Knowledge is Power: Understanding Amortization and Mortgage Interest Rates

Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?

GOOD FAITH DEPOSITS: A PART OF THE PROCESS OR A DESPICABLE SCAM?

I am often asked by clients about “good faith deposits” and whether they should be skeptical about providing a deposit when submitting an application for an apartment. The answer is, it depends. If the deposit is going to the landlord, that is likely above board. However, if the deposit is being paid to the broker, your skepticism is well founded and you should be prepared to ask MANY questions. I will prepare you for both scenarios…