Author Archives: Doug Heddings

FHA Loan Guidelines: Clearing Up the Confusion

Posted on June 28, 2012 by Doug Heddings

There’s a great deal of misinformation online today in regards to FHA loan guidelines. You’ll find conflicting information about down payments, credit scores, debt ratios, and every other aspect of the FHA’s lending process. This leaves home buyers wondering what’s … Continue reading →

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History of Battery Park NYC

Posted on June 24, 2012 by Doug Heddings

Battery Park is the perfect respite from the winding, narrow roads of the Financial District, especially during the week when the streets are jam-packed. The park juts out at the southernmost point of Manhattan and has gorgeous flower gardens, lush … Continue reading →

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5 Ways To Get a Great Mortgage Deal

Posted on June 20, 2012 by Doug Heddings

If you’re currently in the process of becoming a homeowner in the United States, locating homes that you have the means to afford may not be the only issue you face. There have been many homeowners that have found the … Continue reading →

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Surprised Home Buyers Find the Bidding Wars Are Back

Posted on June 16, 2012 by Doug Heddings

A new development has been catching home buyers off guard. From Florida to California, many buyers find themselves competing for the same home. Unlike the bidding wars that typified the go-go years and were largely a reflection of surging sales, … Continue reading →

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At Over $90 Million, Sale of Midtown Penthouse Sets a New York Record

Posted on June 12, 2012 by Doug Heddings

Topping the previous record $88 million purchase of the 15 Central Park West penthouse, an unnamed buyer arranged to purchase the duplex penthouse at One57, a Midtown tower. According to developer Gary Barnett, president of Extell Development Company, the 10,923-square-foot … Continue reading →

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Buyers Should Know Limits When Dealing with Multiple Offers

Posted on June 10, 2012 by Doug Heddings

US real estate markets are strengthening Real estate experts are saying that homeowners need to be persuaded that it is worth taking a step back by selling for less so they can take two steps forward to buy a more … Continue reading →

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NYC Buyers Seeking More Luxury Home Choices

Posted on June 9, 2012 by Doug Heddings

When the New York City real estate market undergoes the kind of wide changes we’ve seen recently, you would expect changes in how prospective buyers approach their choices. No surprise there. With lending tight and larger deposits often being sought by lenders, … Continue reading →

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Commercial Real Estate Follows Economy Into Recovery

Posted on June 8, 2012 by Doug Heddings

Explaining that the commercial real estate sector closely follows the national economy, National Association of Realtor Chief Economist, Lawrence Yun, expressed a positive outlook for the commercial market. Speaking at the Commercial Business Trends Forum during its Midyear Legislative Meetings … Continue reading →

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Trinity Wall Street Church

Posted on June 6, 2012 by Doug Heddings

  Trinity Wall Street Church  74 Trinity Place New York, NY 10006   Trinity Wall Street Church is an Episcopal church located in Lower Manhattan in New York City. Part of New York’s Episcopal Diocese, Trinity is located at intersection … Continue reading →

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Consider This: MANAR + REBNY = HARMONY

Posted on February 9, 2012 by Doug Heddings

Seems like a simple enough equation right?  Wrong!  For years these two Manhattan residential real estate trade organizations have considered themselves competitors.  Not only is this silly but it has continued to be a market obstacle for both the consumer … Continue reading →

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