Monthly Archives: October 2007

The Return of PMI: Private Mortgage Insurance

October 17, 2007 – 4:09 pm

With the mortgage meltdown eradicating piggyback loan programs, and borrowers still needing to finance more than 80% of the purchase price of a home, the need for loans with PMI has become a default issue.

By Trevor | Posted in , First Time Homebuyers | Comments (1)

Take Ben Stein’s Advice: You’ll Win More Than Money

October 15, 2007 – 9:18 am

I love Ben Stein. And I especially love Ben Stein’s advice. If you’ve read my rambles here about all things mortgage and home-buying-related, then you’ve read my previous article about Ben and his sage advice.
Ben Stein is a lawyer, writer, actor and economist. He’s probably best known for his game show, “Win [...]

By Trevor | Posted in | Comments (0)

More Regulation and a “Dumbed Down” Consumer

October 10, 2007 – 7:49 am

There is a lot of finger-pointing going on in the middle of the mortgage meltdown of 2007. As time goes on, the blame-game is only going to get worse. Problems in the mortgage industry with regards to Sub-Prime loans and the potential foreclosures arising from the many “bad” loans given to consumers will [...]

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“Asking Price” Doesn’t Matter to Realistic Buyers

October 4, 2007 – 8:32 am

A Buyer who worries about asking price is missing the bigger picture of how to negotiate the purchase of a home.

By Trevor | Posted in First Time Homebuyers, How-To Negotiate | Comments (1)