Category Archives: Mortgage

Deficiency: shortage, deficit… or paying back what you owe…

Posted on November 27, 2011 by Mirjam

The majority of people who buy a home need a mortgage or a loan. The home is yours, you pay the mortgage back over the life of the loan. When you sell the home you pay off the remainder of … Continue reading →

Posted in Foreclosure, HAFA, Mortgage, Sellers, Short Sale, Sonoma County info | Tagged | Leave a comment

I want to buy your house! But…

Posted on November 28, 2010 by Mirjam

Ahh the ‘buts’ or the contingencies. As a proud home seller, you received the offer and if everything goes well, you’ll close escrow  in 30 days… 99.9% of all offers are made with contingencies: Inspection contingencies and loan contingencies are … Continue reading →

Posted in Buyers, Disclosures, Economy, Mortgage, Sellers, Sonoma County info | 1 Comment

Reverse Mortgage – a way to foreclosure proof your house.

Posted on November 7, 2010 by Mirjam

A few days ago I had coffee with David Carter, he is a reverse mortgage specialist at BofA. When I initially heard about reverse mortgage I thought is was some sort of a scam… I was wrong. As with any … Continue reading →

Posted in Aging in Place, Foreclosure, Mortgage, Retirement, Reversed Mortgage, Sonoma County info, Visit WineCountry, Wine Tasting, Winery with picnic place | 10 Comments

C.A.R. Housing Affordability Fund’s Mortgage Protection Program

Posted on August 6, 2009 by Mirjam

This program was developed to help address first-time home buyers’ concerns about potential job loss and how such a loss would impact their ability to make their mortgage payment. Through the Mortgage Protection Program, first-time home buyers who lose their … Continue reading →

Posted in Buyers, Economy, Mortgage, Sonoma County info | Leave a comment

You Are Cordially Invited! – Great Info For Buyers Too!

Posted on April 11, 2008 by Mirjam

Posted in Buyers, Economy, Mortgage, Sellers | Leave a comment

Yep, he did it again!

Posted on March 19, 2008 by Mirjam

Mr. Bernanke is a very busy man nowadays. Working weekends to make the J.P. Morgan Chase & Co/Bear Stearns Cos deal happen and a 1/4 point rate cut this Sunday is unprecedented. And then yesterday an other rate cut for … Continue reading →

Posted in Buyers, Economy, Interest rates, Mortgage | Leave a comment

More about foreclosure

Posted on November 22, 2007 by Mirjam

On the bottom of this page (scroll down) you will find the announcement for the Smart Home Choices Workshop.  If you are interested in real estate and want to know more about the financial aspect, you are cordially invited to … Continue reading →

Posted in Financial news, Foreclosure, Mortgage, Sellers | Leave a comment

Smart Home Choices Workshop

Posted on November 10, 2007 by Mirjam

Posted in Buyers, Mortgage, Sellers | Leave a comment

Buyers beware

Posted on November 7, 2007 by Mirjam

So you got pre-approved for a loan a few months ago and are home shopping on your leisure. Inventory is high (this morning we had 3182 active listings in Sonoma County), you have reason to take your time. Just a … Continue reading →

Posted in Buyers, Interest rates, Mortgage | 5 Comments

Buyers beware! – Get a 2th opinion on your loan.

Posted on October 16, 2007 by Mirjam

    As Realtors we might have the tendency to have our clients decide on the loan product they choose and rightfully so. However, for buyers it might be wise to discuss the loan product you choose with your Realtor, even … Continue reading →

Posted in Buyers, Mortgage | 1 Comment