home buyers 123 limited liability company

105-10 otis avenue
corona, new york 11368

NYS Entity Status
ACTIVE

NYS Filing Date
JANUARY 14, 2013

NYS DOS ID#
4345277

County
QUEENS

Jurisdiction
NEW YORK

Registered Agent
NONE

NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY

Name History
2013 - HOME BUYERS 123 LIMITED LIABILITY COMPANY









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    Friday Jul 21, 2017

    First mortgage: 30-year fixed at 4.125 percent with no points; HELOC: 5.99 percent.The buyer already owned a home at the Sea Ranch seaside community and wanted to buy one larger before selling his current residence.The buyer’s agent, Hanne Liisberg of the Coastal Real Estate Company, knew that Holmgren had access to many funding structures as a mortgage banker/broker.Since the buyer had enough equity in his original home to completely pay off the HELOC after sale, he would be left with an affordable 30-year fixed rate loan after the sale of the original home.Since HELOCs are revolving lines of credit, once the loan is paid off, it will remain in place in case the buyer needs to access those funds in the future for home improvement or any other purpose.Because debt ratio requirements are more stringent when a buyer is putting less than 20 percent down and HELOC loan requirements are much more conservative than first mortgage requirements, Holmgren had to restructure the buyer’s debt profile to meet credit score and debt ratio requirements, but this was accomplished in the first week of the escrow period.

    Source: SFGATE.com: Real Estate News
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    By Holly Johnson - Sunday Jun 11, 2017

    Imagine you’re getting ready to close on your first home. You receive the closing paperwork and take special care to ensure all the details are correct. But, on the way to the bank, something funny happens – you receive alternate instructions on where to transfer your down payment. You call your realtor and title company to confirm these details, but never hear back from the title company. You do talk to your realtor, but she doesn’t set off any alarms. Running out ...

    The post Home Buyers, Beware: Wire Fraud Is on the Rise appeared first on The Simple Dollar.

    Source: The Simple Dollar
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home buyers 123 limited liability company corona ny