financial: Financially Pre-Qualifying Buyers - 08/21/08 03:40 PM
Being a professional REALTOR®, I take pride in my work, and that includes doing a complete job in protecting my clients, whether they be Buyers or Sellers. One part of the job that I find is missed by many REALTORS® is the act of determining the financial qualification of Buyers. While I … (3 comments)
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financial: Should You Lock In Your Mortgage Rate? - 08/18/08 07:12 PM
Mortgage rates have changed again this week. The market seems to swing according to the media focus. With the start of the Olympics, we may be in for a bit of a reprieve. However, according to a CNN article by Les Christie, borrowers may benefit by locking in their interest rate (pre closing). … (0 comments)
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financial: To Buy or Not To Buy - 08/14/08 10:09 AM
That is the question of the hour from buyers of Palos Verdes real estate (and probably nationwide). Should buyers believe the doomsayers or the optimists? The LA Times has a very balanced answer to their question.
Reasons not to buy are mostly from economic forecasts, statistics and ratios. Reasons to buy look … (0 comments)
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financial: Carlsbad Real Estate - The Long Term Benefits of Investing - 08/13/08 07:29 PM
I have been sharing some thoughts on real estate investing, and this is the next installment in the series. If you missed the previous articles, here they are - I think you will find them useful in planning your financial future.
READ:
Financial Planning and Your Carlsbad Home Purchase
A Financial … (4 comments)
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financial: ForexGen helps you to get started in Forex trading - 08/04/08 06:44 PM
You may have been hearing about the foreign exchange market (FOREX) and the investment advantages it offers. You would like to try it out, but don't know where to start. This short guide will give you the basics in FOREX and tell you what you need to participate in this … (0 comments)
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financial: Real Estate is Making a Comeback - Some Issues to Consider - 08/02/08 11:23 AM
The past year has taught many lessons about the differences between “real” real estate investing and speculation. As the buy-and-flip frenzy has subsided (or been killed off) and prices of residential rental real estate have come down, traditional investing- based on cash flow/capitalization rates- is once again out there for dedicated … (9 comments)
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financial: What is the Market Expecting for July Non-Farm Payrolls? | Sigma Forex - 07/31/08 09:55 PM
Change in Non-Farm Payrolls: -75k Forecast, -62k PreviousUnemployment Rate: 5.6% Forecast, 5.5% PreviousChange in Manufacturing Payrolls: -40k Forecast, -33k PreviousAverage Hourly Earnings: 3.4% Forecast, 3.4% PreviousAverage Weekly Hours: 33.7 Forecast, 33.7 Previous Of the 79 economists polled by Bloomberg, the most optimistic forecast is by First Trust Advisors, which calls … (1 comments)
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financial: Introduction to Forex | Sigma Forex - 07/30/08 10:50 PM
The purpose of this overview is to introduce the forex market to you. As with many markets there are many derivative of the central market such as futures, options and forwards. In these tutorials we will be discussing the main market sometimes referred to as the Spot or Cash market.The … (0 comments)
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financial: Mortgage Mess - 07/25/08 10:47 AM
The Mortgage Mess we are in is the worst market I have been in. However, things do change. The Memphis Tn market may not be as bad as other parts of the country. Shelby County and surrounding areas have challenges which include helping first time homebuyers get in for little or … (0 comments)
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financial: WARNING: IRS spoof on e-mail - 07/21/08 10:03 AM
Be careful, I just received this e-mail and I know it is a SPOOF.
Sunday, July 20, 2008 5:55 PM From: "service@irs.gov" <no-service@irs.gov>Add sender to Contacts To: undisclosed-recipients
Over 130 million Americans will receive refunds aspart of President Bush program to jumpstart the economy.Our records indicate that you are qualified to … (7 comments)
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financial: searching for a career opportunity in Orange County, CA - 07/20/08 01:28 PM
I'm moving back to Southern CA area to the Mission Viejo area in Orange County. I am looking for a career opportunity near Mission Viejo in the RE acquisition/investment/transactional field. Career with a RE department of franchise co, developer or investment co., retirement RE investment fund, financial institution, mortgage co, or title co. all work for me. … (0 comments)
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financial: How the Credit Scoring Model Works on CD Free - 07/18/08 01:51 AM
How the Credit Scoring Model Works on CD Free
For those who live in California we do LIVE credit improvement and overall financial health seminars for your office and or clients, it is about an hour and a half seminar. Read our testimonials to see how people go wow!
… (0 comments)
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financial: How A FICO Score Is Determined - 07/16/08 01:51 PM
"How is my credit score determined?" ask buyers of Palos Verdes real estate. The chart above details the scoring system used by Fair Isaac, the creator of the FICO score, one of the most widey used credit scoring methods employed by most banks and lenders in the United States. To … (4 comments)
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financial: money merge account version 4 update - 07/15/08 01:13 PM
Dedicated to families and providing solutions to debt and wealth creation, We traveled to Atlanta, Georgia, where United First Financial unveiled the evolution of the Money Merge AccountTM program and the solution to American Debt.One of the most controversial debt reduction programs on the market today, the Money Merge AccountTM program … (0 comments)
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financial: Not Everyone Wants a Mortgage - 07/14/08 10:06 PM
There is always room for a new perspective, whether you are considering the value of home ownership, or obtaining a mortgage.
When working with buyers from other countries, it is important to understand their possibly unique perspective on what owning a home means to them, and how they perceive having a … (16 comments)
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financial: Seller or Buyer: The Clock Is Ticking - 07/11/08 08:43 AM
By Ron Barnes
President - Pickens County Board of Realtors
My last article encouraged buyers and sellers to be aggressive in the real estate marketing process. The message was "lower the price of your home, make a corresponding lower offer when you find the home you like, and save money on … (2 comments)
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financial: Top 7 Things NOT To Do (The 7 Deadly Credit Sins) - 07/11/08 01:37 AM
Top 7 Things NOT To Do (The 7 Deadly Credit Sins) 1. Do NOT attempt to repair your credit without being properly informed. You need to do your research before attempting to repair your credit file or you may do more harm than good. 2. Do NOT file bankruptcy until … (0 comments)
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financial: Sample Cease & Desist letter - 07/11/08 01:23 AM
Sample Cease & Desist letter
(Send certified mail, return receipt requested)
Date:
From: (you: name and address)
To: (the original creditor and or the collection agency: name and address)
RE: (account name and number)
Dear______,
This Letter will serve as your … (0 comments)
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financial: Thinking About Buying Your First Home? - 07/10/08 06:31 PM
With interest rates low, many renters are starting to think about purchasing a home of their own. While simple rental cost vs. mortgage cost comparisons can be very attractive, buying a home is a serious commitment, and there are many factors to consider:
How long you plan to live in the … (4 comments)
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financial: Daily Market Update - 07/08/08 05:25 PM
… (0 comments)
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financial: YOUR TICKET TO FREEDOM! - 07/07/08 10:10 PM
YOUR TICKET TO FREEDOM!
Are you eager to achieve FINANCIAL FREEDOM? The solution...one of the BIGGEST, BADDEST Training Event weekends to date! You have NINE-yes nine-opportunities, NEXT WEEKEND, to partake in this informative and motivating workshop! Join like-minded individuals, as YOU embark on a journey towards reaching the "AMERICAN DREAM." … (1 comments)
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financial: News comment opened my eyes to how important Your Agent can be! - 07/06/08 04:21 PM
I watched a financial expert on tv, while waiting for my wife to get ready for church, who stated that the only factor keeping our strong economy from recovery is the "lagging real estate market" and I was absolutely dumbfounded. The whole economy, banking, manufacturing, transportation, commodities, and all the others … (5 comments)
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financial: DOWNTOWN DC ENJOYS HEALTHY ECONOMY DESPITE NATIONAL RECESSION - 06/30/08 04:19 PM
The Downtown DC Business Improvement District (BID) recently released its 2007 State of Downtown Report, which shows that the Downtown BID area's economy has remained surprisingly robust in the midst of international and national economic and financial hardships.
During 2007, visitors in the Downtown BID area hit an all time high … (0 comments)
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financial: Investing in Real Estate - Learnings From a Master - 06/30/08 03:43 PM
We just had our quarterly membership meeting for the Southern California Chapter of CRS (Council of Residential Specialists) in Santa Barbara on Friday, June 27. These meetings are always a good source of networking and earning from others, and sometime picking up or giving away a referral.
The educational focus of … (10 comments)
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financial: What Happened to My Retirement? - 06/19/08 01:39 PM
‘These are supposed to be my golden years. My days should consist of leisurely activities of my choosing not preparations for a second career.' Sound familiar? Unfortunately, this scenario has reached epidemic proportions among retirees and soon-to-be-retired baby boomers. What happened to my retirement?
Let's begin with the obvious: defined-benefit retirement … (0 comments)
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financial: FORECLOSURE IS AN AVOIDABLE OPTION - 06/12/08 09:33 PM
It's no secret that millions of homeowners across the country are facing the possible loss of their homes. We read headlines every day decrying the woes of the housing industry. Well, people, I have to say this: this is not a housing crisis, it's a human crisis. These are real people … (5 comments)
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financial: Optimism Plunges Among Small Business Owners - 06/12/08 07:07 PM
Small business owners are the heartbeat of the nation. And they are not happy. In fact, they are worried...worried sick.
Small business owners' optimism has dropped off the table according to a survey from Wells Fargo Bank. The optimism index - the sum of current and future expectations in six areas … (11 comments)
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financial: Thomas Lee Pike Blog - 06/10/08 04:22 PM
Check Out links below!!! Have fun!!
My Government Action http://www.corp.ca.gov/ENF/pdf/2008/PikeConsulting-dr.pdfhttps://www.secure.psc.state.pa.us/releases/Members/index.cfm?page=ReleaseDetail&id=864&ReleaseType=1&ReleaseDate=&ReleaseYear=&Desc=Thomas%20Pike&Rescind=&CFID=50540&CFTOKEN=75e72df99dd04143-3684ADD6-2B3A-77E0-88F2D5F32EAB88F9&jsessionid=80301684771212095442390
My Suspended Pike Investment Companyhttp://kepler.sos.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2674532http://kepler.sos.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2712162http://kepler.sos.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C3055632
My Rip-off Reportshttp://www.ripoffreport.com/reports/0/334/RipOff0334458.htmhttp://www.ripoffreport.com/reports/0/331/RipOff0331236.htmhttp://www.ripoffreport.com/reports/0/328/RipOff0328954.htm My Current License Status as NBAhttp://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01519457http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01520943http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01520949http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01387527My Legal Troubleshttps://services.saccourt.com/indexsearchnew/CVFLPRPersonList.aspx?SearchValues=CV||thomas%20pike|01/01/2000|12/31/2008|Name|Asc|http://www.supreme.state.az.us/publicaccess/notification/search.asp
… (3 comments)
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financial: One for the Money, Two for the Show.. - 06/05/08 11:33 PM
This is an open letter to Buyers. If you are looking for foreclosures or REOs (bank owned real estate) in Palos Verdes or the South Bay, here are some ideas to help you...
One for the Money -You must have your finances ready. The Bank-Seller has already experienced shaky finances … (1 comments)
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financial: Financial Planning and Your Second Home - 06/04/08 11:54 PM
I started a series recently on financial planning as it pertains to real estate purchases.
We talked about financial planning in general, keeping in mind our overall financial goals as we consider our real estate purchase. My friend Paul Paroti, a financial planner, shared his wisdom with me regarding making these … (2 comments)
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financial: Warmest Welcome to Brenda Miller - 06/04/08 01:46 PM
Please Join Me In Welcoming A New Member (as of 6/4/08) To ACTIVE RAIN
Brenda is an amazing and caring person with an abundant amount of knowledge in her field. I think she will fit in great to the Active Rain Community and be able to share useful tips … (10 comments)
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financial: Short Sales--- How to make it less painful - 06/01/08 02:45 PM
Whnat is a short sale? Wikpedia defines it as "In real estate, a short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship on the part of the mortgagor. The home owner/debtor sells the mortgaged property for less than the outstanding … (0 comments)
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financial: A Financial Planning Guide to Down Payments - 05/27/08 10:35 PM
I recently wrote about the importance of considering your overall financial status and goals when making a Carlsbad home purchase. It’s a big decision and there can be huge financial implications, both in the near term and down the road.
Most buyers, unless they qualify for 100% financing or obtain gift … (13 comments)
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financial: Buying In A Slump – Is It Time To Make Your Move? - 05/26/08 09:23 PM
If you listen to financial lore, they say you should buy when the market is down like it is today because you get more of a bargain.
Is it time to buy? More and more sellers are throwing in the towel and slashing their asking price. This could be your opportunity. … (0 comments)
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financial: Good Morning America: On TurboTax vs Accountants - 05/24/08 11:56 AM
To see which method gives tax filers the "biggest bang for the buck", ABC's Good Morning America recently compared three popular tax preparation services:
TurboTax
H & R Block
Personal accountant
In declaring TurboTax the "winner", the 4-minute video glossed over several important tax-related items.
The first is that true … (0 comments)
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financial: Don't get 'Fooled' by Home Improvement Scams - 05/20/08 08:22 PM
This article was in my SRES materials and I wanted to share it with EVERYONE. It really doesn't matter that it is from over a month ago - I feel that it still applies and is very important.
-----------------------------
RISMEDIA, March 27, 2008-”April Fool’s!” Many people have heard that oh-so-familiar saying … (4 comments)
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financial: This is the GREATEST time in US HISTORY...for Real Estate and boy am I finding out. - 05/09/08 09:48 AM
You know what I LOVE about life and what I do for a living as a Broker/Realtor and now Investor? Tomorrow is always good to look forward to; seriously..........every day; sometimes every moment of every day is different. You can count on it as well as counting on the weather to … (0 comments)
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financial: Real Estate Term : Negative Amortization Home Loan - 05/05/08 05:53 PM
(Pronounced: NEGH-ah-tive am-ohr-tih-ZAY-shun)
Negative amortization is the process by which a loan's principal balance increases on a month-over-month basis.
This is in contrast to a "typical" amortization schedule in which the principal balance decreases.
Negative amortization is an optional feature on some home loans.
These mortgages are usually referred to … (0 comments)
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financial: What Does It Mean To "Escrow" Taxes And Insurance? - 05/05/08 05:52 PM
As a homeowner, your financial obligations extend beyond your monthly mortgage payment. Periodically, you are also required to pay real estate taxes and homeowner's insurance premiums.
Each month, you pay your mortgage payment to a company called a "mortgage servicer" (because they "service" your mortgage each month).
In addition to … (0 comments)
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financial: 5 Reasons to use a Buyers agent - 05/04/08 05:12 PM
Real estate transactions come with risks, competition, and expenses. With your financial and family future on the line, there are five reasons to use a buyer's agent in order to give you a fighting chance.
The buyer's agent is a realtor that has gone through special training with the National Board of … (0 comments)
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financial: Recommended Real Estate Reading List - Part II - 05/03/08 03:17 PM
Here is the most recent reading list recommended by MREIA for Real Estate Entrepreneurs or any Entrepreneur who has a passion or a thirst for knowledge. It is an updated list from yesterdays Bob's Blog.
Click HERE and Enjoy!
… (0 comments)
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financial: Foreclosures Causing More Divorces? - 04/30/08 12:23 AM
Foreclosures Causing More Divorces?
The financial pressure that comes with an escalating house payment or a foreclosure may indeed be playing a role in breaking up marriages, experts say.
Historically, the three most likely reasons for foreclosure problems are: loss of job, loss of health and loss of spouse. On top of that, … (9 comments)
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financial: Financial Planning and Your Carlsbad Home Purchase - 04/29/08 10:57 PM
Buying a Carlsbad home these days is a huge expense and a major financial decision for most people.
Is YOUR home purchase part of an overall financial plan or do you view it as an isolated decision? Or have you not even thought about having a long term financial … (5 comments)
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financial: HANG IN THERE, BULLS!... - 04/28/08 08:39 AM
Believe it or not, the market last week held all the ground it gained in the previous week's huge rally and even ticked up a bit more. The fact that Nervous Nellies didn't sell off and take their profits could mean we're seeing investors show a little more confidence about the … (2 comments)
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financial: Are We The new Educators For Gen Y as Realtors? - 04/28/08 08:16 AM
I saw an article on MSN this week end and it was an arcticle about Generation Y and how they are the most educated generation and yet they are also the generation that is broke. The arcticle stated that 85% of Gen Y has a high school education and 27% has … (2 comments)
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financial: Arming Yourself During a Mortgag and Real Estate Downturn - 04/24/08 01:08 PM
Preparing for a economic slump will ensure you and your family come out on top. As news about the collapsing economy is disseminated throughout the nation, many consumers begin to take the necessary precautions to ensure they aren't left in the dust. Keeping your assets and investments in line throughout the remainder … (0 comments)
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financial: Finally, A Cash Benefit Program for Realtors Available Anywhere in the World - 04/24/08 07:41 AM
One of the most common problems we face in the insurance industry is being able to offer our clients quality benefits at a reasonable price. We often find our clients not adequately insured because of the high cost of certain plans. Trying to protect a client from a catastrophic or disabling … (0 comments)
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financial: ForexGen Announce Decreasing The Min. Deposit - 04/23/08 08:51 AM
ForexGen Announce Decreasing The Min. Deposit ForexGen Announce the decreasing of the minimum deposit in the pro Account to be $ 1'000 instead of $ 5'000, so now the pro account with ForexGen: Min. Deposit: -------- $1'000 only Leverage: 100:1 Fixed 1 Pip spreads on the following pairs: EURUSD, USDJPY, … (0 comments)
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financial: ForexGen Announce Opening England Branch - 04/23/08 08:38 AM
ForexGen Announce Opening England Branch
ForexGen Announce Opening England Branch
ForexGen LLC offers the retail trader/investor, corporation, money manager and hedge fund a complete e-commerce solution for trading margined foreign currency in the interbank market.
ForexGen LLC provides real-time margin monitoring capability in our unique, easy-to-read … (0 comments)
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financial: ForexGen Regulation Information - 04/23/08 08:34 AM
ForexGen Regulation Information
ForexGen LLC is fully complying with all applicable international laws and all financial regulations and procedures governing its industry in order to sustain the security standards in the financial services world. This is the reason why our customers have to provide us with identifying documentation … (0 comments)
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financial: ForexGen To Go East - 04/23/08 08:26 AM
ForexGen To Go East<!--[if !supportLists]--> <!--[endif]-->ForexGen has announced that China and the Far East is on its top priority
A reliable source announced that many Liquidity Providers World Wide chooses ForexGen for its potential growing business, reliability and security, which also has been confirmed by many traders dealing with ForexGen.
… (0 comments)
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financial: Gold traders are the winners on ForexGen Hall of Fame list - 04/23/08 08:22 AM
Gold traders are the winners on ForexGen Hall of Fame list ForexGen
In the last 4 years ForexGen raised as a new market power in Forex market and among major market investors
Recently some announcements have been made stating that Gold traders are the winners on ForexGen Hall of Fame … (0 comments)
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financial: Why ForexGen - 04/23/08 08:17 AM
Why ForexGen
Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries. ForexGen offers Forex trading in the major currency pairs; crosses and CFDs. Low capital … (0 comments)
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financial: About ForexGen - 04/23/08 08:13 AM
About ForexGen ForexGen LTD is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.ForexGen LTD provides a unique online trading experience based on our intelligent online Forex trading package, the … (0 comments)
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financial: Why ForexGen Can Offer Better Trade Execution - 04/23/08 07:39 AM
Why ForexGen Can Offer Better Trade Execution
Our size and financial strength means better execution for our clients. Because the Forex market is an over the counter market with no centralised exchange, not everyone receives access to the same prices or quality of execution. The worlds largest banks tend … (0 comments)
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financial: Introducing Broker With ForexGen - 04/23/08 07:35 AM
Introducing Broker With ForexGen www.ForexGen.com Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.
WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?
Providing the most huge income sharing plan Providing several ways for our IB's … (0 comments)
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financial: White Label Partner With ForexGen - 04/23/08 07:27 AM
White Label Partner With ForexGen
WHAT are the advantages of being a WHITE LABEL PARTNER with ForexGen?
A Qualified and familiar online trading platform branded under each company name!
Streamline dealing with no request for quote for up to 200 lots (20 million).
Our online trading platform … (0 comments)
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financial: What is More Important in Forex than Making Money? - 04/23/08 07:14 AM
What is More Important in Forex than Making Money?
I haven't been able to make any progress monetarily in about a month. I'm up about 4% this month but breaking my account balance all-time high has been a struggle. I'm pretty much stuck where I was around this … (0 comments)
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financial: Quality Dealing Services - 04/23/08 07:04 AM
Quality Dealing Services As a Forex trader, you don’t want your hard work to be undermined by substandard dealing desk staff. The ForexGen team of experienced dealers is dedicated to ensuring that your trades are executed in the most timely and accurate manner possible. Unlike some other Forex brokers, we … (0 comments)
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financial: Trade for a Living with ForexGen - 04/23/08 06:59 AM
Trade for a Living with ForexGen
So you Want To Trade for a Living
I always enjoy Brett's books on trading psychology. While impressed by his ongoing sharing about this important subject, I emailed him recently to request an article for aspiring traders who want to trade for a … (0 comments)
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financial: What Drove the US Dollar to a Record Low - 04/23/08 06:36 AM
What Drove the US Dollar to a Record Low Those who may have hoped for a recovery in the US dollar have been sorely disappointed. The greenback hit a record low against the Euro and it will just be a matter of time before the EUR/USD hits 1.60. Before you … (0 comments)
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financial: World Currency Watch - 04/23/08 06:30 AM
World Currency Watch The ECB's and BOE's rate decisions puts more wind to the back of EUR/GBP!
The Eurozone and the U.K. economies continue to diverge.
For years and years, these two economies followed each other up and down in "lock step". Then the credit/sub-prime crisis hit. … (0 comments)
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financial: Automated Forex Trading - More Trades - 04/23/08 06:24 AM
Automated Forex Trading - More Trades
This article is part of my ongoing evaluation of ForexGen’s Forex System Selector, a web based automated trading tool that allows the user to select one or more trading systems, and have them automatically traded against an account.
This is running against … (0 comments)
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financial: Developing a Forex Strategy with ForexGen - 04/23/08 06:11 AM
Developing a Forex Strategy with ForexGen
A fool-proof trading strategy can help you gain profit from day one in the Forex market. If you spend some time to study the market you will find some price patterns that recur consistently.
You can substantiate your observations with charts or graphs … (0 comments)
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financial: Co Signing for a Mortgage, The Possible Implications - 04/22/08 01:13 PM
As mortgage lenders limit how much money they will lend and to whom, co-signing home loans is growing in popularity. "Co-signing" a home loan is when a third-party -- usually a parent or relative -- promises to make repayments to the bank in the event that the borrower falls behind on his … (0 comments)
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financial: Why REcycle When You Can FREEcycle? - 04/21/08 01:46 AM
Springtime is not the only "green" thing in town! It seems like everyone is jumping on the environmental wagon. Some people would like to join in this movement, but they aren't sure what they can do.
We have become a disposable society. Our landfills are filling up at astronomical rates. … (5 comments)
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financial: When the Going gets tough, the tough get GOING! - 04/16/08 10:09 AM
This past winter was brutal to most of all of us but one thing is for sure. That is nothings for sure and the thing we can count on is that we still have our continued education to fall back on. Some of us are college graduates some are not but … (3 comments)
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financial: Are You Financially Smarter Than a 12th Grader - 04/11/08 01:06 PM
Every two years, the Jump$tart Coalition issues a "personal finance" exam to high school seniors.
The test highlights the importance of personal financial literacy among America's youth and comes at an especially important juncture.
Many experts -- including Fed Chairman Ben Bernanke -- believe that basic financial knowledge is essential for (and lacking … (0 comments)
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financial: Still a Great Time to Buy in Charlotte - 04/03/08 03:47 PM
The population of Charlotte has been growing tremendously over the past decade. As fate would have it, our growth has stemmed primarily as a result of highly skilled and educated persons seeking employment or further education at one of our many "cream of the crop" firms and institutions. In this phenomenon … (7 comments)
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financial: Simple Steps to becoming a Millionaire - 04/02/08 03:32 PM
Develop written financial plan goals-putting the pen to paper some how makes it more real, and having a plan to work with right from the start will get you going in the right direction. Come up with a workable plan you can put into action and making changes as you evolve … (2 comments)
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financial: BULLS AND BEARS IN A TUG OF WAR... - 04/01/08 08:00 AM
First the bulls scored big. Then the bears came back to claim their porridge. The week began strongly on news that JPMorgan Chase was raising its buyout bid for troubled Bear Stearns from $2 to $10 per share. The resultant market rally was further fueled by better than expected earnings from … (0 comments)
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financial: READ US THE TEA LEAVES, BEN... - 04/01/08 07:57 AM
Big event for the week will come Wednesday when Fed Chairman Ben Bernanke prognosticates on the economy before Congress's Joint Economic Committee.Friday we get the March employment report. Leading up to that, we'll have Tuesday's ISM Index read on manufacturing followed by Thursday's ISM Services Index. Retail giant Best Buy will share … (0 comments)
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financial: Olga's foreclosure has a happy ending - 04/01/08 12:00 AM
At least it was a happy ending for the buyer of her home who I met the other day. He paid $404,500 including the 5% buyer's fee at the Real Estate Disposition Corporation's last public auction.
The interesting part of the story is one of my first conversations with Olga in … (3 comments)
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financial: Why You Should Never Have A Debit Card - 03/28/08 12:23 PM
Debit cards have become a very popular way to pay for everything from fast food to rental cars. The Federal Reserve reports that debit card transactions have been growing more than 20 percent annually and have surpassed credit card transactions. The appeal is understandable. Debit cards are quick and easy to … (0 comments)
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financial: It's Getting Better all the Time - 03/27/08 09:52 AM
On it's inaugural list of the best cities to live, Fortune Small Business ranked Charlotte, NC #8. This number is not perfectly accurate (we all know it is #1!), but this is a welcome accolade none the less. FSB researched towns that enjoy healthy business environments and alluring leisure offerings, then … (4 comments)
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financial: Lehigh Valley Medical, Professional, Office - New Construction - Condominiums - 03/22/08 06:48 PM
55,000 sq/feet of professional office space in the Lehigh Valley.
Ground Breaking started 02/27/08. Pre-construction Prices and a $30 sq/ft fit-out allowance!
For SALE OR LEASE. Prices starting at $200 sq/ft - (Purchase). Medical Professionals and Business Owners have asked . . . and we've listened: Airport Commons provides a unique … (0 comments)
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financial: Bear Stearns and the Free Market - 03/19/08 06:38 PM
The recent government-sponsored bailout of Bear Stearns, one of the top five lenders in the United States, has shocked traders and left investors cold. Despite the chilly reaction on Wall Street, secretly many are breathing a sigh of relief. While Bear Stearns was mismanaged from its upper echelons, its subprime exposure … (2 comments)
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financial: Bear Stearns from 20 Billion to 236 Million and Beyond - 03/17/08 07:47 PM
What a difference a year makes. Last year at this time Bear Stearns had a high flying stock price of $150 a share and a market valuation of 20 Billion. Having been founded in 1923 they were considered one of Wall Streets most venerable investment houses.
Going back to 2005 … (2 comments)
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financial: A Lot of Blarney or Just Plain Old B.S. - 03/15/08 01:58 PM
October 26, 2005, the entire scientific community was set aghast by the news, Yodar Hoopelhoffer, the Mount Perry town idiot, had invented the worlds first “Blarneyscope”. With the device, Yodar is rumored to be able to separate the Straight Poop from Pure Balderdash by merely shining light from his Blarneyscope … (4 comments)
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financial: Eat, Drink & Be Merry While You Can - 03/13/08 12:01 PM
The American Bakers Association has drawn attention lately by marching on Washington. What they are reporting is another scary situation. The price of a bushel of wheat went from $4.71 in February of 2007 to $10.40 this year. That’s a 220% increase.
It’s another supply and demand issue where … (4 comments)
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financial: I'm Not a Marriage Counselor!!! - 03/13/08 08:31 AM
Has anyone ever said one of these or thought one of these while working with a client?
Im not a/an:
ElectricianHome InspectorPlumberContractorArchitectEngineerAccountantFinancial PlannerAttorneyMortgage LenderInvestment AnalystAnd most of all, I'm not a marriage counselor
I am a Real Estate Professional only. If you have any questions regarding that, I would be more than happy to … (7 comments)
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financial: WAITIN' ON THE CPI... - 03/10/08 08:14 AM
The Consumer Price Index, a biggie inflation indicator, won't come into the mix until Friday. But we will have those closely monitored Retail Sales figures come Thursday morning. During the week, there will also be a number of retailers reporting earnings to further fill in the picture. Also Thursday morning, we'll … (2 comments)
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financial: Wondering why rates are all over the place? It's called "Deleveraging" - 03/06/08 07:59 PM
In the past 10 years, total mortgage balances (1995 to 2004 and 2004-2007 see section L.217) in the United States balooned from $5.128 trillion in 1997 to $14.557 in 2007.
That's an increase of over 250%!
Where did all that money come from? In that time, the economy didn't grow by nearly … (1 comments)
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financial: Who wants to close 3 more deals a month? - 03/05/08 11:33 AM
My name is Nikki Harris and I work for RMCN Credit Services. We work on getting your clients credit score to a place where they can qualify for the loan they need. I was a mortgage loan officer in Dallas and referred many of my clients here before I ever came … (4 comments)
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financial: ~ Saddle Up ~ - 03/02/08 04:42 PM
"Crude oil is the world's most actively traded commodity, and the NYMEX Division light, sweet crude oil futures contract is the world's most liquid forum for crude oil trading, as well as the world's largest-volume futures contract trading on a physical commodity.
From the NYMEX website... “The contract trades in … (6 comments)
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financial: What does the bottom of the San Diego Market look like? - 03/01/08 11:46 AM
San Diego Real Estate Market Update
You can buy a Nice house (3/1) on a nice lot with a view in a nice safe working class neighborhood for $300,000 at about $2,200 per month without a down payment, fixed for 30 years. A total income of … (3 comments)
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financial: Power of Attorney--website - 02/29/08 02:55 PM
I have had many calls lately on Power of Attorney. I travel to homes to noratize the document and make it easy for those elderly people that can't drive or get around as easy. I also have been asked about where to get the forms. Office Depot, Office Max, any office … (0 comments)
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financial: Sociological Cycles ~ The New Golden Age, A Review - 02/28/08 09:48 AM
A review of The New Golden Age: The Coming Revolution Against Political Corruption and Economic Chaos by Ravi Batra.
In this book, Batra explains how the economic chaos and political corruption will continue to escalate and worsen over the next few years until the working class rise up like … (7 comments)
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financial: The Dollar - 02/27/08 02:09 PM
Bernanke seems to be more comfortable fielding questions from members of Congress. He seems to have overcome his initial nervousness in answering questions and I thought that he did an exceptional job today.
Ron Paul’s comments didn’t go unnoticed with the Chicago stockbrokers and they applauded his questions. Ron Paul … (26 comments)
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financial: Tips for Avoiding Foreclosure - 02/25/08 02:15 PM
Being in the foreclosure capital of America, I thought the following tips might come in useful for people in San Joaquin, Stanislaus and Merced Counties.
Here are some tips for avoiding foreclosure:
If you are unable to make your mortgage payment, don't ignore the problem. The further behind you become, the harder … (0 comments)
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financial: ALL markets are not equal! Go Searcy, Arkansas 72143 - 02/25/08 10:46 AM
BUY a home or not to buy is the question? There is a lot of negativity in the media about how bad the real estate market is. Acording to NAR Chief Economist, Mr. Lawrence Yun, nearly half of the Country experienced a price increase.
While everyone is pointing fingers on who's fault it … (2 comments)
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financial: $15k Home Owner Tax Credit for Vacant and Foreclosure Homes - 02/22/08 01:35 PM
I had the opportunity to listen to Congressman Isakson yesterday at the Women's Council of Realtors in Atlanta and immediately wanted to pass this along. Please contact your representatives if you support this legislation for the tax credit. Here is the link to the floor statement that you may wish to visit: … (4 comments)
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financial: Russian SWF Buying Fannie Mae & Mac's Debt - 02/21/08 05:20 PM
Russia wants to broaden its holdings and bolster returns by buying Fannie Mae and Freddie Mac debts and other countries’ securities. See Guardian Article
Arkady Dvorkovich, Russia’s Chief Economic Advisor, says that Russia's new sovereign wealth fund and private Russian investors can help stabilize volatile world markets,
Russia 'can … (13 comments)
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financial: The Economic High Wire Act! - 02/13/08 03:13 PM
Hello from Cedar Rapids, Iowa. Welcome to the IowaMortgageGuy Blog! Glad to have you as a guest and hope to see you back again soon. Hope you find the information useful and informative.
It takes a lot of effort to keep our countries financial system balanced. Have you ever wondered how some … (0 comments)
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financial: Is It Necessary for the Government to Subsidize Mortgages? - 02/10/08 12:49 PM
THE REAL PROBLEM IS THE ECONOMY, BUT, MOST OF ALL, THE HOUSING MARKET, STUPID!!
Many articles are being written stating that the stimulus package may have the “unintended” consequence of raising mortgage rates. Let's get it over with and move forward... this is slow torture.
Higher mortgage rates would make it … (21 comments)
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financial: The gift...a full circle moment for me - 02/08/08 02:25 PM
I've been working really hard on a new addition to my business. In essence I've very excited to help Realtors and builder implement their own personal in house lender.
I traveled last week to Wilmington, NC and met with a very energetic real estate owner there. We clicked hit it off and … (1 comments)
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financial: Are We Going to Have to "Pay The Piper"? - 02/08/08 10:33 AM
The last time I looked, America is still a free market society. Markets are created where buyers and sellers can come together, bargain on a price, and make the sell or buy on agreed price.
One argument that we have today is about securitization… whether it’s a healthy process … (0 comments)
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financial: The Consumption Bubble - 02/01/08 12:59 PM
We, as a society, have turned into risk-taking fools… and the biggest risk of all may be the use of the credit card. The banks are reporting that the credit card mess may be worse than the sub-prime mess. I'm calling this time in our history "The Consumption Bubble". This … (7 comments)
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financial: How to Get the Most out of your Personal Property Taxes in 2008 - 02/01/08 12:18 PM
FINANCIAL TIDBITS
Feature Article: How to Get the Most out of your Personal Property Taxes in 2008
Can you believe it we are already 30 days into the 2008 Calendar Year! I often say to my husband, "Remember just yesterday when the school year seemed to last forever? When summertime seemed to last … (0 comments)
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financial: A Great Way to Save - 01/30/08 03:22 PM
Some people are just lousy at saving money, and a house is an automatic savings account. You accumulate savings in two ways. Every month, a portion of your payment goes toward the principal. Admittedly, in the early years of the mortgage, this is not much. Over time, however, it accelerates.
Second, … (3 comments)
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