E Jeffrey's Blog

Once in a blue moon while on Active Rain, my computer will lock or freeze up.  My computer is new with plenty of storage left and has the new AMD Turion 64 Chip so I do not think it is on my end.  Plus it has never locked up at any other time.  Seems to happen when Blogging or commenting.  Has an...

Liens have positions on the title to property, 1st, 2nd, 3rd etc.  A 2nd mortgage lien holder can foreclose on a property but their foreclosure action is subject to the lien of the 1st lienholder.  So if someone where to buy the home at the auction or from the lender as an REO they would still ha...

This was the question that was in front of me today from a prospective seller, a lawyer.  The client wanted to sell her investment property that she had purchased just a few years ago. This was my response.1) I described my resume which included, REO, Shorts, new construction building and sales, ...

All I hear from other Realtors is them telling their clients facing foreclosure not to file bankruptcy.  Usually they use future credit as the reason.  That's hogwash a foreclosure causes almost as much damage to a credit score.  Then after the short fails the agents pulls the listing and the sel...

It has been quite cold in the northeast for a week or so now.  If you are the owner of a vacant home and are sick and tired of paying to heat it here are some simple techniques used to winterize your home.  This is given as advice and I will not accept any responsibilty for a frozen pipe.Tools-  ...

You saw the worst in my other blog, here is the best!4 Bedrooms, 2 baths, 3800 square feet, owned by a world renowed painter.  No I won't mention the name.  Its on 2.5 acres 15 minutes from downtown Woodstock NY.  Very close to Hunter and Windham ski resorts! Originally listed at 1 million, reduc...

REO- Real estate owned.  This is the street term, inside of a bank it is called OREO, Other Real Estate Owned, because on a banks balance sheet they do own property that they want to own such as the office buildings or land for potential office or branch sites.  REO's are properties that are boug...

The past few nights the moon has been real bright and the coyotes are howling like crazy.  I grew up in the town where I now reside and do not remember hearing or even seeing coyotes very often as a young child or young adult.  Last night I was awaken to the howls of at least 5 or 6.This year whi...

Announced just today NY has about 80 million dollars of NEW federal money to assist homeowners with their heating bills for the balance of the season.  The program is called HEAP and is administered through New Yorks Social Services Departments.  Call your local county office to see if you quailf...

So many brokers including myself have gotten away from taking earnest money deposits from buyers.  At least where I reside brokers do not prepare contracts and every binder stated that the binder was only in place until the contract was superceded by a formaly lawyers contract.  I know this is no...