Posted by Leonard Steinberg on July 4th, 2011 Bank of America Corp and JPMorgan Chase & Co have started modifying tens of thousands of mortgages where the banks deem the loans especially risky, even if the borrowers have not asked, the New York Times reported yesterday. In some cases, the banks are slashing the amount… [Read More]
BONUSES WILL BE STRONG THIS YEAR…..
It is very early in the year to be talking about bonuses…..but because bonus season fuels Manhattan luxury real estate so much, we thought now would be a good time to remind buyers that buying before those bonuses are paid out is ALWAYS smart. We know some will disagree with this philosophy, so we will… [Read More]