Peter Spino

Mortgage closing costs

How to Negotiate Your Mortgage Closing Costs

It doesn’t matter if you are purchasing a home or refinancing your existing mortgage; closing costs are a part of the process. While this is true, almost everything is negotiable (which is something you should keep in mind). Even though there may be some limitations, it is possible to negotiate your mortgage closing costs. Keep …

How to Negotiate Your Mortgage Closing Costs Read More »

Foreclosure Tsunami

Foreclosure Tsunami: Fact and Fear

Last year, foreclosures weren’t a worry primarily due to the moratoriums in effect. Despite the removal of the COVID-19 pandemic provisions, the market has yet to see a foreclosure tsunami.  However, as unlikely as it may be, a foreclosure tsunami remains a viable threat for many Americans.  It may not seem imminent in this current economy, but that …

Foreclosure Tsunami: Fact and Fear Read More »

TOEPP

TOEPP: What New York Property Owners and Real Estate Investors Should Know

Brief Overview of TIRSA Homeowners and real estate investors should be familiar with the Title Insurance Rate Service Association, or TIRSA.  TIRSA is the organization that regulates title insurance rates in the state of New York. In 1993, under Article 23 of the New York Insurance Law, the Superintendent of the Department of Financial Services …

TOEPP: What New York Property Owners and Real Estate Investors Should Know Read More »

Foreclosure

New York Extends Eviction and Foreclosure Moratorium

Governor Kathy Hochul of New York extended the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 (CEEFPA) in September 2021. CEEFPA, which became effective in December 2020, allows tenants facing eviction or mortgage foreclosure to halt those proceedings by claiming a hardship related to the COVID-19 pandemic. New York passed the law to tenants …

New York Extends Eviction and Foreclosure Moratorium Read More »