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Author Archives: Michael McFarlane

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Need Extra Income? Have a Vacation Home?

Posted on 30. December 2010 by Michael McFarlane
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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 →

Posted in Finance, Home Improvement, Real Estate Market | Leave a reply

10 Real Estate Predictions for 2011…part II

Posted on 28. December 2010 by Michael McFarlane
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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 →

Posted in Real Estate Market | Leave a reply

Merry Christmas

Posted on 25. December 2010 by Michael McFarlane
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To all our friends, family, and clients.  Please view your card at  ððððð … Continue reading →

Posted in Uncategorized | Leave a reply

10 Real Estate Predictions for 2011

Posted on 23. December 2010 by Michael McFarlane
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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 →

Posted in Buying a Home, Real Estate Market | 1 Reply

CalPERS Program Suspended!

Posted on 21. December 2010 by Michael McFarlane
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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 →

Posted in Buying a Home, Finance | Leave a reply

The Home Value Scene is Looking Better

Posted on 16. December 2010 by Michael McFarlane
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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 →

Posted in Finance, Real Estate Market | 3 Replies

Underwater Refi’s May Be In Jeopardy

Posted on 14. December 2010 by Michael McFarlane
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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 →

Posted in Finance, Real Estate Market | 1 Reply

Some FHA Lenders Accused of Snubbing Subprime Borrowers

Posted on 9. December 2010 by Michael McFarlane
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‘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 →

Posted in Finance | Leave a reply

Did the Fed’s Plan Actually Work?

Posted on 7. December 2010 by Michael McFarlane
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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 →

Posted in Finance, Real Estate Market | Leave a reply

Interest Rates Continue to Rise

Posted on 30. November 2010 by Michael McFarlane
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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 →

Posted in Buying a Home, Finance | Leave a reply

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