A decade ago, when home values were soaring and real estate was booming, many homeowners took advantage by taking cash out from the equity in their home. Typically, the loan was structured as a Home Equity Line of Credit (aka “HELOC,”) which functions very much like a typical consumer credit card. Specifically, a homeowner will
On Tuesday, The Hudson County Jewish Business Alliance (http://www.hcjba.com/) presented the Gold Coast Real Estate Conference in Jersey City, which featured prominent government officials and business executives. The HCJBA, founded and directed by David Rosenberg in 2015, is a unique and
Designing a new bathroom or updating an old one is a great investment in your home and will give you added functionality and beauty in a space that you use all the time. If you desire to do a full renovation but that isn’t possible due to budget or other considerations, there are many ways to update and improve
As soon as rates go up there is are abundant articles and news reports that refinancing is dead. Refinancing is not only a rate-based decision, and there are many reasons to consider refinancing.
For those borrowers who missed the opportunity to refinance for various reasons, there is always an opportunity to refinance as long as the numbers make sense
I recently had the privilege of speaking at an event in front of a room full of real estate agents. The broker who introduced me with very generous remarks, made sure to emphasize to her agents that although she highly endorses me as a mortgage lender, it is always a good idea to “refer at least 2 or 3 mortgage people” to avoid
We recently were involved in a very small deal in Jerusalem, and I mean tiny. We sold a 15 square meter (sqm), or approximately 160 square foot, studio in Rechavia for 500,000 NIS, or $130,000.
Everything about the unit appeared to be kosher, despite its diminutive size: The building drawings
When you are so focused on your move and quite possibly grieving the idea of moving, it can be tough to look at your current home and prep for that sale. Deciding to sell your home is a big deal. You are closing one chapter of your life and literally shutting the door on it—or at least you will after some lucky buyer meets your
I purposely waited to write this article the first day of spring, March 20, 2017, when home seekers and sellers start the intense prospect of finding the right match. As the spring season is typically optimal for home ownership transition, the facts for the following housing details seemed ideal at this point in time.
(StatePoint) The average home has 45 light sockets which means you probably have more light bulbs than just about any home product, and yet the lighting aisle can still be a daunting place. With the right knowledge, you can save money, protect the environment and bring the best features of your home to life.
I recently closed a new home purchase loan for a first time home buyer that made me very proud. He wasn’t a regular first time home buyer, and he wasn’t a regular client. This applicant was actually a senior lending officer at a small regional bank (to be left unnamed). He was referred to me by a friend as he was trying to
Do you want the best rate? Of course you do, but it would help you to know that the “best rate” is relative to your unique financial situation, and that there are many variables that go into each and every mortgage deal. The helpful guidelines below will help you better understand the components of a rate quote and the
The Hudson County Jewish Business Alliance will be presenting the Gold Coast Real Estate Conference on Tuesday, March 21, in Jersey City. The conference will start with a networking session at noon and continue with a program that will include two informative panel discussions. One panel will be with government officials discussing