Tag Archive: Condo

Buying a Foreclosed Condo? You May Be Responsible for Overdue Assessments

July 2, 2014 by Leave a comment

As the real estate market recovers, the market still finds itself plagued by a large number of foreclosed homes. This surplus can be seen as a win for buyers and investors, who find they can enjoy unprecedented deals on great properties. However, purchasing a foreclosure has always had its share of complications and the current real estate market... View Article

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High Living Brings Flood of Problems

February 20, 2013 by Leave a comment

Redrawn New York Flood Maps Prompt Many to Purchase Flood Insurance In 2007, FEMA began redrawing the flood-zone maps in the greater New York region; perhaps spurred on by hurricane Katrina in 2005.  The result is that some areas that were once considered low-risk have become high-risk. That means borrowers in the high-risk zones must... View Article

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