The rate of missed mortgage payments rose to a high during the coronavirus pandemic that has not been seen since the 2008 housing crisis. With so many people struggling to stay ahead on their mortgages, many mortgage lenders are afraid of what the future may hold. But why are so many mortgagees falling behind on their mortgages, and what can people do about it? Continue reading “Why Are So Many People Falling Behind On Their Mortgages?”
Tag: residential real estate
Landlord & Investor Q&A Presented by Attorney Jim Clark for March 2019
In this segment, Jim Clark, Partner with Blodnick, Fazio & Clark, answers the most popular questions that come up through his interactions with landlords and real estate investors through his presentations to local organizations, networking, one on one conversations as well as direct posting through his web site and social media. Continue reading “Landlord & Investor Q&A Presented by Attorney Jim Clark for March 2019”
Landlord & Investor Q&A Presented by Attorney Jim Clark for February 2019
In this segment, Jim Clark, Partner with Blodnick, Fazio, & Clark, answers the most popular questions that come up through his interactions with landlords and real estate investors through his presentations to local organizations, networking, one on one conversations as well as direct posting through his web site and social media. Continue reading “Landlord & Investor Q&A Presented by Attorney Jim Clark for February 2019”
Landlord & Investor Q&A September 2018: Presented by Attorney Jim Clark
In this segment Jim Clark answers the most popular questions that come up through his interactions with landlords and real estate investors through his presentations to local organizations, networking, one on one conversations as well as direct posting through his website and social media. Continue reading “Landlord & Investor Q&A September 2018: Presented by Attorney Jim Clark”
Buying A Foreclosed Property May Lead To Eviction
In New York State a foreclosure is a legal action in which the mortgage holder obtains title to a property due to a borrower defaulting on a loan. Once a judgment is obtained, the foreclosed property is auctioned off. A deed, known as a “Referee Deed,” is then created, which transfers title of the real property to the highest bidder. Continue reading “Buying A Foreclosed Property May Lead To Eviction”
