The End of Interest-Only Loans?
Wednesday, March 3rd, 2010 Posted in Inside Real Estate | No Comments »Freddie Mac has announced that it will no longer purchase or securitize interest-only loans, effective September 1, 2010. Freddie Mac stated "Our purchases of these mortgages and issuances of guarantees of them, expose us to greater credit risks than do other ...
What Happens If Your Developer Sells Out?
Tuesday, March 2nd, 2010 Posted in Inside Real Estate | No Comments »Do you live in a subdivision with vacant lots? If so, carefully consider what could happen. Here’s how the development business works: When a developer develops lots, he incurs heavy upfront costs to acquire the land and install the infrastructure. Those costs must either ...
Thanks For A Terrific 2009!
Saturday, February 20th, 2010 Posted in Inside Real Estate | No Comments »Thanks to many of you reading this blog, 2009 was my best year in 37+ years of real estate. 75% of my 2009 business came from loyal repeat clients and referrals. 2009 was definitely a challenging market with many transactions requiring unique ...
Boise First Time Buyers ARE The Market!
Thursday, February 18th, 2010 Posted in Inside Real Estate | 1 Comment »With 65% of all Ada County sales under $200,000, it is apparent that first time buyers comprise most of our sales activity. Many of those eager buyers are confused by the apparent abundance of listing inventory. They see thousands of ...
My New Book Has Been Published!
Wednesday, February 17th, 2010 Posted in Inside Real Estate | No Comments »My new book, 101 Real Estate Success Secrets, has been published and it’s already receiving favorable reviews from fellow agents. This book includes best practices I have learned or developed during my 37 years in real estate that allow me to provide ...
