Archives for June 2007
The Cure For The Foreclosure Epidemic: Part 3–The Room
The real emotions of buying a home begin with The Room.
The room, as I call it, is the place where you, the borrower of a loan, and the loan officer, the person who is assisting you in getting the loan, meet. By place I should almost say space, but really, it is how you meet the […]
Attention Mortgage “Shoppers”: Interest Rate Is The Last Thing To Discuss
I know, I know. You want to know the rates for today (aka rates du jour). I can’t tell you that. And: I won’t tell you that. Not on the phone, not without meeting with you and reviewing your financial documents, and not without discussing programs and how to structure the loan (and there could be […]
I Was Kidding About The 100-Year Mortgage
In a previous post, I made reference to a “new” 100-year mortgage. Was just kidding to make a point.
Turns out, I may not be that far off. Read this article about 100-year mortgages coming to Wales. And Japan already has 150-year mortgages.
One of those be careful for what you wish for ideas………
An Article About Budgeting For A Mortgage
Leslie Mann was nice enough to interview me a few weeks ago about issues that new homebuyers encounter. Her article appeared this past Friday in the Chicago Tribune. In case you missed it (or do not live in Chicago), here is the article online.
Thank you Leslie. Hope it helps.
The Cure For The Foreclosure Epidemic: Part 2–American Dreams
Everyone imagines their dream life. Part of this dream derives from our own individual goals and motivations and possibilities. Part comes from a culture. Our culture. After all everyone from friends and family and realtors and loan officers pushes to buy a home.
This post follows the Introduction and Part 1 about our foreclosure problems.
It’s no secret that, […]
Tony Soprano, Foreclosures, and the ‘Da Dum’
You know how pieces of music resolve, bring closure to the end? Kind of with (and you have to hear this in your head) a ‘da dum?
The Sopranos final episode had no ‘da dum’. At least not the way most people wanted. No clean tied-up ends, no resolutions, but a lot of wondering. Many people […]
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