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Archive for May, 2015

Is It Time To Downsize Mortgage Debt?

Is It Time To Downsize Mortgage Debt?

Question: We want to buy a first home. We have a joint income of $80,000 a year and no debts of any kind. A loan officer says with $25,000 for the down payment and closing costs we could get a $250,000 mortgage. We have the cash but our problem is the monthly cost: $2,000 — […]

Posted in: News
Real Estate: The $100 Million House Is Here

Real Estate: The $100 Million House Is Here

Homes selling for $100 million or more hardly seem real. Isn’t $100 million the type of number usually associated with a missile defense program or the national debt of a small UN member? And yet they’re here. According to the latest luxury homes report from Christie’s International Real Estate, “more properties than ever were both […]

Posted in: News