4 Places Where Home Prices Could Plummet 25%
The correction in these markets could rival the crash that occurred in the wake of the housing bubble more than a decade ago.
Arizona
Real Estate or Index Funds â Which is the Better Way to Build Long-term Wealth?
Whether you choose real estate or index funds as your primary investment, each has an outstanding track record of building wealth. But is one better than the other, if maybe only by a little bit? This topic was inspired by this question from a reader: âMy question: Real estate or long-term index fund investing? I […]
The post Real Estate or Index Funds â Which is the Better Way to Build Long-term Wealth? appeared first on Good Financial Cents®.
Real Estate or Index Funds â Which is the Better Way to Build Long-term Wealth?
Whether you choose real estate or index funds as your primary investment, each has an outstanding track record of building wealth. But is one better than the other, if maybe only by a little bit? This topic was inspired by this question from a reader: âMy question: Real estate or long-term index fund investing? I […]
The post Real Estate or Index Funds â Which is the Better Way to Build Long-term Wealth? appeared first on Good Financial Cents®.
Suncoast Credit Union Mortgage Review
Originally founded in 1934 as a credit union for teachers in Hillsborough County, Suncoast Credit Union has since expanded its territory and membership eligibility requirements while remaining a regional lender. Headquartered in the city of Tampa, Suncoast is now the largest credit union in Florida and provides mortgages to its many members in the Sunshine […]
The post Suncoast Credit Union Mortgage Review appeared first on Good Financial Cents®.
How To Rent an Apartment for the First Time
College is over and itâs time to get your first real, grown-up apartment. Even if you’re still throwing parties and living with six other people, this may be your first apartment where your name is on the lease and you pay all the rent, and thatâs a total game changer. The pandemic has only made the renting process more […]
The post How To Rent an Apartment for the First Time appeared first on The Simple Dollar.
Point of Sale, Appraisal, Outsourcing, Appraisal Products; Mergers and Lender Closures Continue
Every lender or investor with an âaâ in their name seems to be subject to rumors and news in recent months. (More on Flagstar and American Pacific below.) Know anyone named âBernadetteâ? The name is actually Latin for, âThe act of torching a mortgage.â (Yes, it is cutting edge humor like that which brings you back.) Burning liens isnât a topic, but paying them off early is, and with mortgage rates off of their highs, early pay offs, or EPOs, were a conversation topic at the conference this week. And with it, loan officer compensation follows. Can a lender pay an originator based on pull through? Yes. Can lenders pay different originators under different payment plans, as long as the originator sticks with one plan? Yes. Can a lender, if they comply with state labor law, ask for compensation back after an EPO or EPD? Yes, and it may depend on the contract signed by both parties at the beginning of employment. As always, consult your in-house counsel or a lawyer well-versed in mortgage banking. While weâre on originators, occasionally I am asked about training for brand-spanking-new loan officers. No, this is not a paid ad, but veteran LO Tanya Blanchard has created Madison Chase Academy, â6 Months to 6 Figures: A Loan Officerâs Guide to a Profitable Businessâ with a sneak peak on the website. (This weekâs podcast is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology, and other services in the mortgage industry and in banking.)
Why Is Crypto Valuable?
This is the question commonly associated with cryptocurrency, and not an unreasonable one to ask. After all, unlike commodities, crypto has no physical substance. And since it isnât issued by banks or central governments, thereâs no institutional entity upholding its value. So why is crypto valuable at all? We could ask the same question about […]
The post Why Is Crypto Valuable? appeared first on Good Financial Cents®.
RoundPoint Mortgage Review
Founded in 2007, RoundPoint is among the 25 largest mortgage subservicers in the nation. The bulk of the business conducted by RoundPoint is tied to servicing home loans as opposed to issuing them, yet it also offers mortgages for new purchases as well as refinance loans and home equity loans. RoundPoint’s Charlotte, North Carolina, headquarters has an A+ rating from […]
The post RoundPoint Mortgage Review appeared first on Good Financial Cents®.
The Best Neighborhoods in Tucson for Renters in 2023
Best Tucson neighborhoods in 2023
The post The Best Neighborhoods in Tucson for Renters in 2023 appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
The end of the road: Preparing to buy a new car
Yesterday, Kim and I joined my cousins for an afternoon trip to the Oregon Coast. Our aim was to harvest a bounty of clams. We came home with zero. We managed, however, to harvest a bounty of mussels. Plus, the dog had fun.
My cousin Duane carpooled with us to and from the beach. We rode in Kim’s car: a 1997 Honda Accord that’s showing signs of its age.
“It’s a little warm in here,” Duane said about ten minutes into our drive. “Would you mind turning down the heat?”
“Well, I can’t turn down the air,” Kim said. “It’s stuck on high. But I can turn down the temperature.” She laughed as she demonstrated that the knob for the air volume has broken off at the post. The vents now permanently blow at full force.
“This car is falling to pieces,” I said. “Literally.” As if to prove my point, a bit of molding fell from a roof handle. I picked it up and wedged it back into place.
“I like my car,” Kim said. “I have an emotional attachment to it. But I’ve come to the realization that it’s time to start searching for something else.”
More and more, it looks like our vehicles have reached the end of the road.