Due to sub-prime crisis and the wall-street meltdown, banks are tighten their lending requirements. All mortgages has to be applied with stated income, which means those no-income/no-assets loans are history. I have seen 2 deals fell thru recently since...

The top 3 Real Estate companies in south brooklyn, RE/MAX 1ST CHOICE, RE/MAX PROFESSIONAL and C21 CALABRASE are merged to RE/MAX METRO. According to MLS, they had total 48% market share as of Sep. 2008, which means 1 of every 2 houses is sold by RE/MAX...

A friend of mine try to purchase a property all cash, 50% of the fund is coming from a home equity line who he opened 2 years ago. 2 weeks before the closing found out the line is freezed by the bank?%#% If you have a equity line, check before you use...