August 27, 2008 – 9:00 am
Holy Cow! You would think the market was still red hot the way Sellers are (still) behaving! Either they have no patience with the new (difficult) paradigm of mortgage financing or they still think their homes are worth $42Million!!!
Really, of late I’m seeing this ridiculous attitude from Sellers threatening to kill deals and [...]
August 20, 2008 – 7:36 am
I learned early on one fundamental of buying a home: it’s all about the monthly payment. If you can’t afford the payment, you don’t buy the house. Pretty darned simple math, really.
February 24, 2008 – 12:38 pm
Do something spectacular and unusual this year when you visit your tax professional: tell her you don’t want a refund next year more than $1,000!
Yes, you read correctly, NO REFUND next year more than $1,000.
Wow, this is a radical concept.
Everyone knows that we Americans love our tax refunds. That late winter/early spring windfall of [...]
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.
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.
September 27, 2007 – 9:49 pm
You know, there was a time in the mortgage business when you had to actually use your brain to qualify your clients and work your loan applications. It took a certain amount of intelligence and dedication to read and understand the underwriting guidelines for any given loan program.
I remember when we would conference with [...]
August 14, 2007 – 9:34 pm
Go out there as a “dowser” to learn about homes in your chosen neighborhood. You will determine market value better than any Realtor or appraiser or homeowner because you will have been comparing homes, checking features against price, and meeting Sellers.
If you know that buying a home is the right thing to do for your own personal reasons, then YOU make the time. YOU determine the “when.”
August 3, 2007 – 12:27 pm
Toss economic theory out the window. If you are ready to buy a home—for your own reasons—then it’s time to make your own economic theories and make ‘em stick.
It’s more important than ever for consumers to understand some fundamental issues about their credit reports.
