In the 80's I was a stock broker then after a few turns in the road, I became a mortgage broker. Still the age-old debate: is the stock market or real estate a better investment? … [Read more...] about Real Estate vs the Stock Market
Thinking of Selling Your Home Yourself – Really?
For all of you who are thinking of selling your home, read on. This is a great story that was reported in the "Wall Street Journal". It seems that the person who founded the original forsalebyowner.com put his house on the market this year. … [Read more...] about Thinking of Selling Your Home Yourself – Really?
New Maximum Loan Limits in California
Lots of new changes and regulations in loan guidelines yet again. Jumbo loans are still the most difficult to get. Whenever possible, a conforming loan - or a High Balance conforming loan will be the easiest to obtain. … [Read more...] about New Maximum Loan Limits in California
Buying a Foreclosure Property – Behind the Scenes
Today, if a buyer finds a house for sale as a traditional sale, both the buyer and real estate agent sigh in relief. No bank-as-seller to deal with in a reo (foreclosed) property sale. When a buyer makes an offer on a foreclosed property, the selling … [Read more...] about Buying a Foreclosure Property – Behind the Scenes
Thomas Friedman – Economic Recovery?
Before my workout this morning, I was watching The Early Show on CBS. There was an interview with Tom Friedman, the New York Times foreign affairs columnist. I really like listening to Tom. He’s very clear in his explanations of … [Read more...] about Thomas Friedman – Economic Recovery?
California-Wide Mortgages
I just want to remind everyone that I'm servicing clients all over California. I split my time between Beverly Hills and Palm Desert but since many of you have moved outside of these areas I'm servicing all of California. I've also had great luck with a credit correction and … [Read more...] about California-Wide Mortgages