George Sinacori's (georgesinacori) Blog

Is your property worth less than your mortgage? Are you having difficulties keeping up with your mortgage payments? Are you carrying high credit card and other unsecured debt? Has your credit score been hurt as a result? Many of us today can answer yes to at least one of these questions and some...

Selling a home today is difficult. It can become costly and time consuming. The way home values have fallen many sellers find it difficult spending any money on getting the property ready for the market. Sellers today are competing with foreclosures, short sales and homes that may be in top cond...

Enough about the economy and the election and such. This post is going to help in a very different way. Carving a fantastic Jack 'O lantern for Halloween can be easy, fun and even self fulfilling. Important stuff when we are all feeling the economic squeeze and very vulnerable. So without furthe...

It may seem like an odd topic for discussion or consideration at a time in our economy when overextended credit has gotten us into such a mess. If you've had a difficult time getting a loan lately it can be unsettling although there may be some comfort in knowing that your not alone. Because of ...

"Wall Street"  has never translated to "housing". Try as they may to make them synonymous it isn't so just because someone says it is or want us to believe it. Looking at the players in the current economic debacle, this madcap comedy of errors, I'm reminded how much the Secretary of the Treasury...

For any of us with any type investments, current developments in the financial markets have to be scary. Over the past few weeks we've seen government takeovers of Fannie Mae and Freddie Mac, we've watched both Lehman Brothers slipping into bankruptcy, Merrill Lynch on the brink of collapse and ...

Numerous consumer complaints regarding freezing or reducing the available credit on HELOC's or home equity lines of credit have gotten the attention of the Treasury Department, the FDIC and the OTS or Office of Thrift Supervision, a branch of the Treasury Department. As home values in many areas...

Homebuyers are taking advantage of  depressed prices of existing homes. Home sales in July rose by 3.1% with many of the reported sales being foreclosed properties and private owners pressed to sell for less than they had originally paid for a home. The increase in sales is reported to be the lar...

Are we beginning to see some light at the end of the Florida Housing Tunnel? According to the Florida Association of Realtors recent MSA (Metropolitan Statistical Areas) reports some areas although still showing declining values are reporting increases in sales. Most notably in South Florida the...

With prices in Southeast Florida at a low, Baby Boomers should consider buying a retirement home now, even if they're still years away from actually moving. Allowing renters to pay the bills for now can assure a great buy and a stable position without incurring any unwanted expense until retirem...