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Property Prognosis UNABRIDGED

Magazine Article on May 01, 2012

, thereby keeping water bills to a minimum.     Finance     Wells Fargo Home Mortgage 160 years
Kory, a broker with Corcoran, tells Brick Underground. “If you are not comfortable with that
was a little steep, which prompted Egatz to inquire about the terms of the co-op’s $2 million mortgage soon
of money in savings to cover maintenance and mortgage. Once approved by the board, the newly minted
the mortgage. After three months of delinquency, they go into default, and the bank sues them. In New York
prewar building decided to refinance its 20-year self-liquidating mortgage with a new 10-year loan
the mortgages. So, if you're an underwriter, if you're a broker or a bank, depending on which entity you
the building was ready for occupancy. To the relief of those buyers, the building's mortgage lender, CBRE
that three mortgage brokers are currently shopping with lenders. “We’ll get enough to pay off the current
., and attorney attorney Dominick J. Tammaro, a partner at Spolzino, Smith, Buss & Jacobs, turned to mortgage

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