Demise of Lehman and its real estate portfolio

Five years later the collapse of Lehman Brothers still lingers in the real estate market in the United States and everywhere else. On September 14, 2008, Lehman was the fourth largest US investment bank but by early hours of September 15th it filed for bankruptcy, a victim of the financial meltdown. Isolating what cause the …

Consider These Criteria to Avoid Buyer’s Remorse

According to the Home Buying Institute, purchasing a property that doesn’t suit the needs of the individual or family may prompt feelings of regret, also known as buyer’s remorse. It’s important to consider certain criteria, such as the home’s affordability, location, and size before committing to purchase. Affordability The mortgage lender typically uses a ratio …