Time to consider another hypothetical housing market scenario, this time from a buyer’s side. Meet Sam and Tiffany. This late 20’s couple has been renting for the first five years of their married life. They have always had a nice reasonable rent that has allowed them quite a bit of discretionary income between their two…
Tag: advice
Sell at a loss, or refinance and wait it out?
Charts and graphs are all well and good, but once in a while it’s good to look at some of the more personal effects of the housing bubble. Today let’s take a look at a possible scenario that some hopeful home sellers today might be facing. Next Friday, we’ll turn our attention to home buyers….
Ever met someone who likes to play with live grenades? Here’s somebody: Agents Who Originate Loans
This is not really new news for many of you , but the story circulating around news organizations and blogs about a buyer who has filed suit against their agent mentions a twist. Aside from the main story is the “smaller” issue that the agent evidently also arranged the buyers financing. At least that is…
Consumers wish list
The inspiration for this post is from the existing homeowners, prospective homeowners and allied real estate professionals that have corresponded with me and commented on this blog over months past to the present. I’ve learned and received much more than I’ve provided on this blog I assure you, but the common theme I’ve come away…
Looking under the hood: How to save yourself aggravation and money when refinancing or purchasing.
Our fellow blogger colleague “Peckhammer” will get credit for this post whether Peckhammer intended for that to happen or not. Hat tip to him/her for inspiring this post. Regarding consumers capacity to understand loan documents, Peckhammer remarked : “The loan documents they signed could have been reviewed by an attorney and explained if there were…