by Athena Paquette | Oct 8, 2016 | Blog, Home Owners, Investors, Realtors
A bankruptcy, a near foreclosure, and taxes not paid… a notice that the mortgage payment going up from $2300 to $3700 because the lender is forcing the “catch up”… this is how my first conversation went with my new client. Wow! But there’s more… Loan gets...
by Athena Paquette | Oct 8, 2016 | Blog, Home Owners, Investors, Realtors
What is crowdfunding? Great question. This is where people who don’t know each other, or perhaps they do, invest together for a common goal, and they are mostly doing this on line. For Example… You might have heard of the site or platform called GoFundMe.com, which is...
by Athena Paquette | Sep 25, 2016 | Blog, Home Owners, Investors, Realtors
The bid news was the Federal Reserve meeting The FOMC met again this month to decide whether to raise the prime rate. It looked to some like they might, but in the end more weak data gave them justification to put it off. Almost all experts expect them to raise the...
by Athena Paquette | Sep 25, 2016 | Blog, Home Owners, Investors, Realtors
Client discovers that husband has not made the mortgage payment in 3 months. Lender is about to start foreclosure, and she didn’t know. This was July 2015. Fast forward to July 2016: we finally are ready to refinance, because 12 mortgage payments have been made on...
by Athena Paquette | Sep 25, 2016 | Blog, Home Owners, Investors, Realtors
My cousin just got a loan and said he had to get hard money. What is “hard money”? Hard money is also called private investor money. These are loans that are made by private parties, or investment companies, or even crowd funding sites, to people who cannot get...
by Athena Paquette | Sep 18, 2016 | Blog, Home Owners, Investors, Realtors
Overall it was a quiet week in economic data. August retail sales were down 0.3% t,he August PPI was unchanged, and the weekly jobless claims were up 1000. Collectively that should have helped interest rates come down (bad news is good for rates). The CPI was up...
