Mortgage and Real Estate Blog
Gold (symbol: GLD) is once again my target for the next week or so...if we can hold the 119 level with a close on strong volume I will stay long the GLD calls 19JUN10 115 C. Once we reach the $122-$124 I will look to exit the trade or, depending upon how much time we have left with the June options, add to the position and protect it with at the money puts - ... if you are trading - tell us what you are looking at... … [Read more...]
Rehabilitation Financing What if you found the ideal location for your home, but no available properties were in the condition you wanted? What if you saw a great deal on a bank foreclosure, however you could not get a loan on it because the house needed repairs? What if you wanted to upgrade the current home you are living in but didn't have the cash to do it? Well there is a solution for you... With a 203k rehab loan you can buy just about any property and rehab it the … [Read more...]
I’ve never thought owning stock in the majority of companies is worth it. I thought this way before the market turned sour, and I still feel this way…lets look at why this may be how you should feel as well. If you invest money by buying a company’s stock, what do you get? Well, that depends on who you ask; if you ask the stock broker who is trying to sell it to you, you get the potential for growth. In fact, our whole stock market wants you to think you will receive … [Read more...]
Time to take some profit off the table - It is time to cover the SPY puts – I will do this today after we watch the market a bit. I know with this much selling pressure we could end up going lower, but I am more than satisfied with the current profit on the SPY 22MAY10 119 puts; besides today is the day they expire and I do not want to own them as a short. I’m also going to cover the Gold (GLD) puts and look to buy June calls at this level. I see major support for GLD just … [Read more...]
Is it time to invest in real estate? I hear this question a lot. The question really comes from fear; fear from the unknown. A few years ago, just about everyone was a real estate investor and very few “feared” putting their hard earned money into real estate. Now, just a few years later, real estate has become the vehicle that has brought fear, and in some cases, significant loss to many real estate investors. When you invest time, talent and money into something you … [Read more...]
Are you showing pictures of property for sale on your site that seem to just lay there? Does your site have the look and feel of just about every other real estate site on the market? Have you dreamed … [Read More...]
How is your lifestyle these days? Looking for a fresh new look for your website? With the Lifestyle Theme for your Word Press site designed with you in mind, you have your choice of colors and layouts … [Read More...]
Apple iPad 2 Smart Cover/Case Compatible and Stand Rotating 360 Light Black Leather Swivel 
Apple iPad 2 Smart Cover/Case Compatible and Stand Rotating 360 Light Blue Leather Swivel 
Apple iPad 2 Case Compatible Pink Cartoon Smart Cover Graffiti Magnetic with Stand – *CUTE* 
The mortgage business has had, to put it mildly, a few changes in the way home loans are approved. Credit score requirements, regulatory changes and countless other mortgage rules have been … [More]
If you have not attended Agent Reboot, the one-day conference sponsored by Inman News, I highly suggest you do so next time it comes to your neck of the woods. I attended a few weeks ago in Orange … [More]
Choosing the right 203k contractor is scary for most people. Add an FHA 203k loan into the mix, along with lender contractor requirements, and it’s downright confusing. When I was originating … [More]
When I tell people I meet for the first time that I am a mortgage broker, often their next question is “So, are the banks even lending to anyone these days?” I always counter with, “Yes, but … [More]
Last week, Senators David Vitter and Jon Tester from the Senate Committee on Banking, Housing, and Urban Affairs sent a letter to Ben Bernanke, Chairman of the Federal Reserve System. In the letter, … [More]
