Real Estate blog

Archive for the ‘Mortgage Rates’ Category

There’s a multi-factorial equation brewing out there that is going to impact real estate investors.

BusinessWeek recently ran an interesting article on Option ARM mortgages (also known as pick-a-payment, negative amortization mortgages, NegAms, deferred interest mortgages, and various other aliases).

It’s hard to argue with the success that Robert T. Kiyoski has had with his Rich Dad series. Head over to Amazon.com and you’ll see almost fifty items on offer; Rich Dad in English, Rich Dad in Spanish, Rich Dad for women and kids. Even Rich Dad in Chinese. My personal favorite is the DVD Rich Dad’s 60 Minutes to Getting Rich. Ok, it’s a bit pricy at $79.99…but that’s a small price to pay for a DVD that will make you rich in 60 minutes, right?

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Yesterday Massachusetts became the first state to take an aggressive move in blocking foreclosures when Governor Deval Patrick announced measures to protect homeowners facing foreclosure.

The baton passes to EquityScout.com for this week’s Carnival of Real Estate Investing.

The New York Times ran an interesting piece today on the subprime mortgage rollercoaster.

I wrote recently about how I was annoyed at USAA’s excessive fees for pre-approving a mortgage (fifty buck fee to fax me, their member of seventeen years, a mortgage pre-approval.)

Well I decided to give ‘em another chance.

The media scares me. We all rely on journalists to make a big world small and help us digest current events, but whenever I see an article on something that is within my area of expertise – like energy policy or real estate – I’m often appalled at how badly some publications mangle the facts and principles in order to spin an entertaining story.

The worst offender among the popular press, hands down, is USA Today.

Bulding a real estate team is recommended by many successful real estate investors. Having a trustworthy team of professionals alleviates professional real estate investors with an important asset - time. Some real estate investors try to do everything themselves, creating a shortage of their time to chase after the next great deal. Thriving real estate investors build a team they can rely on and trust. The following are some team members to consider when deciding to grow your business and building your real estate team.

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I would like to introduce you to a great Park City Utah Mortgage Lender, Karen Scott at Crescent Mortgage.┬а She will periodically write informative blog posts here┬аon my Park City Real Estate Blog regarding┬аMortgage Information.┬а I have had the opportunity to work with Karen on several mortgages and really enjoy working with her.┬а She truly looks out for my buyer client’s best interests first.┬а

I always recommend with my buyer clients who are planning to purchase real estate in the Park City area┬аto get pre-qualified for a mortgage.┬а It can make you look so much more attractive when submitting an offer which in turn┬аcan help you in negotiating for the best possible price.┬а Contact Karen at 435-649-2999 or email Karen┬аat karen@crescentmtg.com┬аso she can help pre-qualify you for a mortgage Today.

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