Howard Stern is Hot in Real Estate

Howard Stern has over 20 property related files in Queens, 27 in Brooklyn and 1 in Manhattan. The files include mortgages, releases or satisfaction pieces, liens and powers of attorney.

One 11 page mortgage was recorded on 9-23-04 for a two family dwelling, located at 243 51st Street, Brooklyn in the amount of $300,000. Another property transaction for 845 Dean Street, Brooklyn was recorded on 5-25-04 in the amount of $150,000 at an unbelievable 14% interest rate considering rates were at a fourty year low. The senior mortgagee (holder) is Howard Stern and the junior holder is New Way Realty Corp. Better known, in my opinion, as loan shark one and two. If you think that's scary, you should read the actual 10 page document.

This information and other similar types are available to you for free. You just have to know how to get it by a name, address, parcel number, even street intersections. It is easily accessable.

You can find out about divorces, liens, marriages, wills, transfers, judgements, deeds, releases and many fascinating things such as hundreds of years old documents in beautiful handwriting and language together with a wax seal. This is one way people or mortgage companies buy loans from each other, usually not even alerting the borrower until after the fact.

Suzie is a certified residential appraiser and licensed real estate broker and expert authur educated in real estate and architecture. Other professionals in the industry have contributed as well. http://www.freewebs.com/realestatenews

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