Can I transfer my Co-op to a Family Trust?


Many clients consider setting up a Revocable Family Trust and complete a deed transfer of their home to the Trust for estate planning purposes. When your home is a Co-op, their are some additional considerations since the Board must approve any transfer of ownership. This recent article from The Cooperator suggests why many Boards should … More Can I transfer my Co-op to a Family Trust?

Coming Soon to a lender near you….The FHA “HAWK” Program.


It is about time that the FHA took steps to lower their premiums for buyers who seek their low down payment loans. This Bankrate.com article explains what is in store for borrowers in the near future. Fees for the first 5 years on $200,000 FHA loan Without HAWK counseling With HAWK counseling Upfront premium $3,500 … More Coming Soon to a lender near you….The FHA “HAWK” Program.