

Why co-op foreclosure is so dangerous
I previously wrote about the timeline for homeowners who have fallen behind on their mortgage. If you’d like to take a look at that, click here. This post is about people who own co-ops. If you’ve fallen behind on your co-op loan, that earlier post is irrelevant to you. You have a far different timeline, and it’s way more serious for you. Here are two recent co-op stories that are totally true. The first involves a man who owns a relatively modest co-op apartment in a mod
Choose wisely
Have you ever thought about the theory that goes something like this: that where you are, right here, right now, is a product of all of the decisions you’ve made in your life? That your particular position in life is the consequence, good or bad, of the choices you’ve made? For example, if I told you that you would marry someone based on where you decided to go to college, would that make sense? For me, it does. I was down to two schools, and I had a choice to make. I mad


You sure you want to co-sign?
Your son and his wife are first time home buyers. They have pretty good jobs and decent credit. He and his wife have their eyes on a home in the same neighborhood as you, but it’s at the absolute top end of their budget. You have dreams of walking to see your future grandchildren, taking them to the same parks as you took your son when he was a little boy, and knowing that they’re in a great place. They see the free unlimited babysitting and being able to raid your pantry