Shop for the Right Lender

The pricing offered by the top handful of lenders is always pretty close, so we look for the lender among them that is currently offering the best service and the least amount of hassle.

Reverse Mortgage – What Is It, and Is It Right for Me?

2/4/2020 | Casey Fleming | The reverse mortgage is the most heavily advertised mortgage product today, but all that promotion unfortunately includes very few facts. It is a complex financial product that is not right for everyone, but is a miracle for some and an elegant financial management tool for others. Let’s take a look...

Conforming Loan Limit – What is It and Why Should You Care?

11/25/2019 | Casey Fleming – The conforming loan limit is something you might have heard about but never really fully understood. If you are buying a home, however, understanding what the limit is in your area and keeping your loan amount below that limit can save you tens – or even hundreds – of thousands...

Ruin your credit in one hour

How can you take your credit score down 50, 100 or even 150 points in a single hour? It’s possible, and what is amazing is that it’s not that hard. People do it all the time. Let’s start with a little background. Your credit score is a measure of how likely it is you will...

Interest Rates and Inflation

10/16/17 | Casey Fleming | It’s been a while since I wrote about interest rates and inflation.  In the last six weeks rates have crept up about 0.250%.  Let’s talk about what happened. As you may recall, stocks and interest rates tend to move together most of the time.  This is because as stock prices...

Pass on Real Estate Outside of Probate

There are only three certainties in life: taxes, death, and someone is going to be fighting over your estate if you die without putting your intentions in writing, especially if you own real estate.  Of course you probably know you should have either a trust or a will, but now there is a new –...

The Importance of Thinking When Getting a Mortgage

One of the themes of my book is that rules-of-thumb are a very bad foundation on which to base decisions about your mortgage options.  I recently completed a refinance for a client that perfectly illustrates the importance of thinking through the goals and concerns of the client before generating options and then choosing one. Background...

When to Avoid Buying a Condo

I am often asked whether buying a condo is a good investment. The short answer – I own one in New Mexico and yes, they can be a great investment. If you are buying a condo to live in it, it’s great to have all your exterior maintenance taken care of, and nice to have...

Tax Tips for Landlords

Here’s some good information from an article in Marketwatch this morning.  As a landlord myself (and a real estate broker) I know that I need to remind myself of these things once in a while: By Bill Bischoff Published: June 2, 2015 6:00 a.m. ET Share Deducting rental real estate losses The tax rules for...