Mark May's (bourdeau) Blog

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Mortgage and Lending - Bourdeau Financial Inc.
RECENT BLOG POSTS
There are many situations in which property owners choose to use a property manager to manage their rental inventory. One is that the property owner does not have any experience in managing rental properties. Another is that the owner may not be familiar with the laws of the district where the pr...
11/03/2007
Selling your house privately is a big commitment to make and will require the investment of a lot of time and effort if you are to be successful. If you forgo the services of an estate agent and decide sell your house by yourself then you must be aware that you will have sole responsibility for c...
11/03/2007
In recent years the IRS has increased its filing of levies, liens and wage garnishments. In fact, in 2004 alone, approximately 2.5 million levies were filed.The experts at JK Harris & Co., one of the nation's largest tax resolution firms, offer this list of common ways people get into trouble wit...
11/03/2007
Taxes are your biggest expense in your lifetime, so choose your source of income wisely! Real estate has some of the BEST TAX BREAKS of any investment in America!The more you earn through your job, the more you get taxed, and the system is setup that way to punish hard workers and reward investor...
11/03/2007
Petition for "NO to HR3915"I know you have probably seen this but just in case... The U.S. House Committee on Financial Services is considering Bill H.R. 3915 as a response to the housing crisis. One of its two main provisions is to prohibit brokers from earning even disclosed YSP.   Already brok...
11/03/2007
Mortgage equity withdrawal took off during the house-pricing boom between 2000 and 2001. It doubled the following year and again over the following year. Where the property is already mortgaged then a remortgage is to tool used to release that equity via a mortgage product. However, the end of do...
11/03/2007
Typically a person's largest investment is their home. Although the mortgage payment on your home may have seemed affordable at one time, sometimes utility bills, excessive lifestyles and even uncontrollable circumstances can drastically alter your financial situation to a point where your house ...
11/03/2007
When considering what mortgage product is the best type of loan for you, There are two primary loan types and variations. Each primary type will have a different interest rate. A fixed rate home loanis just that. The home interest rate is fixed for the term of the loan. If it is a 15 year term or...
11/03/2007
Jacob Milton, 41, Port Washington, New York, director and business manager of Griffin Mortgage Company, with offices in Jackson Heights, Jamaica and Garden City, New York, was arrested for his alleged role in a multi-million dollar mortgage and identity theft scam in Queens and Long Island, accor...
10/26/2007
  A few markets around the country remain financially sound and are even poised to bounce back, thanks to responsible investment and new business. These cities include: Dallas-Fort Worth, Indianapolis, New Orleans, Atlanta, and Montgomery. Hopefully others will soon follow. While it will take awh...
10/26/2007
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