Scenario: First time buyer purchasing a condo. 20% down payment. Good Income. Good Credit. An all-around strong buyer. PROBLEM: He spoke to ‘his bank’ and was told, …
Fed’s Report of ‘Easing Mortgage Credit’ Turns Out to be a Myth.
In August, the Federal Reserve released a report that reported demand for loans had increased and that lending standards have “continued” easing in many loan categories, including …
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Home Buying “DO’s and DON’T’s.”
Buying a new home should be an exciting time in one’s life. Yet, many people are overwhelmed by the requirements for obtaining a mortgage. Fortunately, most stress-causing issues are totally …
Shop for the Truth, NOT the Answer.
My clients appreciate that I always tell them the truth and advise them accurately. What I tell them is not always what they want to hear; but it IS what they need to hear. Yet, every once …
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There Are No Secrets With New Credit Report from CoreLogic
(Originally published 07/10/12.) It’s almost common knowledge that in recent years, lenders have been delving deeply into borrowers’ credit and financial affairs. Now lenders have …
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Americans Should Be Buying Homes, According to Warren Buffett
(Originally Published 04/03/12.) “Be greedy when others are fearful. Be fearful when others are greedy.” - Warren Buffett Warren Buffett is notably one of the richest men in …
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