Joe Petrowsky's Blog

Why are there so many apartments being built and why are there so few single-family homes being built?Have you seen how much 2–3-bedroom units are renting for? Wouldn’t it make more sense to buy a single-family, two-family, three-family, or even a four-family home? Wouldn’t it be a novel idea to ...

“A Lawyer would Never do Such a Thing” A Mafia Godfather finds out that his bookkeeper, Guido, has cheated him out of $10 million dollars.His bookkeeper is deaf. That was the reason he got the job in the first place.It was assumed that Guido would hear nothing so he would not have to testify in c...

"Mr. Petrowsky,Your name was given to me by my real estate agent. I am in the process of buying a mixed-use property, 6 apartments and a 1st floor commercial space. The negotiated price is $482,000 and I would like to put 25% down but could do more if necessary. Even though I am purchasing the pr...

Hi Joe, Hope you are well. When it comes to mortgages, there is no one else I would rather talk to and get advice from. We have a family member that may be looking for a reverse mortgage. It’s a little complicated, so I would like to talk to you when you have a few moments. Thank you, Bob I get ...

"Good to talk to you earlier today. I can’t believe I am thankful about giving up our 3.75% mortgage and looking at refinancing to a 5.5% rate. When I called, I had no direction, especially after getting laid off a couple of weeks ago, 4 of us got pink slips and we did not see that coming. Will ...

“Judy Collins would be Upset” A friend of mine plays piano in a local restaurant. One night, I listened to him play "Send in the Clowns", one of my favorite songs. As he finished a woman approached him."Can you play, ‘Send in the Clowns?’, she asked.My friend shook his head sadly and replied, "Ap...

“Mr. Petrowsky, Your name was given to me by Jill XXXXX one of my co-workers. She told me you did her mortgage a few months ago. In any case I contacted the bank that my husband and I do our regular banking left two messages wanting to get qualified for a mortgage, unfortunately have never heard...

The Felony Lane Gang is back in the Northeast.The “Felony Lane Gang” is a group of thieves based in Florida that travel across the United States stealing identities and checkbooks from unattended cars (“smash and grabs”). With the stolen checkbooks and driver’s licenses, the gang then commits fra...

“Joe, I can’t tell you how excited we are, WE ARE HOMEOWNERS! When we originally spoke a few months ago, I truly didn’t believe we would be buying a home anytime soon. When you told us that we qualified for a mortgage it was overwhelming. Sure, you pointed out that a couple of our credit cards h...

These are millions of taxpayers that do not have Social Security Numbers (SSN) that fall into the category of "Foreign Nationals or Non-Permanent Resident Aliens." Many of these folks are able to work and pay taxes because they are given an "Individual Taxpayer Identification Number" or ITIN Numb...