Advice to the $516 million PA lottery winner
JD and Phil chat with financial advisor and author Robert Pagliarini, who advises people on handling sudden wealth — such as that $516 million lotto winner who purchase their ticket at a Levittown 7-Eleven.
JD Mullane and Phil Gianficaro, Bucks County Courier Times
Sue Meitner knows there’s a human side to the numbers she crunches. As a mortgage broker, she loves the feeling she gets after helping someone purchase their first home or their dream home.
“It’s great to see their tears of joy or seeing their child pick out their room. It’s very gratifying,” said Meitner, the president of Centennial Lending Group in Horsham.
Meitner authored a book about the mortgage industry — “Crazy, Lucky Girl: Do You Have the Keys to Success?” — in 2015 and now is a local host on the television show, “Financing the American Dream” which appears on CNBC, Fox Business and Bloomberg Television sites.
Meitner showcases homes and businesses throughout Southeastern Pennsylvania in her segments for the nationally televised show, explaining to viewers the value in owning real estate.
Since she started hosting the segments for the show in January, she’s featured homes and businesses in New Hope, Ambler, Philadelphia and on the Main Line. She expects to film another segment in Bucks County this month, highlighting homes and businesses in the Doylestown area.
“If someone has a great listing, reach out,” she said, noting they can contact her via email to her company. About 20 homes are viewed before she selects the homes to be featured.
She said that over the years, she has seen her clients come back as they make a new move and she’s now even helping their children buy their first homes.
In a recent segment of the television show, Meitner featured both the 8,000-square foot mansion Cote D’Azur, along the Delaware River in Solebury, and a townhome on Regent’s Row in New Hope.
At the townhome, she met Realtor Jeff Lavine of Keller Williams in Doylestown. As they discussed the payment for the approximately $600,000 residence, the two real estate experts said that the cost to own the New Hope home would be less than to rent in Manhattan.
“You’re paying someone’s rent, either your landlord’s or your own,” Levine pointed out on the TV show.
At Cote D’Azur, Realtor Caryn Black of Kurfiss-Sotheby’s International Realty, described the beautiful river setting for the elegantly furnished estate which is listed for $3.99 million.
“We have seen a lot of people from New York City moving into Bucks County,” Meitner later noted. Since the COVID crisis began and people started working from home, Bucks County has become an even more attractive real estate market for New Yorkers, she said.
Meitner, who is a certified mortgage banker, said there are misconceptions about mortgages…