Articles Written by Patrick Niland

SIX STEPS TO SUCCESS

KNOWING HOW TO DEAL WITH LENDERS CAN MAKE REFINANCING A LOT EASIER. With interest rates at historically low levels, this ...
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“Shop ‘Til You Drop”

To get a great underlying mortgage you need to know who’s got what. Need a mortgage?  Call a bank, right? ...
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SHAKESPEARE WAS ONLY KIDDING! – Part II

When refinancing your co-op’s underlying mortgage, your first call should be to your lawyer – not a lender. This is ...
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SHAKESPEARE WAS ONLY KIDDING!

When refinancing your co-op’s underlying mortgage, your first call should be to your lawyer – not a lender! People always ...
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SELF-LIQUIDATING LOANS

The image of taking a match to a paid-off mortgage is woven into the American psyche, and this notion drives ...
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Retracing The Six Steps

The Rules For A Financially Healthy Co-op Haven’t Changed. When I wrote “A Six Step Program for Boards—Plan Ahead for ...
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PLAY IT AS IT LAYS

HERE ARE SOME IDEAS TO HELP YOU AVOID GAMBLING AWAY YOUR CO-OP’S FINANCIAL STABILITY WHILE REFINANCING Watch the monte hustlers ...
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PLAN AHEAD FOR A HEALTHY FINANCIAL FUTURE

In 1991, the American Institute of Certified Public Accountants (AICPA) issued its Guide to Audits of Common Interest Realty Associations, ...
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GIVE ME SOME OF THAT OLD TIME AMORTIZATION

Most co-ops will benefit from the discipline of “forced savings” inherent in an amortizing loan. What a time to be ...
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MURDER ON THE INTEREST RATE EXPRESS

Early in 1993, as the Interest Rate Express was pulling into the station, there were many people waiting to board ...
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