I was recently interviewed by the National Organization of Realtors on this important and topical issue. As we all know there have been serious breaches of the credit data of millions of people in this country and given the evolving narrative we likely don't know the totality of our exposure, so from my [...]
PMI. If you have it, it helped you buy your home. But now it's time to get rid of it if you can. Here's a great article on practical ways to do so. Don't forget to call me if you think the re-fi route might be a good option so I can refer [...]
1. Thou shalt not change jobs, become self-employed or quit your job. 2. Thou shalt not buy a car, truck or van (or you may be living in it!) 3. Thou shalt not use credit cards excessively or let current accounts fall behind. 4. Thou shalt not spend money you have set aside [...]
I was hesitant to post on a topic I considered fully vetted in the media but after reading the following article I found that misconceptions still abound. Depending on your situation the smart play for a down payment could be as low as 5% on conventional financing and zero if you are a veteran. [...]
This is one of my favorite topics. With thanks to Dr. Doolittle for the assist, there are wise and defensible arguments to be made on both sides of this question. If this is something you are considering please reach out to me to discuss. The analysis of this is something I have done a great deal of study [...]
“That red burner is still hot. Once again don’t touch it….” “Really? I know it was last time but….” If you are one of the rare and wonderful folks who have a 6 month buffer in liquid cash, are fully funding your tax deferred retirement account as well as education funds for your [...]
“Don’t touch that red burner. It is hot.” “Really? Let me see…” After 26 years in the real estate business I have seen the mortgage market swing back and forth like a pendulum from one extreme to the other through numerous cycles. After this last crisis things were no different as credit became ridiculously restricted, hindering [...]