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Boy Developer Ben Shaoul Wants to Live Forever - New York Observer
Instead of finishing community college, Ben Shaoul bought up his first building at age 19. Eleven years later, he controls over 1,000 rental units, is finishing up three new condos, and is about to erect his first hotel. A small real estate family ...

Today's Mortgage Terms starting with N

Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.

Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.

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