Smart Borrower Blog

Archive for November, 2007

Interview With Damion Flynn Part II

Sorry I didn’t get this posted as planned.   It has been a crazy week here, with a major crash, waiting on a new box, and attempting to work from my wife’s laptop.   This weekend things are getting a bit more back to normal, and today I am posting the rest of the interview with Damion Flynn, a realtor in Gulfport, MS.   Thankfully, Damion still had the interview questions on his hard drive, and I am once more in his debt.   Thanks, Damion! AS:   Do you have a recommendation for homeowners whose homes weren’t razed, but... more »

The Case For Reverse Mortgages

In these uncertain times, with the mortgage market in such a shambles, many people are wondering about their futures.   This year, the first of the Baby Boomers reach 60 years of age.   Social Security is in jeopardy, and many feel we are in a hopeless situation.   Currently, foreclosure in the housing sector have reached almost a half million homes.   Prices of new construction continue to drop, because contractors cannot unload them to a market that is in turmoil.   Despite all this, there is a ray of sunshine that we can see. Help For The Boomers... more »

Refinancing not as easy as it looks

Have you been considering a refinance on your home? Even with today's market, sometimes it still makes sense to refinance the loan. If so, it pays to shop around. You'll find that not only the rates and terms vary from one loan company to another; the person on the other end of the line has a lot to do with the response you get, too. A lender who is more interested in selling you "this week's hottest package" than listening to your needs will quickly cause you to hang up the phone and look for the next number on the... more »