Short sales saved from fiscal cliff

Many would call 2012 a turnaround year for housing. Even moreso, 2012 also appeared to be the year of the short sale. In fact, short sales rose 22% in 2012, according to a report released by RealtyTrac. One of the largest appeals behind the short sale is the Mortgage Debt Forgiveness Act, signed by President Bush, protects [...]

A post-holiday guide to bank losses

January 7, 2013 | 11:51 am by Aaron Elstein It’s the first day back to work for lots of folks today, not to mention the first day after the 12th day of Christmas. Big banks are getting into the spirit of things, forking over billions in settlements to atone for sins past. Yet the sins were many [...]

Agents of Change

All kinds of New Yorkers — from nonprofit workers to corporate lawyers — are looking to real estate as a second career On a Monday afternoon in the late fall, students frantically file into a Midtown classroom to take the final exam that will launch them on a new career track. They’re an eclectic, multinational [...]

Student Housing

Wow! Can you imagine? We talk about investing in student housing for new investors.  Start competing in this rental market. It’s a very affordable way to become an investor. Not many schools will supply students with this type of luxury but everything we have been talking about on our bus tours is right here. Architect [...]

REO BUS TOUR • QUEENS • December 1st

Join us for the last tour of the season. Queens, REO bus Tour, with Stephen Gilpin, John Peitler, Nancy Mosca, Eric Blaha, Steve Goldenberg and Tom Hordan. Spend the day with this illustrious Power Team of real estate professionals. Depart from the New York Real Estate Institute at 9am sharp. Call 718.878.6843 to reserve your seat! [...]

REO Bus Tour, Westchester, June 16

Saturday, June 16, 8am-6:30pm NYREI Hosts the REO Bus Tour with Stephen Gilpin and the NYREI Power Team. This will be the last tour of the season. We’ve picked some home run properties for the Investment Forum to review and anyone else who wants to learn about investing in Real Estate is invited to join [...]

NYREI Investor Forum

Learn all you can about investing in real estate by joining The monthly NYREI INVESTOR FORUM. Network with other investors and actually form corporations. Pick investment properties Make decisions on what exit strategies will make your group investment profit the most. All of this happening with guidance from advisors you trust. Start building your legacy [...]

Housing Agency to Sell More Troubled Loans

The Federal Housing Administration, struggling to manage a growing glut of delinquent home mortgages, plans to ramp up sales of the loans to investors, a move that could stave off foreclosure for thousands of homeowners. The government agency, which is expected to announce the bulk sale program Friday, has more than 700,000 loans in default, [...]

MERS’s Business Model Is Illegal

New York’s U.S. Bankruptcy Court Rules MERS’s Business Model Is Illegal United States Bankruptcy Judge Robert Grossman has ruled that MERS’s business practices are unlawful. He explicitly acknowledged that this ruling sets a precedent that has far-reaching implications for half of the mortgages in this country. MERS is dead. The banks are in big trouble. [...]

Stephen J. Gilpin joins NYREI

Stephen Gilpin has moved his popular Real Estate Coaching and Mentoring Service to New York Real Estate Institute (NYREI). The move promises to reach the greatest number of students in the metropolitan area. “This is the largest school in the tri-state area, it’s a natural fit for us. We will be launching new products to [...]

Next Page »