Over the last 30 years our office has seen multiple cycles in Real Estate and in the Stock Market. These cycles consisted of Growth (where the US Equity Markets (Dow and Nasdaq) and housing prices soared), Over-Supply (where the curve flattened due to a lack of economic growth and housing inventory started increasing), Recession (where […]
What is a Reverse Mortgage? When you hear the word mortgage the first thing many people think of are traditional mortgages for buying or refinancing a home. Traditional mortgage loans are used to purchase property or to borrow money against the equity in your home. The borrower and lender come to an agreement that the […]
Where to Start with Residential Development Financing? The types of real estate classified as residential developments come in many shapes and sizes. Residential developments can range from a multi-family residence, suburban neighborhoods full of single-family homes, to major apartment buildings with sales prices in the tens or hundreds of millions. There is an important need […]
Obtaining a mortgage in today’s market for a future purchase or refinance can be a complex ordeal. A top financing professional can be critical in getting your offer accepted, or locking in the lowest rates and fees with the most favorable terms. Below are some questions you will want to ask, to make the best […]
The Pre‐Qualification…Your FIRST Step to Financing a Home Because of the complexities of home financing and the numerous loan programs available to the general public, prequalifying must be done by a qualified loan agent (preferably a mortgage originator) in person, via e-mail or over the phone. The prequalification process is both objective and subjective. […]
Moving??? Recently I heard a stat from a Realtor that 10% of the Bay Area’s population in the last 12 to 18 months, have left the Bay Area for other areas throughout CA and abroad. They have left for the following reasons: Less or no state taxes Lower home prices Lower cost of living Crime […]
Are you a Buyer that Keeps Getting Beat on Offers? Here is what we do to differentiate your offer over someone else’s, so the seller more often than not, accepts your offer: We pre-approve you, by running your credit, verifying your income via pay stubs and tax returns, confirm your assets with 2 months of […]
Hope the week is treating you well! For us in lending, it’s a world wind! Never in 30 years have I worked so many hours per week with such concentration for so long since going Shelter In Place on March 17. We had a short stay on SIP but that didn’t last long with SIP […]
Financial Planning can be a complicated equation with several moving parts that are constantly changing. I recently heard that, a house with a crumbling foundation is worthless. A house, like a financial plan, must have a solid foundation or eventually it can be weakened or even worthless! This made me wonder why I rarely hear […]
Happy Friday, Interesting week… Things seemed to be improving financially, but then the Dow reacted with news of new Corona outbreaks (down by 5% yesterday but up today by 1.43% as of this morning). Some good news, unemployment remains much lower here in the bay area compared to other places throughout the US and housing […]
