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Economic News this Week: It was a week of tight changes in the price of our bonds and therefore rates.
It was a week of tight changes in the price of our bonds and therefore rates. We went from a little good to a little bad news and back again. On Tuesday the Personal Income numbers for June were released, and they were unchanged from last month. Personal spending was...
Success Story of the Week: If it costs you money every month, is it an investment?
A dear client has owned a home in another state (which was his home when he had a job there) for more than 10 years. He got a great job offer in LA, but it was 2007, and the market was already softening. He purchased a property, but little did he know that his...
Success Story of the Week: How to Beat a Bad Appraisal
What happens when a homebuyer is buying a beautiful ocean front condo for $850,000 and the appraiser (from the valley) says it’s worth $760,000? We go to work proving him “in error” (cleaned up language because this newsletter is PG). Yes, this appraiser thought that...