There is nothing worse than getting all geared up for a house move only to find you can’t shift your own property. With the housing market stagnant, an increasing number of people are trapped in their existing homes as they cannot afford to buy a new home without selling their old one first. …
Category Archives: Real Estate
Is A Refinance Worth The Closing Costs?
What’s the value of a mortgage refinance? It depends. In a mortgage, you pay for three things. You pay back the principal of the loan, you pay the interest, and you pay closing costs. In a refinance, the principal of the loan is no negotiable-you’re already in the home and you’re not purchasing something cheaper…
Reverse Mortgages Pros and Cons.
Learning about reverse mortgages can get pretty confusing. There are many details you should get acquainted with when decided if this is the option for you. First and foremost, I would check with my home insurance company as well as legal counsel, but I will point out some of the pros and cons of a…
Multimillion Dollar Homes Still Not Selling After Deep Discounts
Some to the biggest names in entertainment are stuck holding high end properties. Nicolas Cage, 50 Cent and Shaq are some of the superstars with high end homes that are not attracting buyers. Even with %35 – %60 price cuts, some properties are still on the market without a buyer in site.
$420,000 Condos Are Selling At One Brooklyn Bridge Park
The enormous structure over looking Brooklyn Bridge Park has been selling units. Prices has been cut and potential tenants are flying to get one before they run out.