Frank DiLauro's (dilauro) Blog

Those of you who know me well have probably heard me quote Bernard Baruch, at one time one of the wealthiest men in the world.  When asked how he made so much money in real estate, his answer was, “It was easy.  I just bought when people needed to sell, and sold when they wanted to buy.”         ...

Loan modifications are changing, and lenders are more and more making that option available. In many cases, homeowners are changing their minds about doing a short sale and deciding instead to attempt a loan modification. That brings up a question “should a homeowner choose a loan modification ov...

                We’re often asked, “What is the effect on my credit rating if my home is a short sale?”  The answer:  “It depends.”                When a seller sells his home in a short sale, the only credit note regarding the loans would be something like:  “Paid in full, settled for less than ...