I have had real estate owners in San Mateo County ask me - what is a private money loan? A private money loan is a real estate loan funded by non-institutional sources. Non-institutional sources of private money loans vary. The source could be an individual. Often it is a group of people who have
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10/30/2009
Richard Weisser wrote this interesting article about a new idea on how to fix the real estate market. I wrote an article in November, 2007, that had similar ideas. I don't necessarily agree with incentive tax policy, but I do think making the down payment tax deductible serves two purposes. Fir
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10/23/2009
Are you looking for an estate planning attorney in San Mateo? Harry Pedigo is an estate planning attorney that I have met through our mutual membership in the Burlingame chapter of BNI. Harry Pedigo is a Bay Area native with a global interest. He received a BA degree from San Jose State and a JD
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10/22/2009
Many homeowners and home buyers in California have probably heard of a bridge loan but do not know what it is or who should obtain one. A bridge loan is usually a short-term loan (usually written for three months to three years) that provides funds to buy real estate from a piece of real property
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10/20/2009
Stated income loans are still available in Lake Tahoe. As of October 1, the rules have been changed regarding stated income loans. However, Lake Tahoe has many homes that are either second homes or rental properties. Second homes and rental properties are exempt from the new laws regarding stated
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10/18/2009
In San Bruno on Wednesday October 21st from 6:30 to 8:00, Sylvan Learning Center will be hosting a free seminar about the stress of college test prep. The seminar is called "Test Stress: A Parent's Real Guide to College Test Prep". Is your teenager about to take the SAT/ACT/PSAT/NMSQT or starting
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10/16/2009
I have found that many people that many people do not understand how mortgage rates get locked here in Burlingame, California, and in many other areas. As a mortgage broker, I receive mortgage rates from our lending partners every day (sometimes more than once, but that is a story for another pos
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10/07/2009
Here is an interesting post from Brian Brady about why the first-time homebuyer tax credit should be abolished. I agree with Brian Brady. The first-time homebuyer tax credit may be helping real estate agents, mortgage brokers, and home buyers in the short-term, but long-term it will not help us
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10/06/2009