Post-Sandy Legal Advice on Real Estate, Insurance and Property Issues

Because lenders mandate that homeowners in flood zones obtain flood insurance as a prerequisite to lending, most homeowners in flood zones will have flood insurance protection. There are three general types of flood insurance policies: the Dwelling Policy (includes condo unit owners), the General Property Policy and the Residential Condominium Building Association Policy.

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Lenders Loosen Up…With Luxury Buyers

By MATTHEW STROZIER Demand for new mortgages is finally revving up—among big spenders, anyway. Home sales using a jumbo mortgage had year-over-year growth of 7.9% through September, compared with 2.7% for nonjumbo sales, according to an analysis for The Wall Street Journal by mortgage-technology company FNC. It’s the latest sign that jumbo loans, defined as

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For a Lower Rate, Let Cash Do the Talking

By ANNAMARIA ANDRIOTIS When Aaron Schindler’s offer was accepted on a two-bedroom, two-bathroom co-op in New York’s Upper West Side, he figured he’d make a 30% down payment and borrow the rest. But his mortgage broker said a jumbo loan would come with a 4.65% fixed rate, costing thousands of dollars in extra interest payments.

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Real Estate Q&A with Dave Kimbrough

By Special to the Sentinel Dear Dave I have about 150K that I am wanting to invest in a rental property while the market is still considered a “buyers’ market”. I was all set to find my property and my Realtor suggested that instead of buying the property with cash, that I use that money

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What’s The Best Way To Invest In Real Estate?

By NuWire Investor Investors have been debating this question for years. Purely in terms of investment, is it better to invest in the real estate market through the purchase of real estate stocks or real property? If you were hoping for a straight answer to this question, unfortunately there isn’t one. There are so many

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How To Get Started With Real Estate Investments?

  Idaho property and investment How To Get Started With Real Estate Investments? Article http://www.idahocapitolcommission.org/ Real estate investments could make you a tiny fortune, if you do it the appropriate way. On the other hand, investing in genuine estate just isn’t that easy. Genuine estate would not come for cheap. Therefore, it assists to do

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To Buy or Not to Buy, That is the Question…

James Sarles To Buy or Not to Buy, That is the Question… Article [email protected] TO BUY OR NOT TO BUY  that is the question. Many people have asked themselves this question especially in these uncertain economic times. While each option of renting or owning has its benefits, the decision to purchase a duplex, condominium or

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U.S. Seeks Ideas on Renting Out Foreclosed Property

Edward Wyatt U.S. Seeks Ideas on Renting Out Foreclosed Property Article http://www.nytimes.com The Obama administration said on Wednesday that it was soliciting ideas on how to turn the federal government’s inventory of foreclosed houses into rental properties that could be managed by private enterprises or sold in bulk. Read Article | Comment it

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