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 [...]
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. I will point out some of the pros and cons of a reverse mortgages that could help you a little. Lets start with the good news first: Pros You [...]
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.
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.