Home Equity

Reverse Mortgages Slammed by Consumer Reports

Reverse Mortgages Slammed by Consumer Reports

If you’re 62 or older and in the market for a reverse mortgage, take notice. The almighty Consumer Reports sent out a stark warning about the More

And Now for Something Slightly Different

And Now for Something Slightly Different

MortgagesUnzipped is a great blog with terrific information on how to get through the minefield of getting a loan.  Every day there is a new crop More

Renovation Financing:  Would you invest $2,500, if in 6 month you would be handed $29,000?

Renovation Financing: Would you invest $2,500, if in 6 month you would be handed $29,000?

I don’t know about you…But I would… That has been the average return on the additional closing costs associated with a renovation 203K loans that I More

Renovation Financing: East meets West….

Renovation Financing: East meets West….

A fellow blogger on Mortgages Unzipped (Brian Brady) posed a great question on a previous blog post: “In Southern California, there are many requests for solar panel financing. More

7 Things Every Home Buyer Should Know – Part 1

7 Things Every Home Buyer Should Know – Part 1

Here’s what I wrote about item #1 on the list last time: 6 months ago is ancient history. What your neighbor sold his house for 6 More

Renovation Financing: What is a 203K loan?

Renovation Financing: What is a 203K loan?

I got an e-mail yesterday asking: What is a 203K loan?  Every once in awhile I need to remember that I sometimes use acronyms and assume everyone knows More

Property Appraisals:  Declining Market Adjustment

Property Appraisals: Declining Market Adjustment

California is considered a “declining market” by lenders, the secondary market, and appraisers alike.  Appraisers have been instructed to adjust the “comparable sales”, on a Uniform More

"Tonight We're Gonna Party Like It's 1929!"

"Tonight We're Gonna Party Like It's 1929!"

I remember the Sigma Chi Frat parties at LSU in the early to mid 80′s playing Prince’s song: “1999” from the late 1982 album with the More

Need A New Roof? An FHA 203k Streamline Loan Could Be Right For You.

Need A New Roof? An FHA 203k Streamline Loan Could Be Right For You.

Winter is just around the corner, and more than a few roofs across the country will surely be diagnosed by a professional roofing expert as “DOA, More