Real Estate Pro in Greenwich, CT
     Depending on the amount of time you plan on being in the home there are a few NEW 30 year amortization loan options you may want to know about and they are starting to become the alternative to… Read more
Blogged Wed Nov 12, 2014 by Steven Bueti Market Conditions Home Buying Financing
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Steven Bueti, Real Estate Pro in Greenwich, CT
Pre-Approval Letters are a thing of the past!  In today's lending environment not many sellers are willing to pull their homes off the market and enter into contract with a only buyer providing them with… Read more
Blogged Wed Nov 5, 2014 by Steven Bueti Home Buying Home Selling Financing
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Phil, Home Seller in New York, NY
Phil answered:
2nd home question- I own a first home in Fl. Total piti is $1400 monthy plus $225 community dues monthly, no other regular monthly payments.
I just read that FHA cant be used for second/vacation homes, so same question with Fannie/Freddie which I believe allows up to 50% if "compensating factors"??? Thanks again.
0 votes Share Flag Tue Nov 4, 2014 Financing in New York
daniel.gonza…, Other/Just Looking in New York, NY
daniel.gonzalez answered:
Looking for a 90% LTV loan on a primary home in Suffolk County with a 950 purchase price. Excellent credit and enough income and assets.
Dear Russell,

Feel free to contact me at (516)299-8893 ext.6. Here at People's United Bank we can help you with that need.

Best Regards,

Daniel Gonzalez
Financial Services Ass ... more
0 votes Share Flag Sat Nov 1, 2014 Financing in New York
Steven Bueti, Real Estate Pro in Greenwich, CT
My bank (Luxury Mortgage Corp) just started to offer the NEW 15/15 ARM and I would love to tell you why this may be a better option for you over a 30 Year Fixed!15/15 ARM:  Term-Based off a 30 year term… Read more
Blogged Fri Oct 31, 2014 by Steven Bueti Market Conditions Home Buying Financing
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Steven Bueti, Real Estate Pro in Greenwich, CT
Luxury Mortgage Corp. is one of the largest mortgage banks in the country which specializes in JUMBO & SUPER JUMBO loans.  Being a subsidiary of the publically traded company Tiptree Financial we… Read more
Blogged Tue Oct 21, 2014 by Steven Bueti Market Conditions Home Buying Financing
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Krystyna Rac…, Real Estate Pro in New York, NY
Krystyna Rachtan, CNE, GRI answered:
How to renegotiate this deal?
Hello Simonhotchkin,

So well, that is a rather unusual deal for Manhattan, with seller financing.
You are saying that you are not sure if you got a good deal - we don't know eithe ... more
0 votes Share Flag Thu Oct 16, 2014 Financing in New York
Ernie Behrle, Real Estate Pro in Raleigh, NC
Ernie Behrle answered:
Can a graduate student get a mortgage?
I'll go on the positive side and tell you to check with a local mortgage broker. My daughter is a graduate student and gets paid by the college while working on a research program of w ... more
0 votes Share Flag Thu Oct 16, 2014 Financing in New York
Gene Neal, Real Estate Pro in New York, NY
If you’re in the process of buying a new home, you’ve likely heard the term “closing costs” in regards to the many different fees and taxes that you’ll be required to pay during the purchase… Read more
Blogged Tue Oct 14, 2014 by Gene Neal Home Buying Financing Home Ownership
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Paul F.Marzo…, Real Estate Pro in Hackensack, NJ
Paul F.Marzolla (201) 957-6768 answered:
Looking for a Jumbo loan lender
Avi,

Unfortunately I don't know a single lender who would come close to offering 85% loan-to-value on a loan amount of that size. If you're credit is good I can offer you the mortgag ... more
0 votes Share Flag Wed Oct 1, 2014 Financing in SoHo
Claudia Barn…, Real Estate Pro in 10803
Net Worth of Homeowners vs. RentersPosted in Economic Updates, by Danielle Hale, Director of Housing Statistics on September 8, 2014Share on facebookShare on twitterShare on linkedinShare on google_plusone_shareShare… Read more
Blogged Wed Sep 24, 2014 by Claudia Barnes Home Buying Financing Rent vs Buy
Yasua Hirose, Other/Just Looking in New York, NY
Yasua Hirose answered:
credit for start small business non u.s. resident
We give out any kind of loan, business loan, personal loan, Debt consolidation, Home improvements or a family holiday. reply if you are in need of one loan. yasuohirose7@gmail.com


... more
0 votes Share Flag Sat Sep 20, 2014 Financing in SoHo
Jhonny Polan…, Home Buyer in Newark, NJ
Jhonny Polanco asked:
5 % construction loans Any lenders doing 5 %down construction loans
0 votes Share Flag Sat Sep 20, 2014 Financing in New York
Frank Dolski…, Real Estate Pro in 18901
There are many buyers in a variety of categories who have different “wish Lists”, requirements and sometimes they are unsure and should be educated prior to making such a huge decision. I have compiled… Read more
Blogged Fri Sep 19, 2014 by Frank Dolski Associate Broker Home Buying Financing Home Ownership
jafridi, Other/Just Looking in Chicago, IL
jafridi answered:
Is there any reason to avoid 'no-name' lenders when shopping for a home mortgage refinance?
No, there is no reason to avoid a "no-name" lender. There are over 7,000 mortgage lenders in the U.S. and most of them are not very well known by consumers. Just make sure you're workin ... more
3 votes Share Flag Wed Aug 20, 2014 Financing in New York
Elise Kimmel, Real Estate Pro in Weehawken, NJ
Elise Kimmel answered:
can anyone recommend a hard money lender in NJ or NYC?
The lender you choose should be extremely familiar with the property you are buying and the area. There are areas of the New Jersey waterfront that have had some litigations and your ... more
0 votes Share Flag Mon Aug 18, 2014 Financing in New York
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