loan: The Mortgage Market – Week ending 9/14/07 - 09/12/07 03:21 PM
Recently, the August Report of the Case-Shiller S&P Housing Survey stated that housing prices, nationally, declined at an annual rate of 3.2%. What the local headlines in the Denver Area missed is that Denver is now in its third month of appreciation. Denver is poised to move into one of the … (0 comments)
loan: Current Home-Owners… What to do Now? - 09/12/07 03:06 PM
There are four actions possible for current home-owners: Do nothing, Sell, Refinance, or Convert the Current Residence to an Investment. Do Nothing: This is for those individuals who are either happy and content in their present situation and don't want to take any chances, or those who are so caught in the … (0 comments)
loan: Finding Success in the Current Real Estate Market - 09/12/07 03:02 PM
I live in Castle Rock, Colorado, on the south side of the Denver Metro Area. This article will cover both local and national (general) trends. Let me start nationally. Over the past five or so years, most of the nation has seen rapid increases in real estate values. I won't go into … (0 comments)
loan: Now is the Time to Understand Mortgage Structure - 09/12/07 02:56 PM
We've been hearing a lot lately about a "meltdown" in the mortgage industry. First, this is a media-hyped gross exaggeration of what's really going on. The best thing to do is remain calm and get professional advice from somebody you know and trust, who is really equipped to explain the situation. Let … (1 comments)
loan: Now is a Great Time to Buy! - 08/16/07 05:55 PM
The market is panicking; home values are declining; stocks are plummeting... how can this be a great time to buy? The simple adage, buy low, sell high, is an economic basic. We've seen how high high has gone in recent months, days, or years, depending upon what investment you're looking at, whether … (0 comments)
loan: Updated Mortgage Underwriting Requirements - A MUST READ! - 08/14/07 12:46 AM
This one sort of falls under the "gotcha" column, but in the midst of all the mayham going on right now, I thought it might be a bit of a comic relief. Happy Reading! Very Important- Guideline Changes Effective August 13, 2007* All borrowers must have one blue eye and one … (3 comments)
loan: Taxes and Real Estate - 06/09/07 05:15 PM
Before I begin this column, please know that I am not an accountant. When I was a boy, my father shared a bit of wisdom with me regarding taxes. He said, "Give Uncle Sam every dime he is due... and not a penny more." My father is both wise and a great … (6 comments)
loan: Understanding the Home as an Investment - 06/09/07 05:13 PM
UPDATE - I feel compelled to add a new comment to the blog subject below. Just yesterday, I met with some prospects. As it turns out, their situation almost mirrors precisely the situation below, all the way down to having paid extra to principal reduction when they were able. Their story ended in … (2 comments)
loan: Home Mortgages Require a Shift from Old Attitudes - 06/09/07 05:11 PM
I am old enough to understand the reason behind the advice my parents gave me, which is the same advice their parents gave them; "Get a low mortgage and pay it off as quickly as possible." Ever heard that advice? While once very sound, that admonition is no longer necessary in … (4 comments)
loan: Advice for First-time Home buyers - 06/09/07 04:27 PM
Laura Scheer asks: What are the most important steps to prepare ourselves for our first mortgage? How do you choose a lender? First, let me offer my congratulations for asking the questions! The cliché would be to say that home ownership is the American dream. The truth behind the cliché is that … (8 comments)
Greg Polashock specializes in providing home Financing Solutions for move-up home buyers in Castle Rock and Lone Tree in Douglas County Colorado. Greg also consults with and for a variety of industry-related professions including Realtors®, Financial Planners, Accountants, Attorneys, Builders and Insurance Professionals.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Recently, the August Report of the Case-Shiller S&P Housing Survey stated that housing prices, nationally, declined at an annual rate of 3.2%. What the local headlines in the Denver Area missed is that Denver is now in its third month of appreciation. Denver is poised to move into one of the … (0 comments)
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