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Mortgage

$4M Lottery Jackpot: Framingham Winner Plans To Liveout Homeowners' Dreams $4M Lottery Jackpot: Framingham Winner Plans To Liveout Homeowners' Dreams
$4M Lottery Jackpot: Framingham Winner Plans To Liveout Homeowners' Dreams A Framingham woman said she will fulfill every homeowner's dream after winning $4 million in the Massachusetts State Lottery.  Elba Rivera, of Framingham, won the seven-figure sum playing the "777" $10 instant scratch-off game. She took home the top prize for the game, but one $4 million ticket remains in circulation.  Rivera took the lump sum payment of $2.6 million (before taxes) rather than the annuity.  Related: Weymouth Man Wins $1M Thanks To Morning Coffee Run She plans to use the money to pay off her mortgage.  Rivera bought the ticket at Auto Bright Car C…
Newly Minted Millionaire: Dorchester Man Preparing For Future After Lottery Win Newly Minted Millionaire: Dorchester Man Preparing For Future After Lottery Win
Newly Minted Millionaire: Dorchester Man Preparing For Future After Lottery Win A Boston man said he already knows how he'll spend the $1 million he won playing in the Massachusetts State Lottery.  Jose Rodrigues, of Dorchester, won the prize playing the "777" scratch-off game.  He elected to take the lump sum payment of $650,000 (before) taxes rather than the annuity.  Rodrigues said he'll use the money to pay off his mortgage.  He bought the ticket at O'Brien's Wines & Liquors at 1911 Dorchester Ave. in Dorchester. The store will get a $10,000 bonus for the sale. 
'Smile, Laugh Were Contagious': Businesswoman, Mom From Bronxville Dies At 43 'Smile, Laugh Were Contagious': Businesswoman, Mom From Bronxville Dies At 43
'Smile, Laugh Were Contagious': Businesswoman, Mom From Bronxville Dies At 43 A businesswoman and mother who was a lifelong New York resident has died at the age of 43. Kimberly A. Hallenbeck was born in Westchester, lived in Orange County, and worked on Long Island. Her death, on Tuesday, Jan. 9 at Memorial Sloan Kettering Hospital, came after a two-year battle with cancer, according to her obituary. A resident of the town of Newburgh, she was the daughter of the late Francis J. Hallenbeck III and Elizabeth (Burns) Laurie, who was born on July 1, 1980 in Bronxville. She worked as a loan mortgage originator for Contour Mortgage in Garden City. She had "a smil…
Central Mass Lottery Winner Has Noble Plans For His Payday Central Mass Lottery Winner Has Noble Plans For His Payday
Central Mass Lottery Winner Has Noble Plans For His Payday A Worcester County lottery winner said he wants to put the money he's won to good use by funding his son's education and giving to charities he believes in.  Venkataramanan Balakrishnan, of Shrewsbury, won $25,000 a year for life after he matched the first five numbers on his Season Ticket. They're the same five numbers he's been playing for years.  Balakrishnan chose to take the one-time lump sum payment of $390,000 (before taxes) rather than the annuity.  He said he would use the money on his mortgage, his son's education, and charitable causes. He didn't go into which cha…
Diesel Mechanic From Southeast Massachusetts Wins $3 Million Mega Millions Prize Diesel Mechanic From Southeast Massachusetts Wins $3 Million Mega Millions Prize
Diesel Mechanic From Southeast Massachusetts Wins $3 Million Mega Millions Prize Despite winning a massive prize from the Massachusetts State Lottery, a diesel mechanic from Southeast Massachusetts doesn't plan on using his winnings to take time off, but rather pay it forward. Paul Little, of Lakeville, is the winner of a $3 million Mega Millions prize on a ticket he bought for the multi-state game's Tuesday, Jan. 17 drawing, the lottery reports.  Little, who works on marine engines, said that he plans to continue to work for the time being but does have plans to use his winnings to help his family and other people. Little also plans on using some of the money to p…
Here Are Top 10 Scams To Avoid, NY Attorney General Says Here Are Top 10 Scams To Avoid, NY Attorney General Says
Here Are Top 10 Scams To Avoid, NY Attorney General Says Fraudsters were busy in 2019, going through drastic efforts in an attempt to scam New Yorkers, according to the Attorney General’s Office. New York Attorney Letitia James released a new report of the top 10 consumer fraud complaints that her office received last year, topped by Internet-related schemes. It was the 14th year in a row that Internet-related complaints topped the list. According to James’ office, the top 10 consumer complaints were: Internet-related (4,436 complaints in 2019); Consumer-related (2,659); Automobile (2,510); Landlord/Tenant disputes (1,910); Utilities (1,811)…
Q&A With Local Real Estate Attorneys—What You Should Know If You’re Buying Or Selling A Home Q&A With Local Real Estate Attorneys—What You Should Know If You’re Buying Or Selling A Home
Q&A With Local Real Estate Attorneys—What You Should Know If You’re Buying Or Selling A Home As Realtors, we routinely provide home buyers and sellers with a tremendous amount of information and guidance in the process of buying or selling a home. However, there will be times and issues that legal counsel should be consulted. To help real estate consumers, we posed some of the most frequently asked questions to two local attorneys, Toni Maida, Esq. and Michael Shilinski, Esq. Here are those questions and answers: Q: From a legal standpoint, what should sellers know or do before they put their home up for sale? A: "Locate house documents such as title policy and survey; be sure…
Feds: Belleville Real Estate Investor Nabbed In Million-Dollar Mortgage Scheme Feds: Belleville Real Estate Investor Nabbed In Million-Dollar Mortgage Scheme
Feds: Belleville Real Estate Investor Nabbed In Million-Dollar Mortgage Scheme A Belleville real estate investor doctored applications to obtain more than $1 million in mortgages that all defaulted, federal authorities said. Cabral Simpson, 43, and a group of co-conspirators left lenders and the U.S. Department of Housing and Urban Development holding the bag by creating bogus bank statements and fake employee verification records for unqualified property buyers, U.S. Attorney Craig Carpenito said. They then transferred enough money into the buyers’ bank accounts to cover the property deposit, Carpenito said. The scheme "induced lenders to issue more than $1 million …
Looking To Refinance A Home? Laurel Road Explains What You Need To Know Looking To Refinance A Home? Laurel Road Explains What You Need To Know
Looking To Refinance A Home? Laurel Road Explains What You Need To Know For homeowners who have built equity in their current property and are seeking additional money for renovations, upgrades or other life events, refinancing a mortgage through a cash-out refinance offers the chance to access additional funds without the need for a traditional loan. In these loans, a new mortgage is financed for an amount larger than the current total, with the difference being paid in cash to the homeowner. Several benefits of a cash-out refinance include low interest rates, flexibility to use the money at the homeowner's discretion and a variety of tax advantages. However, …
Welcome Home: Understanding Closing Costs Welcome Home: Understanding Closing Costs
Welcome Home: Understanding Closing Costs When moving to a home, costs tend to add up rather quickly. Several items will need to be budgeted for right away such as replacing carpet, updating appliances, moving and closing costs. When buying a home the title of the property will be transferred from the seller to the buyer which is called the closing. The fees that need to be paid at that time are considered closing costs. Closing costs vary widely based on a number of factors and you will receive a loan estimate within three business days of receiving your completed loan application. Then three days before closing, you will rece…