Bridge Loans: Everything You Wanted To Know
As the name implies, bridge loans fulfill a vital need for active developers by giving life to a new project in the months before lenders feel confident enough to make available a construction loan, or a repositioning loan in the case of an existing project. But real estate bridge loans have other ... more...

Is the Real Estate Bubble About to Burst?
How long can prices rise before no one can afford to buy? In a nutshell, that is the basic question that is niggling at the back of our collective subconscious when we talk about the real estate bubble.Real estate is appreciating at staggering rates - as much as 19% in some counties in Florida ... more...

The Financial Lessons of Hurricane Katrina
Sitting on my couch with my family praying for those hit by the category 4 hurricane named Katrina, I could not help but wonder what the economic impact on the people would be within the next 3 to 6 months. While the death toll rises, looters take to the street, and President Bush abruptly ends ... more...

Spend More Time Selling
On average a sales person spends less than two hours per day selling their products. This statistic never seized to amaze me, even though I had often found myself being an active participant of its findings.Lets face it, if we spend so little time in our day selling, why are we in sales to begin ... more...

New York Refinance - Refinancing in New York
If you are looking to refinance in New York, it helps to get the facts before you begin the refinancing process. If you have an existing high interest mortgage, refinancing now could be the best choice for you. You can choose to refinance with cash out to make home improvements or to consolidate ... more...

Home Loans and Mortgages One Third of Homes in U.S. Overvalued
A new study by National City Corp. looked at home values for 299 American cities and compared them to where they should be based on a number of economic factors that determine home prices. The results were not encouraging; homes in nearly one third of America were judged to be extremely overvalued ... more...

Following Conventional Wisdom Could Cause This Fatal Million Dollar Mistake
Conventional Wisdom States Buy a House Get a Fixed Rate Mortgage and Make Extra Payments to Pay Your Mortgage off as Fast as Possible. If you follow Conventional Wisdom you will be making a Million Dollar Mistake. Keep Reading to find out why.(This Example is Similar to one Used By Ric Edelman in ... more...

What I Know About Trump, Koch and Anyone Who Owns Property
Did you know that Donald Trump and his companies have approximately 300 hundred files in New York public records. A lot of them were UCC initial, assignment, continuation or termination.Other files include mortgages, assignments, declarations, certificates and deeds. Some are condominium sales. One ... more...

What a Commercial Mortgage Broker Must Do at Closing
Your role in this process is that of a bridegroom at a wedding: stay out of the way, be on time, and keep your mouth shut. Tom C. Korologos, U.S. Ambassador to Belgium, describing the advice he gives to presidential nominees. Quoted in the New York Times, September 4, 2005.A commercial mortgage ... more...

Tips On New York Mortgage Refinance Loan
Many homeowners want to know if it worth taking a New York mortgage refinance. How do you know if New York mortgage refinancing makes sense in your case? Read on to understand when you should refinance and how to go about doing it.When you take up a New York mortgage refinance loan, you pay off the ... more...