by Athena Paquette | Oct 2, 2015 | Blog, Home Owners, Investors, Realtors
Client who bought a home in 2005 finally gets to drop their interest rate from 6.5% down to 3.625%, 30 year fixed. This client bought this home in north Torrance on a 0 down in 2005 for $525,000. Property values went down shortly after that, leaving them with a 5 year...
by Athena Paquette | Oct 2, 2015 | Blog, Home Owners, Investors, Realtors
If I am not on the loan, and my husband dies, the bank can take the house away. FALSE! I felt so bad that my client today was so worried about this. A bank cannot “take away” the house or force you to pay the loan back if the borrower or even main wage earner dies. As...
by Athena Paquette | Sep 25, 2015 | Blog, Home Owners, Investors, Realtors
This week was a doozy in the stock market! Normally that helps the bond market, but it had little effect. In the end, it was a seesaw week. We got a final GDP revised number and it now was determined that the GDP grew at 3.9% in the 2nd quarter which was much better...
by Athena Paquette | Sep 25, 2015 | Blog, Home Owners, Investors, Realtors
Veteran who has been trying to refi for 4 months comes to a class for veterans and gets a great rate in 3 weeks! He said that he had been overwhelmed with paperwork by a lender in San Diego. The lender had taken his loan application in June and was still “working on...
by Athena Paquette | Sep 25, 2015 | Blog, Home Owners, Investors, Realtors
FALSE! I have been specializing in teaching real estate investment since 1995 and helping investors build a strong healthy portfolio, and I am of the mindset that assets beget assets. That is, we borrow against cash flowing property to get more cash flowing property....
by Athena Paquette | Sep 18, 2015 | Blog, Home Owners, Investors, Realtors
It’s all about the Fed the Fed the Fed… some people claim that they have gone crazy watching hours of pundits talk about whether they will raise the Fed funds rate and therefore the prime rate this week. 7 out of 10 economic experts predicted that they would finally...
