Real estate blog entries tagged with mortgages by Portfolio Realty Solutions (PortfolioRS.com)

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Home : Blogs : Portfolio Realty Solutions : Portfolio Realty Blog : Tag "mortgages"

mortgages: 3 Important Tips When Applying for a Home Mortgage - 01/20/08 11:52 PM

The other day I received a call from a gentleman looking to refinance out of his 2-year adjustable rate home mortgage (2/28 ARM) that is now variable. These home loans are typically reserved for subprime borrowers due to a poor credit rating. Although this is not an ideal loan, he wasn’t in too bad of shape because he put a serious 20% down when he purchased the property. I couldn’t help but think that this guy took the 2-year ARM for a good reason (bad credit?). This wasn’t the case however. After running his credit and seeing that he had plenty … (0 comments)

mortgages: Don't Be Scared of the Real Estate Market - 12/06/07 07:46 PM

If you’re as busy as the next person, then you probably have not had the time to pick up a newspaper or watch more than 30 minutes of the news. However, I’m sure you have heard from co-workers or friends about the negative press surrounding the mortgage and housing markets. The rancor of this situation has caused some sort of paralysis in the consumers. But where there’s adversity, there’s opportunity. By human nature, we tend to listen to our friends or mentors or should I say go along with what everyone else is doing. We wait for someone to say “It’s … (0 comments)

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