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Showing posts from April, 2017

With Golf and Mortgages: It's Important to Know the Rules

With Golf  and Mortgages:  It's Important to Know the Rules

There are a LOT of rules in golf ...  

That fact has drawn increasing attention as of late.  But truth is, golf rules have always provided controversy and remained front and center during golf tournaments over the years.  
Just ask these golf pros:
LPGA star Lexi Thompson, PGA players Craig StadlerandPaul Azinger, golf mega-star Tiger Woods, and more. Not knowing ... or being unaware of a rule ... cost them strokes during important golf rounds and ultimately a win (and money) on the tour. 
Strong parallels between golf and mortgage lending can be made.  Be unaware or not know the rules of mortgage lending?  It can possibly cost you ... in time, money, and opportunity to attain success.  
Just as in golf, the rules of mortgage lending are important.  They are intended to ensure all play by the same rules.  The "rules" demand that Lenders ... and the entities that insure loans ... approve borrowers that are "qualifi…

Rent VS Buy: Finding the RIGHT Answer

Rent VS Buy:  Finding the RIGHT Answer

Rent VS Buy ... which is better?

Seems everyone has an opinion on this debate.  Pro and Con.
But truth is, no one but the person(s) considering this question has the "right" answer.  Or at least what's the "right" answer for them.

It's also true:  Facts, emotion, and gut feeling weigh into the making of the decision reached.  Or not so final ... as timing factors into this decision-making too.  The "right" answer can often be just a temporary one.


So, with all the factors mentioned above playing into the decision-making process, just where and how do you start it?  

The right answer to that question is:  You should start by doing some simple homework.

To make that easier to do, I've provided some handy tools for you on my website. Just click HERE to find a host of calculators that will help during the early stages of your decision-making process.

After gathering some info ... and when you decide to move to the nex…

Financing a Chicagoland Home "Flip"

Financing a Chicagoland Home "Flip"

"Flipping" shows are increasingly popular on TV these days ...

"Flip or Flop", "Masters of Flip", "Flip this House" represent just a small sample of the shows currently on air featuring the buying, renovating and selling of homes within a short timeframe for investment and profit.

While entertaining to watch, the rise in popularity of these shows really showcases American's ongoing fascination with home and real estate.  It's also is an indicator of the return of a healthier U.S. housing market.  

It seems Americans are once again willing and more capable of facing the monetary risks involved in "flipping".  And real estate investors are seeing a higher likelihood of making good money.

Most of the shows shown above spotlight couples focused on "flipping" as a way to make a living.  It's their family business and it generates them income.

But "First Time Flippers" o…