Tag Archives: mortgage

Refi for Real Estate Investors

Posted on March 15, 2009 by Roberta Murphy

by Roberta Murphy We now have the chance to read through the recent Stimulus/Spending Bill that was passed largely unread by our Congress. The earmarks and pork anger many, but there is good news on the real estate front: Owners … Continue reading →

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All Mortgages Are Now Assumable

Posted on February 14, 2009 by Roberta Murphy

by Roberta Murphy If I could be  President Obama’s Mortgage Czar for just one week, the first thing I would mandate is that all existing mortgages become assumable. When starting my real estate career in Houston, Texas during the last … Continue reading →

Posted in Real Estate News, Real Estate Trends, San Diego Luxury Homes | Tagged , , , , , , , | 9 Comments

Even Luxury Home Loans Can be Modified

Posted on February 4, 2009 by Roberta Murphy

by Roberta Murphy Not all clients took my conservative mortgage advice over the years, and some ended up with home loans that have turned downright nasty. In one case, a client and dear friend was persuaded to take out a … Continue reading →

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When Will the Real Estate Market Return to Normal?

Posted on August 30, 2008 by Roberta Murphy

I often turn to Billy Taylor, financial services guru at San Diego’s Villa Sotheby’s, when I want to hear the latest scoop on the mortgage market. Just last week, for example, Billy shared that Chase had moved out of the … Continue reading →

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Jumbo Loan Defaults in the Luxury Market

Posted on August 23, 2008 by Roberta Murphy

by Roberta Murphy Ed McMahon may wonder what else in new in defaulted real estate, but yesterday, Standard & Poor’s Ratings Service reported that even prime jumbo loans are starting to buckle. Over a period of just one month–from June … Continue reading →

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Troubled Homeowners: Beware the Predators

Posted on May 12, 2008 by Roberta Murphy

by Roberta Murphy The real estate predators are always there–in good times and in bad. There are whispered stories in real estate circles of certain escrow and loan officers who, in the heady days of real estate, slipped deeds into … Continue reading →

Posted in Luxury Gossip, Rants, Real Estate News, Real Estate Trends | Tagged , , , , , , , , , , , , | 5 Comments

Mortgage Rate Freeze: Who Wins and Who Loses

Posted on December 8, 2007 by Roberta Murphy

by Roberta Murphy This months hot real estate question: Which homeowners will benefit from President Bushs recent interest rate freeze for subprime loans? And who will be left out in the cold? Drumroll. The winners, who may receive a five-year … Continue reading →

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