The Pick of the Week
Price: $1,899,999
421 Hudson Street New York, NY 10014
2 bedroom
1,290 sq. ft.
MLS# 566879
CENTURY 21 NY Metro - Fern Hamberger
Cell: (646) 660-0060
Email: fernhamberger@yahoo.com
Link to listing: www.century21.com/agent/listings.jsp?id=10877914
The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans
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Manhattan: The New Brooklyn?
(Hi - this is from New York Magazine’s website - pretty interesting take on the market - enjoy! Daniel)
As the market hints at a downturn, Brooklyn brownstones sit unsold. By S.Jhoanna Robledo
Published Aug 10, 2008
(Photo: Gabriele Stabile/The New York Times/Redux)
Conventional wisdom holds that outlying neighborhoods’ prices are last to rise and the first to suffer [...]
What Is The Temporary Lending Limit?
The Temporary Lending Limit represents a key component in the Stimulus Package signed earlier this year. Here’s the basics: the Temp Lending Limit is $729,750 for single family residences, condos and co-ops (check with your loan officer to confirm if their particular mortgage firm adheres to this). One of the major caveats to the Temp Lending Limit, [...]
Jim Cramer on Wells Fargo
Wells Fargo CEO: We Thrive in Hard Times
Posted By:Tom Brennan
Topics:Credit | Mortgages | CEOs and CFOs | Stock Picks | Stock Market
Sectors:Financial Services
Companies:Wells Fargo and Co
Despite the hard times this market – and the banks in particular – have been seeing, Wells Fargo seems to be doing better than most.
CEO and President John Stumpf told [...]
I’m back!
Sorry for not staying in touch more often the last few weeks…funny thing, took a long weekend in Boston last week. While driving my wife asked me about one of (at the time) my best friends in college - specifically, why I hadn’t sought him out again.
We kind of drifted apart but she was right [...]
Wells Fargo Fares Well
Wells Fargo lifted market spirits today with milder-than-expected losses in its recent quarter. Positive sentiments helped push the Dow Jones Industrial up 2.5%, and the bank saw its shares rise in the strong double-digits while many bad-news banks were being tracked by the Federal Deposit Insurance Corp. for problems surrounding the credit crisis.
Early Wednesday, Wells [...]
Co-op of the week - Week of July 7th
Co-op of the week:
Location: Chelsea
Type: Co-op
Price: $1,595,000
Description: This lovely, spacious home in the heart of Chelsea is currently configured with two bedrooms, plus a windowed library, and two full baths. Close to Whole Foods, Madison Square Park, and many subway stops. Priced to sell.
Contact: Jackie Thurik
Phone: 917-573-0105
Click Here To View This Apartment
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Last week’s pick:
Location: 211 East [...]
Did You Know?
If you are buying a co-op and have applied with different lenders, there is a possibility that one of the lenders has filed a UCC-1. Here’s why this may cause a problem: the lender you have not chosen may have filed a UCC-1, which will appear as an open lien and may impact your purchase or [...]
Word of day: “PITI”
“PITI”, stands for “Principal, Interest, Taxes & Insurance”. These are the four elements of a monthly mortgage payment. Payments of principal and interest go directly towards repaying the loan, while the portion that covers taxes and insurance (homeowner’s and mortgage insurance, if applicable), goes into an escrow account to cover the fees when they are [...]
15 Great Decluttering Tips For The Home
This is a great article from Zen Habits: http://zenhabits.net/2007/10/15-great-decluttering-tips/:
“As with anything, getting rid of clutter can be made incredibly simple: just go through your stuff, one section, closet, drawer, or shelf at a time, and get rid of everything that isn’t absolutely essential, that you don’t love and use often.
Of course, simplifying a process like [...]




