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Foreclosure expert on radio.

Melissa Kollen, author of "Buying Real Estate Foreclosures" and director of the Long Island Real Estate Training School, appeared recently on "Brofco's Mortgage Talk" to discuss the procedures and pitfalls involved in buying foreclosed properties.

"Just because a property looks good doesn't mean it's a good buy," Kollen told the program's listeners. "A thorough review of both the actual building and the liens and judgments against it should reveal any structural damage or outstanding financial obligations attached to the property."

Kollen also offered advice and opinion on such foreclosure issues as mortgage qualifications and auction sales. The former president of an investment property management firm, Kollen in 1988 founded the Long Island Real Estate Training School, a real estate licensing school approved by the New York State Department of State. A resident of Commack, New York, Kollen has appeared as a guest on many nationwide television and radio talk shows, including CNBC's "Smart Money" and National Public Radio's "Living Well."

"Brofco's Mortgage Talk," the region's only radio call-in show designed specifically to answer mortgage-related questions, airs every Tuesday evening from 7-8 p.m. on WGBB 1240 AM.
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Title Annotation:author Melissa Kollen appears on WGBB radio
Publication:Real Estate Weekly
Date:Sep 15, 1993
Words:187
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