THE SCENARIOA self employed borrower owned a successful wholesale food distribution business. He earned strong income, maintained solid credit, and had a sizable down payment. His plan was simple: …
When The Wrong Mortgage Decision Creates Permanent Tax Consequences
Scenario:A buyer was purchasing a $1.9 million condominium in New York City and applying for a $750,000 mortgage. His income and credit were excellent, and he held substantial assets at ‘his bank.’ On …
Continue Reading about When The Wrong Mortgage Decision Creates Permanent Tax Consequences →
A Perfect House, an Accepted Offer… and One Huge Problem.
THE SCENARIOA new home hit the market — and it was perfect.It checked every box, was priced correctly, and the buyers moved quickly. Their offer was accepted, and they hired an attorney to negotiate …
Continue Reading about A Perfect House, an Accepted Offer… and One Huge Problem. →
From Renter to Homeowner: How Expert Strategy Made It Possible
THE SCENARIO:This client had been renting for many years and loved the home she lived in. When her landlord finally offered her the chance to buy the property, she jumped at the opportunity. …
Continue Reading about From Renter to Homeowner: How Expert Strategy Made It Possible →
Big Banks Said It Couldn’t Be Done. We Proved Them Wrong.
THE SCENARIOAn unmarried gentleman had been investing in real estate for years. Every year or two, he purchased a single family home in his neighborhood and rented it out. Even though he owned several …
Continue Reading about Big Banks Said It Couldn’t Be Done. We Proved Them Wrong. →
Your Agent Told You To Get Pre-Approved. Yet Most Buyers Do It Wrong! Here’s What Nobody Explains…
Your Agent Told You to Get Pre Approved… But Didn’t Tell You This! If you’re thinking about buying a home this year, the first step your real estate agent will tell you is: “Get …
