All Posts Tagged With: "term"
Controversy Brews Over Latest Obama Mortgage Write-Off Plan
The newest effort by the federal government to shore up the flagging housing market is going to set off a fierce debate. The just-announced FHA Refinance Option is likely to keep a lot of homeowners out of foreclosure. This is important because until the “shadow” inventory of distressed and foreclosed homes is reduced in a [...]
29Mar2010 | Peter G. Miller | 0 comments | Continued
What Is A Mortgage Modification?
A mortgage is actually a contract between a borrower and a lender. The borrower gets cash up front and the lender gets back the loan amount plus interest over time under terms and conditions established in advance. There are times though when either the borrower or the lender will seek a mortgage modification, a change [...]
16Feb2010 | Peter G. Miller | 0 comments | Continued
Why Some Real Estate Still Pays
Across the country retirement dreams are falling with the speed of 401K balances. People are discovering that the easy life they had planned for their “golden days” no longer exists. The issue, of course, is that it takes money to retire. For most people, “money” means funds from IRAs and 401Ks and Social Security — [...]
19Apr2009 | Peter G. Miller | 2 comments | Continued
Is Real Estate Brokerage Ready For Term Licensing?
More than two million people now have realty licenses, a number which raises a question: Does the marketplace really benefit from so many licensees? The debate here is more complex than it may seem. As a society we want minimal entry barriers so that the business of real estate is open to all and also [...]
12Sep2008 | Peter G. Miller | 0 comments | Continued
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