As we get deeper and deeper involved in this extreme buyer's market it's time to return to basics, our Grand Father's basics! Probably your Great Grandfathers. I got a call from a nice lady this she need to talk about financing a flip! A tough but doable deal with about a quarter million in profi
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02/24/2009
Many, many people are waiting for low cost 4% mortgages. The unfortunate thing is they are passing up today's great opportunities for this pipe dream. The American Dream and system are being dismantled day by day those that wait may never have a chance again. Every one wants a bigger and better d
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02/24/2009
I have an idea! An epiphany! A Wow moment! In January the reverse mortgage program started allowing people over 62 to purchase a home using a reverse mortgage up to 60% LTV I wrote about it in: Over 62? No Qualifying No Payments Then again in There Is Always More Than One Way / Then And Now . Tod
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02/20/2009
I've been playing with You-Tube the first one I recorded I included the pome "A reluctant investors lament" it when fair. Then the second I recorded one of my blogs, my own words, that when much better. Today I tried just looking at the camera and talking. I knew what I wanted to say, but it was
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02/13/2009
There is no such thing as a mortgage being to low if you're paying it. If you're buying and some one else is paying the discount points! Low cost mortgages stimulate home purchasers and mortgage refinancing. So how can any one be a victim of a low cost mortgage? Because of the law of unintended c
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02/11/2009
I keep telling you that we find what we seek. It's never more true than when dealing with people! Those of us that look for good people find them. Those excepting the worst are seldom disappointed. Seeking good people becomes a lifestyle so much so that even when we're not really looking we find
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02/11/2009
A knowledgeable young friend remarked that he though rates were going to go lower then stabilize for the long term. I have just two questions: "How?" and," Where is the money to come from?" I'm going to ignore the political history of Democratic Presidents, that goes back to the nineteenth centur
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02/10/2009
Barack Loves Me This I Know Yes, Barack loves me! This I know, for the stimulus bill tells me so. Little ones to him belong; They are weak, but he is strong. Yes, Barack loves me! Yes, Barack loves me! Yes, Barack loves me! The stimulus bill tells me so. Yes, Barack loves me! This I know, as
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02/08/2009
If you think we've got troubles today you should have been in the Midwest in 1973! We didn't have any money! Or, in California where they had so much money that they'd loan any amount on any thing and the only qualification was the ability to fog a mirror, more on that another time. I was a young
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02/05/2009
I think it was 1976 when after a class one of the new REALTORS® came up to me and gave me his card, rubber stamped on the back was this short ditty. "No matter weather you rent or buy you pay for the space you occupy!" My student didn't know who wrote it and I've never been able to find out,
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02/04/2009
