Archive for May, 2008
Monday, May 19th, 2008
At one time, home equity lines of credit, or "HELOCs" were touted by the mortgage industry as the best way to have quick access to cash. It was like having a credit card-you could use your credit line, pay it down, then use it again. And all of the advertising ...
Posted in Foreclosure, Housing Options, Transparency | 1 Comment »
Thursday, May 15th, 2008
It appears that I'm not alone in my opinions about our housing market. In his recent Wall Street Journal article, Cyril Moulle-Berteaux announced that "the housing crisis is over".
Given the worldwide tone of gloom and doom that I referenced in a previous blog, you may be asking yourself if Moulle-Berteaux is ...
Posted in Foreclosure, Real Estate | No Comments »
Friday, May 2nd, 2008
My friend Julie always had the worst luck when it came to real estate. If there was a wrong time to buy or sell a home, she would find it. After some friends bought a condominium, they encouraged her to buy one in the same complex. She paid a little ...
Posted in Housing Options, Mortgage Costs, Real Estate | No Comments »
