Love It and Lease It: Rent-to-Own Luxury Homes

By: Anya Martin September 9, 2015 Signing a lease option helps jumbo-mortgage borrowers save for a higher down payment, get their credit history in order and lock in on their dream-home purchase Illustration: Chris Gash A rent-to-own luxury home may help potential homeowners buy some time before it’s buying time. For potential jumbo-mortgage borrowers, a

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Ask these 3 questions to score a discount at the checkout

By Dana Dratch Think that sticker price is a fixed number? Not necessarily. Bargaining isn’t just for flea markets, garage sales and car lots anymore. Even in your favorite retail store, knowing how to ask can sometimes score you an extra discount.                          

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Real-Estate Matters: Seller should have disclosed failing septic system

Q: Would the title company find out if a septic system was put into my home illegally before closing? The owner lied at closing about the original system. He never got a permit or engineering done for it. Neither the real-estate agent nor my attorney told me the house failed the water inspection, and during

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How Much Home Can You Buy With Your Income?

Miller Samuel President and CEO Jonathan Miller discusses the U.S. housing market. Bloomberg Intelligence’s Carl Riccadonna also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)    

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Board Talk

BOARD TALK Frederick Peters  |  President, Warburg Realty There is a widening gap between the price of co-ops and the price of new condominiums. While much of this has to do with the ease involved in purchasing something utterly new, there is also a considerable benefit in the eyes of many buyers to the fact

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Solid gains in home values mean more homeowners could face a hefty tax when they sell. Keeping track of home improvement costs could help defray that tax.

By:  Robert Neubecker June 5th, 2015 The New York Times A tax time bomb is ticking for an increasing number of people who have been lucky enough to see big gains in the values of their homes.  This is especially true in and around cities like New York, Los Angeles, San Francisco, Boston and San

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Love at First Sight

Love at First Sight Frederick Peters  |  President, Warburg Realty Real estate is a love-at-first-sight business. More often than not buyers respond viscerally one way or another within 30 to 60 seconds after they walk into a property. The subsequent 20 to 30 minutes of the showing either bolster or contradict that initial impression, but it lingers. So the

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Consider Cash When Buying a Vacation Home Overseas

Consider Cash When Buying a Vacation Home Overseas U.S. residents buying vacation homes overseas may find that financing their slice of paradise isn’t so dreamy. By: Anya Martin April 1st, 2015 The Wall Street Journal Breathtaking ocean views, a five-minute walk to the beach, and regular sightings of toucans, iguanas and sloths— Todd Harris and

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When Big Loans Come to Town

Big loans aren’t just for big cities. Affluent borrowers in dozens of metro areas sign up for the large mortgages associated with million-dollar listings. Their popularity comes as no surprise in areas such as New York and San Francisco, known for their pricey real estate. But new data show these loans also account for a

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