Posts by admin

Tips for Tax-Savvy Homeowners

By Anya Martin October 7th, 2015 With nearly three months left in 2015, jumbo-mortgage borrowers can make tweaks to cut their tax bill in April Illustration: Chris Gash Autumn chores: raking leaves, weatherproofing, storing the patio furniture and preparing for next year’s tax returns. With nearly three months left in the year, jumbo-mortgage ...

What to Know About the New Mortgage Forms

New rules help borrowers compare home loans and see the total cost before closing Illustration: Chris Gash By: Anya Martin September 30th, 2015 Mortgage borrowers should find it easier to compare different loan products and understand the total cost of their loan under new rules that take effect Saturday. The changes are part of the Consumer Financial ...

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, ...

Opting against title insurance to save money can be financially risky

By Ilyce Glink and Samuel J. Tamkin My mom lives in New York and is selling her North Carolina property to her sister who has been living in the home for the last 30 years rent free. Will a quitclaim deed work in this situation or do they need a real estate agent or a real estate lawyer? Both of them are on a fixed income and want to do this the least ...

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.                                   Here ...

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 the final walk-through I didn’t know to ...

Ask a Real Estate Pro: Owner can’t remove squatter without court order

By Gary Singer June 5th, 2015 Board-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/business/realestate each Friday. Q: We rent out a house. After a prior tenant moved out, we spent a few weeks cleaning up and repainting. Over the weekend, someone just moved into the house without permission. I threw him ...

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)    

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 that they do not need to contemplate ...

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 Diego, where home prices have increased smartly over ...