Sure you bought your vacation home for your enjoyment. Of course you would not want someone else there when you want to use it. And maybe your usage is unpredictable during the season. You can still make money from it! … Continue reading
Michael McFarlane
First, to all of you who were looking to find this second installment on our sister site we apologize. Technical difficulties prevented that from being published. Therefore we are re-posting it here for you, and thank you for your patience. … Continue reading
To all our friends, family, and clients. Please view your card at ððððð … Continue reading
The new year is often a time when resolutions and predictions abound, an opportunity to reflect upon last year and investigate ways to make this year better. Real Estate is no different. Following are ten things real estate professionals see … Continue reading
Citing limited usage and rapidly increasing costs the Board of the California Public Retirement System (CalPERS) has approved the suspension of the program that offered mortgages to it’s members. They say that over the last few years there has been … Continue reading
CoreLogic (a housing data firm) reported Monday that the number of underwater homes (homes which are worth less than their mortgage balance) fell this summer for the third consecutive quarter. This is actually a mixed bag of news, both good … Continue reading
Housing agencies clash over mortgage relief program. The FHA (Federal Housing Agency) says the programs will help avoid foreclosures. The FHFA (Federal Housing Finance Agency) says that if extended to federally backed loans (Freddie Mac & Fannie Mae) it could … Continue reading
‘Mystery shopping’ leads to complaints against 22 lenders. It’s not any secret that getting a loan is a lot harder that is was in the recent past. And considering the lender’s overzealous lending an over-reaction is not really a big … Continue reading
Bank of America says they have met the TARP exit requirements. They say that they have sold enough of their assets to repay the government (you and me) the $45,000,000 (yes, that’s 45 billion dollars) that funded their bail-out! According to … Continue reading
Although still quite low, interest rates have climbed again. Wednesday Freddie Mac put the 30 year fixed rate at 4.40%. Last week they reported the rate at 4.39%, and two weeks ago at 4.17%. While 4.40% is still an extremely … Continue reading