IS THE MARKET TOO SCARY TO BUY? (By the way – NO!)
Wow, we are being hit by all sides these days. The money market is in disarray, lay-offs are high, California hasn’t passed a budget. Can it get any worse than this? Why would anyone buy? It is being blared across the air waves that it’s as bad as the 1920s. So, can/should you buy? Did…
Read more4 Ways to Buy a Home
Newly Built Home – There are still newly built homes on the market. In the Sunday section of the paper these are highlighted with a map. Sometimes there is special financing available through the builder. Resale Home – These are homes for resale by the owner. Sometimes the owner still lives in them and sometimes…
Read moreThe Wave Is Coming
We keep hearing reports that the foreclosure wave is coming. It’s on the news and in the paper. Maybe it is, maybe it isn’t. We have not seen much evidence of it in Sonoma County. Here’s what we know so far… Fannie Mae has been holding back flooding the market with foreclosures so prices stabilize.…
Read moreOh, there’s no place like home for the Holidays
‘Cause no matter how far away you roam, If you want to be Happy in a million ways, For the Holidays you can’t beat Home Sweet Home. Ain’t it the truth! As a mortgage and real estate guy, I’m probably a bit more biased towards that viewpoint than most but who will argue the point.…
Read moreWHAT IS A “HARD” MONEY OR “PRIVATE” MONEY LOAN
There are several types of loans you can use to purchase or refinance. This applies whether you are buying a home to live in; a home to rent out; or a commercial building. They include the standard 30 year fixed rate mortgage; the government FHA/VA loans; a commercial property SBA loan; or a private money…
Read moreRENT VS. OWN
Have you heard the news? Mortgage interest rates are down to 4-1/2%. Mortgage interest rates have been hovering around 6% for months. But the Feds are trying to stimulate home purchasing and have been working to get mortgage rates down. What does that mean to you when purchasing a house? (Oh – by the way,…
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