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?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Time for a little holiday levity! I think the following picture* sums it up pretty well. To all of my buyers, sellers, appraisers and tax assessors, a very Happy Holidays! YOUR HOME AS SEEN BY… *credit to @LOFMath for the original image and post
The following article was written by the fine folks at Weidenbaum & Harari, LLP – an excellent real estate law firm in New York City. I have been enthusiastically recommending my buyers and sellers to Barry Weidenbaum for a decade and plan to continue doing so for the next decade to come. This – along with every article on their site – is a great read and worthwhile information for any co-op purchaser, so I thought it would be beneficial to my readers. Thank you Barry and enjoy the article!
If you are – or know – a homeowner who is considering selling a home this year – even if you/they are leaning toward selling as a FSBO (for sale by owner) – preparation and overall strategy are key, and due diligence regarding important details such as when to list, for how much and, how should not be overlooked […]
Welcome to Part 7 of my ongoing blog series, “Purchasing an Apartment in New York City”. In Part 6 of the series – “The Bank” – I focused on the role your lending institution plays in the purchase process, assuming you are financing a portion of purchase. In Part 7, I will attempt to mentally prepare […]
Assuming you are financing a portion of your purchase, the bank will play an important role in the success and timing of the overall process. Therefore, it is important to have some insight into the role your mortgage professional and the bank play, and the behind the scenes process of obtaining a loan.
2016 has been an incredible year of change, discovery, focus, creativity, balance, community, family and success. I am so incredibly thankful to my wife, family, friends, clients and colleagues for cheering me on before, during and after my decision to leap, and for continuing to support me throughout the past year as I rebuilt my […]
Any prior explanation of this exercise could ruin its effectiveness, so grab the nearest calculator and enjoy the ride! Think of a number between 1 and 10. Multiply that number by 2 (don’t hesitate to begin using your calculator now…no judging!) Add 8 to your new number. Divide that number by 2 . (don’t you wish […]