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More Fallout in the Sub-prime Frontier
As I instruct all my students in my How to Get a Mortgage for Any Real Estate Property classes, do not get a mortgage via the internet. Use the internet
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The Robyn Report
The Robyn Report is a mash up of articles, reviews and interviews about all things real estate. We have tons of guidelines and tips about the new rules for mortgages and how to buy or sell a house. With all the new technology out there, you need to be updated on the latest apps, websites, programs and software to make home buying easier. We continue to search the universe to find the latest and greatest geek stuff out there! And of course, we write the books, hence we think all consumers should read the books, so we often have book reviews and interviews with the authors. Knowledge is power. Use it!
: Rates For The Week of January 26, 2007 ARE UP
The rates on fixed rates mortgages increased this week. Oil prices fell (my gas station was down 3 cents/gal) and the housing market hit a new low. First existing home sales were announced
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: Option Arms: Are Evolving into Something Longer
The Option Arm Mortgage was the latest craze (last year). It allowed a borrower to have a huge mortgage and make the tiniest of payments. Those are the ads you see that say borrow $1,000,000
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: Coops Do Not Make Good Investment Properties
A cooperative is an apartment just like a condominium but owned as personal property rather than real property. With this type of ownership, come some differences. A major caveat
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: Mortgage Rates For the Week of Friday January 19,2007
How did rates fair this week? There was much economic data this week that could have pushed interest rates hard either way. They were stagnant most of the week, though. Shows how people
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: The Holidays in Prague and Budapest
so finally, I tell……..We flew from JFK to Budapest on Czech Air. Upgrading to Business Class was a complete waste of money–consider it the Communist version of
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: Condo Right of First Refusal Might Effect your Financing
There is a lot of new construction going on in the metro area. The new gleaming high rises are typically starting out as condominiums. When buying a condo from a sponsor in a new construction
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: “Where in The World Is Dale” Extended for One More Week…….
Although I would love to say, I am still there…..I am not. I have received many emails asking me to post the answer, but there are still guesses coming in. I would like to keep the
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: Seller Concession in Real Estate Closings Held Unethical in New Jersey
I received a fax from my friend Jackie, a loan originator in New Jersey. It outlines why The Advisory Committee on Professional Ethics in the State of New Jersey has decided a seller
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: Interviews with: A Mortgage Broker
A continuing series of this blog will be interviews with experts from all related fields. Topics will include insurance, tax, law, appraisals, engineering inspections, will, deeds,
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