and it included partial debt relief gained through mortgage restructuring as well as full foreclosure. Refinancing was also allowed, but only up to the amount of principal balance of the original mortgage.
you would ideally like to invest your down payment so that it grows even bigger. With a bigger down payment, you can lower your monthly payments or buy a nicer house.
1966 July 1 - NY State Legislature and Governor Rockefeller, after much political dispute, approve JVL's proposed city income tax and a historic commuter tax.1966 July 5 - To finance the settlement of a transit strike, subway and bus fares increase from 15 cents to 20 cents....
The tax rate on the exercise of options after the IPO lockup period will be approximately 50% total to account for state and federal taxes. For them to become windfall millionaires, they would have to sell at least $2M in options. Of those with this optionality, I susp...
If so, would the foreclosure on Ukraine’s assets be part of an endeavour that includes the decided outcome of Jewish settlement in Ukraine? This forseen take-over of the country’s assets could then appear to be more legal and politically correct as there would not be a ruthless ridding of...
Great corporate planning is about more than financial forecasts — and the more thorough it is, the less a CEO has to keep him or her awake at night. GLOBAL IMPACT: Between 3.1b–5.4b people in the world are projected to get the coronavirus (between 40%–70% of the population) within...
Once we factor in this additional trillion-dollar income into the real estate returns we get much more attractive returns for real estate. And that will make a very sizable difference, more on that below! How to spot this “lie” in the field: ...
And if some money is going to those with no pressing financial needs, far more has made it to those facing foreclosure or fending off bill collectors. The transformation of the home builders association from check-writers to social workers is hardly unique in the aftermath of Sept. 11. ...
Even if a building will consider the sale of an apartment as a pied-a-terre, the board may reject a part-time tenant who they feel might be spending too little time in the apartment. In such cases, the board may be concerned that the apartment could potentially be used as a hotel for...
you should be able to get a loan without making the repairs before closing. I will assume the total cash needed to close on this hypothetical house is about $5,000. Hopefully, this house was bought below market value because it needed some repairs and was a foreclosure. Once the house is...