Predatory lending is an insidious practice. Those that make a short term profit at the expense of another person’s financial health are criminals. Of course, they know little of the damage they cause, but those of us who try and pick up the pieces know that harm all too well. I was called to meet with … Read More…
Author: J. Philip Faranda
The Widower -Westchester Short Sale
Categories: Short sales, Success StoriesTags: avoiding foreclosure, death of a loved one, environmental problems, estate sale, pre foreclosure, short sale realtor, short sale specialist, westchester short sale real estate agent, Westchester short sale Realtor, Westchester short salesThe stereotypical view of people who face foreclosure is that they are irresponsible or unintelligent. But sometimes, they are good, intelligent professionals who have had bad things happen. My own older brother, a Cornell alum, lost his house in the early 90’s due to illness. One couple I listed was in similarly bad circumstances. She … Read More…
We Want a Baby -Orange County, NY Short Sale
Categories: Short sales, Success StoriesTags: adoption, avoiding foreclosure, hudson valley short sale Realtor, orange county short sale, Orange County short sale Realtor, pre foreclosure, short sale realtor, short sale specialist, Westchester short sale RealtorSome transactions stay with you your whole life. This occurred almost 2 years ago and seems like it was last week. The clients lived in Orange County, an exurb of NYC about 40 minutes north of White Plains. They were desperate, and their situation was compelling. First, they were restoring an older Georgian. Even in … Read More…
Short Sales
Categories: Short sales, UncategorizedTags: avoiding foreclosure, Dutchess short sale Realtor, Putnam short sale Realtor, Rockland short sale Realtor, Westchester short sale RealtorA Short sale occurs when a bank accepts a lower price than the mortgage balance, allowing distressed homeowners to sell their home and satisfy the debt with no future obligation or deficiency judgment. J. Philip Real Estate specializes in these transactions, and I personally broker several per month. My first short sale was in the … Read More…