Archive for the ‘Real Estate’ Category
Friday, November 5th, 2010
It really disheartens me to see people go from some of the best kind of debt to have to some of the worst kind, at the worst possible time.
Someone over at Basically Money was planning to do a mortgage refinance from a 30-year fixed-rate at 5% to a 5/1 adjustable ...
Posted in Mortgages, Real Estate | 4 Comments »
Wednesday, October 13th, 2010
I received a whole bunch of books, compliments of Jim Randel and friends, from The Skinny On series.
I've read a few of them, not because I'm a particularly fast reader but because they're super-quick reads. Truth in advertising: it even says so on the spines. The ones I've read so ...
Posted in Book Reviews, Credit, Real Estate | No Comments »
Sunday, October 10th, 2010
I was forwarded an article about a local woman whose bank, Bank of America, foreclosed on the house she and her family lived in only three months after her husband drowned in the river adjoining the property.
Meanwhile, in other parts of Bank of America, foreclosures are being halted all over ...
Posted in Banking, Real Estate | 2 Comments »
Friday, September 3rd, 2010
This post over at Basically Money (now a member of the new family of Stack Exchange sites) asks whether to refinance a mortgage. Here's the question:
I have a 5-year ARM at 4.5% APR. I can renew the rate at 3.25%. However, the cost of is going to be $800. ...
Posted in Banking, Real Estate | No Comments »