Real Estate

Keys with house for affordable homebuying secrets

Secrets to Buying an Affordable Home that Nobody Ever Tells You

By Mike Capuzzo | May 17, 2021

Mom or Dad were good at saying vague things like “Don’t bite off more than you can chew,” or “Your eyes are bigger than your stomach.” Or specific things like,…

Ripping up a timeshare contract

How to Get Out of a Timeshare

By Max Fay | January 7, 2020

Congratulations, you’ve bought a timeshare! If you are like a lot of people, your next move will be trying to get rid of it. Buyer’s remorse grips a lot of…

Timeshares are a dicey option, but are they a good investment?

Timeshares: Are They a Good Investment?

By Bill Fay | February 12, 2019

  Be wary the next time you check into a resort and are offered a free gourmet dinner or a massage or Disney World tickets if you’ll just attend a…

Buying & Owning A Home Like A Pro

Buying and Owning a House

By Bill Fay | February 11, 2019

  Buying a house is usually the largest purchase any of us will make. It rarely can be accomplished quickly and easily. And yet, as a country, we are always…

Mortgage Loan on a computer keyboard

Mortgage Loan Modification

By Bill Fay | February 5, 2019

Even in the best of times, making monthly mortgage payments is rarely as comfortable as a pair of old slippers. The real estate “boom” is misleading. Houses might be selling…

Millennial Home Buyer Wanted

Why Millennials Aren’t Buying Homes

By Max Fay | December 14, 2016

Data shows that homeownership among millennials is down, but that doesn’t mean they aren’t interested in buying a home. In the last two decades, homeownership in the U.S. has declined…

JPMorgan Fined for Illegal Lending Practices

JPMorgan Accepts $13 Billion Fine For Lending Practices

By Bill Fay | November 20, 2013

JPMorgan Chase Bank agreed to pay a $13 billion fine to the U.S. government for its role in the disastrous mortgage lending practices that landed more than 15 million American…

FDA finances nursing home mortgages

FHA Steps in to Help Nursing Homes by Backing Mortgages

By Bill Fay | February 1, 2013

Attempts by nursing home operators to stay relevant and profitable in the constantly changing world of health care, received a boost from the Federal Housing Administration (FHA) last year. The…

New mortgage rules

New Lending Rules Protect Consumers from Predatory Lenders and from Themselves

By Bill Fay | January 14, 2013

It may be too late for a pound of cure, but half a dozen years after the bursting of the housing bubble helped precipitate the Great Recession, the U.S. Consumer…

New mortgage rules protect consumers

New Rules Protect Consumers from Overzealous Mortgage Lenders

By Bill Fay | January 11, 2013

A new federal regulation puts the onus on lenders to take meaningful steps to ensure a person can afford a home loan, before they actually give them one. The “ability-to-repay”…