mortgages: PAYING THE HOUSE OFF PAYS OFF - 01/16/17 06:43 AM
In Real Estate, there are so many avenues and paths of learning/risking and not just about Real Estate itself but all that is connected to it especially the people factor. Getting upfront, close and personal with your like kind and thinkers when they are handling large transactions with big sums at stake is intimate in its nature. One of those intimacies is buying a home
SHELTER
That is a big accomplishment in itself. You are going to always need shelter and have to pay for it assuming you don't live out in the wild in a lien too or tree house. That being the case, consider what I … (7 comments)

mortgages: DEBT FREE FREE FREE - 07/28/16 02:54 AM
Freedom from debt. To not owe anyone anything is not being beholden to them and there is something about that in the human psyche that plagues deep down within or rewards. It could be linked to keeping ones word of honor which if you go back in time was the most important value one person could give another and it self-satisfies as well
RESPONSE-ABILITY
The answer to handling this before it handles you is to know what it is and is like to be a good steward of anything. From there, you can grow, reach out and experiment but with caution. At all times, … (2 comments)

mortgages: LET REAL ESTATE DO ITS WORK - 11/26/15 11:11 PM
For those that own a home, and by that I mean they are making payments as an owner, they not only get the physical and material rewards that come with such a large and personal purchase but they also have the invisible attributes and pay-offs as well. There is something about claiming a permanent space to lay ones head at the end of a day that words don't address but feelings stir deep
MAKES PERFECT SENSE
It is not hard to convince someone who has money, who is qualified and wants to invest to purchase a home. It remains a self-evident type of dynamic that makes … (8 comments)

mortgages: WANT TO LIVE RENT FREE - 08/19/14 12:24 AM
What I am suggesting with the title of the post is simply this. You buy a home. You make the payments and are content with having made it to that point. Then, year after year, your monthly mortgage obligation starts to diminish. Then, at some point down the line, you have no more monthly payments. In affect, you are living rent free
THE WHOLE NATION DID THIS
In the 1950's, that was the flow of the American people all across the United States. HOW? WHY? Simple! We just ended the World War, production and manufacturing was turned up and people had a mindset … (6 comments)

mortgages: OH GIVE ME A HOME WHERE THE BUYER MAY ROAM - 05/12/14 10:01 AM
Home, home on the range or in the city, house, condo or rental is one of mankind's favorite subjects. Food, SHELTER and clothing drives our life experience. Being able to purchase a home today for interests rates that when eventually raised will not come down again in most of our life times should be taken note of
RENT PAYMENT VS MORTGAGE PAYMENT
When a mortgage payment is the same as rent, then people start doing personal math. They try to put together down payments, clean up credit scores or look for co-signors because no one wants to miss this opportunity to pay a monthly … (3 comments)

mortgages: 5 Indicators Point to the Wisdom of Home Buying "Sooner than Later" - 02/14/14 03:00 AM

Here is an informative post from fellow professional Gene Mundt (Gene the mortgage machine) on a most relevant subject matter in regards to Real Estate. The post holds its own as a source and the material is spot on...This should also give anyone who is interested in doing Real Estate business a good glimpse on how this Loan Officer goes about it...impressive and supportive...Enjoy
 
  5 Indicators Point to the Wisdom of Home Buying "Sooner than Later"  
     Today's news looks something like this ...   "Mortgage Rates Convincingly Higher,  Momentum Shifts"         Those headlines come fast on the heels … (7 comments)

mortgages: SURE THING PATH TO REAL ESTATE WEALTH - 04/25/13 01:18 AM
Here it is in a nutshell. To purchase land and hold on to it works....that is how simple it is. Find something that you want. Interest rates are low and market values are staying true and current. Buy it, and then hold onto it.....BUT WAIT...there is more. I want you to do one other thing.....PAY IT OFF....
1. If you do pay off your mortgage early, you will eventually lose some tax write-off....BUT, you will never have to worry about a place to stay ever again. To me, that is a good trade. Rent or own, we need shelter......yes?
2. 401 … (4 comments)

mortgages: THE FORECLOSURE WARS 2006-2012 PART 3 - 04/03/13 11:37 PM
Parts 1 & 2 led us to this point where foreclosed individuals were visited up close and personal by agents all over the Unite States. I remember the injustice of this particular foreclosure at the time. My clients called the bank AHEAD of time to work something out. The bank thought they were crazy and refused to even discuss it. This was at the beginning of the Foreclosure debacle that was to last 7 years and create a business called short sales, boost REO's and make foreclosure a household word...all for the wrong reasons
CRIMINAL ACTIVITY
What we find out later … (16 comments)

mortgages: THE FORECLOSURE WARS 2006-2012 PART 2 - 04/03/13 11:36 PM
We learn in part 1 that there is always a calm before the storm. In this case there was an arrogant calm fueled with artificial stimulus and fraudulent tactics inducing people to purchase and borrow against assets all across America. Equity in the amount of trillions of dollars was singled out by Wall Street and tapped into to produce incredible never before profits making tens of millions and even billions for executives and investors alike
THE PERFECT WAVE IS ABOUT TO CRASH
Meanwhile, something strange happened. Someone turned on a light switch and people were starting to see clearly that what … (2 comments)

mortgages: THE FORECLOSURE WARS 2006-2012 PART 1 - 04/03/13 11:35 PM
It started out innocently enough. It was 2006 a time still of prosperity, jobs, opportunities and investments plus all type of adult toys beckoned. Wall Street had chased away many investors right into Real Estate and the ones that got in early did very well.  For the homeowner to be...If you could prove you are breathing, can sign your name and state you had a job, you could qualify for a loan of up to $500,000.00. Don't worry about a thing was the mantra
PROSPERITY IS IN THE AIR
Well people went out looking for homes and before they could write … (2 comments)

mortgages: AMERICAN DREAM IS NOT COMPLEX - 03/16/13 10:55 PM
The American dream is so simple it boggles the mind. You buy a home. You pay back what you borrowed to buy it and lo and behold after 20 years, you are sitting ON and living IN the American dream...Since a mortgage gobbles up almost half of peoples income, having no mortgage is the financial freedom everyone is looking for...Why re-invent the wheel?
THE START OF IT ALL
The short cut, a new way, a different procedure and taking risks are all allowed and available to the American people because that is our way of life. We have the best of … (6 comments)

mortgages: BUY THE HOUSE AND PAY IT OFF - 07/27/12 04:11 AM
Anyone who is 40 and up will be quick to tell you that the last 20 years of their lives has come and gone so fast. Heck, I thought High School would never end soon enough for me but it did. At some point, you look back and think what you could have done better or more of? Time waits for no one rings very true. I have said all that to say all this.
BUY SOMETHING RIGHT NOW
Anything purchased today will put you on the road to a very pleasant and productive TWENTY YEARS (20) FROM NOW program. That's right. … (7 comments)

mortgages: NOW IS THE TIME EVERY ONE TALKS ABOUT LATER - 01/07/12 02:27 AM
Buy low and sell high was always the catch-all phrase in Real Estate. The first part of the formula is upon us all right now. BUY LOW...is happening. Finally, after years of turmoil, buyers are getting what they pay for and as a bonus, financing can now get a rate so low that when it expires will be sorely missed. NOW IS THE TIME
THE REAL ESTATE DUCKS ARE QUACKING
We have inventory, pricing and financing all lined up quacking buy me and we would do well to listen. It s like when the planets all line up every 50 years … (12 comments)

mortgages: "LEND" THIS MAN YOUR EAR HE WILL TRY TO "LEND" YOU MONEY - 12/16/11 03:43 AM
In today's Real Estate market, transaction teams are formed of professionals that can help principals get in and get out of the Real Estate market effectively and efficiently. A true Real Estate professional surrounds themselves with people that can run with the ball when passed to them. Gene Mundt, a mortgage lender, can handle that ball!
SEARCHING FOR SAVVY
Let's start with the obvious. Anyone that has over 33 years in the business needs to be listened too. Experience counts especially if things get dicey. You see things happen in this business, some we know and expect and some we don't … (6 comments)

mortgages: THE 30 YEAR MORTGAGE.....HOW MANY PEOPLE GO THE 30 YEARS? - 05/16/11 03:22 AM
Many years ago, when I bought my first home, I chose to go with the 30 year mortgage because it offered the best rates plus I thought in all my youth, yes, in 30 years I will own this thing. It all made sense in the moment except for one thing...Since that time, I have owned a few homes and I have never gone the full 30 year term..
MONEY WAS CHEAP
This was a time when money was cheap and easy to come by. The birth of the long term fixed rate loan came about in 1934 to help stabilize … (2 comments)

 
Richie Alan Naggar, agent & author  (people first...then business Ran Right Realty )

Richie Alan Naggar

agent & author

Riverside, CA

More about me…

people first...then business Ran Right Realty

Address: 4850 Palo Verde Lane, Riverside, Ca, 92501

Mobile: (951) 201-5951



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