Foreigners: apartment buyers with special needs

Part 1 of 2

(Flickr photo by allie_caulfield)

The foreign buyers you read about who are purchasing super-luxury apartments that are sky-high not only in location don’t concern themselves with financing their purchases.

Nor do those whose chief interest is to park their funds in a safe place seek out lenders.  (Of course, foreign buyers may have in mind a safe haven for their funds as well as a desire to increase their investment with financing assistance.)

But for foreigners who want a modest pied-à-terre or perhaps housing for their children attending school in the U.S., a mortgage can be important.

They may be able

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Mayor Bloomberg’s Commission on Human Rights is a “nearly invisible joke,” contends Errol Louis in the New York Daily News. Says he:

The agency’s 2009 annual report included a single paragraph on housing discrimination with no information on