Mortgages Made Simple with Rick Gundzik

Thursday, August 21, 2008
House Prices, Going up or Going Down? - August 21, 2008
Are house prices going up or going down? Well, depending on which statistics you read, the answer is both. Because of this, the most frequent question we receive is "Should I buy now or will prices continue to fall?" The answer boils down to your own personal situation. Mortgages Made Simple logoIf you need a house, buy one. If you dont, don't. We don't think prices will fall too much more, prices are already down quite drastically in certain areas. Remember real estate is extremely localized, so pick a stable area to live in. We discuss some of the latest economic news and give you our opinion on the housing situation.

Also, The Los Angeles Times real estate section will no longer be published. So be sure to subscribe to our podcast to get all the latest real estate news.



If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

Labels: , , , , , , , , , , , , , , , , ,

posted by Pac Res @ 6:36 AM   0 comments
Thursday, August 7, 2008
Housing prices bottoming - August 7, 2008
We continue to receive a lot of interest regarding these 3 areas; Auctions, Bank owned property and housing prices. So this week we answer 3 listener questions in this encore episode. Have Housing Prices bottomed?, are Home Auctions worth my time to attend? and is a bank owned owned home easy to buy?Mortgages Made Simple logo

We present some compelling reasons to believe that housing prices have reached bottom. Looking back at past housing market bottoms gives us a good idea what might happen this time.

Home auctions are heavily advertised, but can you get a deal, or will a cash rich investor grab your dream home from you?

Many people advertise seminars which teach you the best way to get a deal on a home is to contact Banks that are trying to sell their inventory of real estate owned. But can the average home shopper crack this market?



If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

Labels: , , , , , , , , , , , , , , , , ,

posted by Pac Res @ 7:10 AM   0 comments
Thursday, June 12, 2008
Recessions and Housing Prices - June 12, 2008
Are we in a Recession??? Technically no, but a lot of people feel like they are. With gas prices up and housing prices down, psychologically people feel poorer. So this tends to create a slow down in consumer spending. Mortgages Made Simple logo A full blown recession does not appear likely, but a commentator I like to read, John Mauldin, prefers to call it a "muddle through economy." By this he means we will meander our way through a period of no meaningful growth in the economy. This isn't good by any means, but not the doom and gloom some people are predicting. And in an election year, a recession would be devastating for the Republican party.

We also discuss how a recession affects housing prices and give you some buy versus rent examples. Then we give you a few more ideas on buying a home today.



If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

Labels: , , , , , , , , , , , , , , , , ,

posted by Pac Res @ 7:34 AM   0 comments
Thursday, June 5, 2008
Credit Reports and REO's - June 5, 2008
When you're getting ready to buy a new home, what's the first thing you think of......? Your credit report is correct. Three or four months before you begin shopping for a home you should get a copy of your credit report.Mortgages Made Simple logo This will help you save time in the long run for two reasons. First you will know exactly how your credit looks and second you will have plenty of time to fix any errors or information you didn't expect to find on your credit report. And if there are any errors you can start fixing them yourself by using the links below.

We also discuss the current REO(Real Estate Owned) market in California as it shows signs of life with a rapid increase in activity. Many real estate agents are receiving mulitiple offers on homes due to reduced prices. This activity will help stabilize home prices throughout California.



If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

Show Notes:
Annual Free Credit Report
Experian
Equifax
Transunuion

Labels: , , , , , , , , , , , , , , , , ,

posted by Pac Res @ 7:47 AM   0 comments
Thursday, May 29, 2008
Appraisals, Upgrades and Renovations - May 29, 2008
When you add a room to your house or put in a fancy backyard pool, does it help your home go up in value? And can you buy a home for more than it appraises for?Mortgages Made Simple logo

On this show we give you insight as to what helps your home's value most in terms of bang for the buck, a new kitchen or a new pool. And we explain why some upgrades just don't create much value.

Also, can you buy a home for more than it is worth? You can, but the obvious question is, why would you? We explain this recent, much more common occurence and tell you how to work around it.



If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

Labels: , , , , , , , , , , , , , , , , ,

posted by Pac Res @ 11:14 PM   0 comments
Monday, May 26, 2008
Housing Price Map - May 26, 2008
I found this nice little map that outlines how housing prices have moved in the 1st quarter of 2008.Mortgages Made Simple logo

The map is from The Office of Federal Housing Enterprise Oversight. That title is mouthful, but they have some interesting information on their web site.

Remember, If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

us map






















Labels: , , , , , , , , , , , , , , , , ,

posted by Pac Res @ 3:41 PM   0 comments
Thursday, May 22, 2008
Housing prices bottoming - May 22, 2008
This week we answer 3 listener questions. Have Housing Prices bottomed?, are Home Auctions worth my time to attend? and is a bank owned owned home easy to buy?Mortgages Made Simple logo

We present some compelling reasons to believe that housing prices have reached bottom. Looking back at past housing market bottoms gives us a good idea what might happen this time.

Home auctions are heavily advertised, but can you get a deal, or will a cash rich investor grab your dream home from you?

Many people advertise seminars which teach you the best way to get a deal on a home is to contact Banks that are trying to sell their inventory of real estate owned. But can the average home shopper crack this market?



If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.

Labels: , , , , , , , , , , , , , , , , ,

posted by Pac Res @ 7:25 AM   1 comments

Subscribe in a reader

Subscribe to Mortgages Made Simple by Email

Previous Posts
Archives

About Blog
Helping you to understand mortgages and get the best home loan possible.

  • Links
    Templates by
    © Mortgages Made Simple with Rick Gundzik. Blogspot Template by Isnaini Dot Com