by Phyllis Rockower | Aug 13, 2014 | Uncategorized
The nation’s central bank controls short-term rates and has held them near zero since the end of 2008 to support the financial system and economy. Mortgage rates are a function to the 10 year Treasury bond rate.It...
by Phyllis Rockower | Aug 11, 2014 | Uncategorized
Nothing down does not always mean no cash to the seller. Here are 12 creative ways to buy for cash with no cash out of your pocket. 1. Find the deal, tie it up with a contract containing a weasel clause and assign your rights under contract to another investor for...
by Phyllis Rockower | Aug 10, 2014 | Uncategorized
Good news for tenants who do. There is a new service that allows your rent payment data to be shared with credit companies. This is good for tenants who want to build credit so they can buy a home. The way it works is that Rent Track collects the payments...
by Phyllis Rockower | Aug 8, 2014 | Uncategorized
HELOC loans coming due According to Transunion, as of last December there were 15.9 million U.S. consumers with $474 billion in such debt. The analysis ultimately determined that between 11 and 19 percent of HELOC balances might be at risk. This means that about $79...
by Phyllis Rockower | Aug 3, 2014 | Uncategorized
Foreigners love our houses, They account for 7% of all home buying .Some are buying for their kids, some see it as a smart investment and some just see it as a safe haven, 1/4 o them are Chinese. It’s so prevalent that home builders are tailoring their homes to...