I spoke to one of my attorneys this morning as he drove from one closing to another. He is what you would call a road warrior in my business, driving from closing to closing no matter what
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As opposed to “short and shallow” as I have been hearing on the news.  I can deal with short and shallow, but long and deep scares me!   Buffett says much of the recession will be
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So, where did everybody go?  If you read the headlines, you think that people just packed up and went elsewhere. Does that mean that people have just given up and are moving back with
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Let’s talk about declining market values some more, shall we?    I submitting a mortgage application to a lender last week for a 4 family purchase in Brooklyn, NY.  The house was
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So, now I have something new to worry about over the weekend.  The collapse of the Student Loan Industry.   Bank of America has pulled out of the private student loan market this
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For those of you that care, interest rates changed three times today- upwards.  This means that you will pay more to borrow your money today than yesterday and tomorrow more than today. 
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A few weeks ago, I wrote a post on banks freezing credit lines. Well, now this has become common practice with all lenders, which you could assume would have happened. On one hand
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Private Mortgage Insurance (PMI) has been heavy on my mind lately. As a recap, PMI is required when you put less than 20% as a down payment.  The lenders feel that if you invest less than
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What is going on with all the new construction in New York, Chicago, San Fran and other huge cities? As the market slows down outside, around and now in the big cities, buyers are becoming
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I was so excited to receive my $600 and help stimulate the economy! Government officials have made suggestions on what to do with the money. I cannot decide if I want to go to Best Buy and
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