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Basic Credit Considerations From The Lender´s Perspective A Conversation With Victor Andrade From Meadowbrook Financial Mortgage Bankers VAndrade@mfmbankers.com Cell: 347-495-2506 BASICCREDITCONSIDERATIONS PDF FORMAT Victor specializes in residential financing for over 17 years, and he is going to tell us what the credit considerations for home financing should be. Credit is a key part of a transaction, the others being the borrower´s income, the assets or down payment, and the property which serves as collateral for the mortgage. With credit, they make the 4 legs of this hypothetical table that is a real estate financing transaction. With weak credit the table is wobbly and won´t pass the lender´s test. So, Victor will tell us how to set up credit, increase your credit rating and avoid common pitfalls while managing your credit. Read More

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We met with New York and Queens Real Attorney Chris Psomopoulos to learn the basics of Real Estate Contracts from the legal perspective. REAL ESTATE CONTRACTS 101 A Conversation with Real Estate Attorney Chris Psomopoulos Video Available At: https://www.youtube.com/watch?v=7hlX4ygcxCI For further guidance you can contact attorney Chris Psomopoulos at: (718) 433-9069 or Email Chris@Thecplawoffice.com Address: 30-97 Steinway St #301b, Astoria, NY 11103 This was a conversation we had with Chris about the basic legal considerations for Real Estate Contracts. Good information for buyers, real estate investors and real estate agents. It was done on 02/20/21 at his offices in Astoria, Queens, NY. Read More

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REALESTATETAXEXEMPTIONS This article provided courtesy of Real Estate Attorney Juan Trillo www. JTrilloesq.com Juan Trillo, 37-06 82nd Street, Suite 204, Jackson Heights, NY 11372 (718) 478-3200 / JTrilloesq@aol.com Real Estate Tax Exemptions Homeowners in New York State may be entitled to a number of real property tax exemptions, and many of us are not even aware of this information or don’t follow up on claiming these exemptions. The following is information for New York City. It is available to owners who reside in the property as their primary residence. It applies to houses, cooperative and condominium apartments. Read More

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QUEENS REAL ESTATE MARKET UPDATE Q4 2020 AND REAL ESTATE FORECAST FOR 2021 You can see the full video on our YouTube channel at https://www.youtube.com/watch?v=2fTtv8nhaUA&t=2s In the first place I want to wish you a happy new year 2021. I also want to say that in spite of all of last year´s challenges (some of which we are still experiencing) the year 2020 brought us a renewed collective awareness about what is essential, about our quality of life, not just about productivity. Our happiness became central in our considerations, along with efficiency and sustainability. I have a sense of gratitude to 2020 in the sense that this crisis can become a portal, an inflexion point for innovation and renewal so we can come back stronger and better. Before we jump into the real estate analysis for the Fourth Quarter of 2020 I want to present to you the summary for the real estate statistics provide by our Multiple Listing System, the One Key MLS which covers now not only Queens, Long Island, Manhattan, The Bronx, Westchester and parts of the Hudson Valley. Here are the real estate numbers for Queens, all residential property classes taken together and including 1 Families, 2 Families, 3 and 4 Families, Coops and Condos: Read More