What is a ‘Zombie Mortgage’?

For most buyers, mortgages are the cornerstone of purchasing a home. Sometimes a second mortgage is necessary, too, to cover the down payment, for instance. But what happens if that second mortgage seems to have been forgiven but actually still exists? Introducing: the “zombie mortgage.” These aren’t creatures from the underworld, but mortgages that homeowners

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$1.5 Million Homes in Prague

Modrany | $1.5 million (34.6 million Czech koruna) A three-bedroom loft with designated children’s areas in a reimagined aircraft parts factory from 1925 This three-bedroom loft-style apartment is on the ninth floor of a 14-story former aircraft parts factory built in 1925. The industrial building, in Prague’s southern Modrany district, has been renovated and transformed

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Homes for Sale in Manhattan and the Bronx

Manhattan | 340 East 93rd Street, No. 6C Yorkville Co-op $589,000 A one-bedroom, one-bath, roughly 700-square-foot apartment with a pass-through kitchen, a large bedroom, ample shelving, and PTAC heating and air-conditioning, on the sixth floor of a 30-story doorman building with a live-in super, a residents’ lounge, a hot tub and sauna, a gym, a

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$400,000 Homes in New York, Mississippi and Maryland

Catskill, N.Y. | $395,000 An 1860 brick rowhouse with two bedrooms and two and a half bathrooms, on a 0.05-acre lot This house is a block from Main Street, putting it within easy walking distance of the village’s restaurants, bakeries and art studios. It is a 10-minute walk from the Avalon Lounge, a popular music

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How to Stay Cool Indoors During the Heat Wave

Summer officially starts on Thursday, and this season is predicted to be hotter than normal — a heat wave across the country this week is expected to affect millions of Americans. In New York, the temperature is forecast to reach 96 degrees by Friday. On Monday, Chicago hit a record-breaking 97 degrees. More than just

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