By Javier Baires Home loan modifications have become quite the hot topic on Paterson home owners’ minds as of late.  We all see and feel the state of our economy today and many who purchased their homes a couple of years ago – at the peak of the real estate boom - are descending down to a deep valley.  They’re finding that each month, it’s becoming more and more difficult to make those high monthly mortgage

Don’t pass up a fixer-upper with potential, there is an easy way to make this house new and more importantly there is a way to make it yours. Enter: 203-K and Streamline-K Let’s face it, Paterson’s housing stock is old and much of it is dilapidated, most structures were built in the 20’s 30’s and 40’s.  Combine this factor with a rising number of REO’s and you have what I would describe as fixer-upper heaven.  Now this

By Javier Baires  I was surprised, the first time I heard a mortgage consultant tell a mutual client that that he could use money obtained from a "Sociedad" or "Susu" for a down payment on a home.  I was even more surprised when I read that banks actually encourage this and that in other parts of the world such as Africa, financial institutions exists dedicated solely to collecting Susu. For those who are not familiar with the

 Now this is what i call curb appeal.  That house on Sidekick Chronicles is an amateur job that should have never made it up on a vacant lot in Paterson. Above are some examples on what Paterson builders should be mandated to put up.  If its being done in Newark, Jersey City and Elizabeth, Jersey's  1st , 2nd and 4th largest cities, why not in Paterson?  Just in case you were wondering all these homes are located in