Q: My co-op in Westchester County is raising again the monthly maintenance fee. As a holder of one of the biggest apartments in the co-op, my quota is going very soon to be equal to my monthly mortgage. What are the consequences of this? Read More.
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Q: I am thinking of purchasing a property within the next year and I need to fix my credit. How can I tell if a credit repair company is legitimate? Read More.
Most real estate professionals would agree that credit scores are often a point of confusion for their clients—buyers and sellers, alike. With so many variations of credit scores available online, it can be unclear which one to pull, or which one bankers will look at when assessing whether a client qualifies for a mortgage. Clients who order the wrong scores are often angry and frustrated that their information does not match what the bank presents, and they can end up losing out on a property as a result. To help our clients and agents avoid this type of situation, below you will see information that breaks down the various types of credit scores and their typical ranges, and gives an overview of which scores are available for purchase, and which scores bankers will use. Managing expectations is key to a … Read More.
Our hearts and prayers are with everyone who has been affected by Hurricane Sandy. We want you to know that Douglas Elliman Real Estate is standing with you, and is here to help throughout the tough recovery ahead. If you need any assistance during these difficult times or have concerns about how the storm may affect buying or selling your home, we are here for you. Email us at firstname.lastname@example.org or call us at 1-800-ELLIMAN. Our spirit is strong and we know that it is times like these that bring us all together. Below is a list of resources for those in need, or those looking to get involved with relief efforts. Be safe and be strong. Emergency Contact Information: FEMA (Federal Emergency Management Agency): 800.621.3362 FEMA Connecticut: 860.256.0800 FEMA New Jersey: 609.963.6900 NYS Office of Emergency Management: 518.292.2200 Nassau … Read More.
Q: How does owing money on a credit card affect credit scores and how long does it take for the bad credit to clear from your history? Read More.