Thursday, July 19, 2007

property Updates

investing in real estate

A Reverse Mortgage Calculator Clarifying Your Retirement Finance Picture

If you are considering a reverse mortgage on your home as a means of helping fund your golden years, you can eliminate some of the mystery about how much you can reasonably expect in the way of a reverse mortgage loan by using a reverse mortgage calculator.

You can choose a reverse mortgage calculator from one of the dozens available online. They all require you to input some data concerning your homes estimated worth, but are relatively easy to use and will be the quickest way you have of determining if taking a reverse mortgage on your home will be a financially prudent move.... View the rest of this article by visiting BuyerBeWhere.com at the link above...


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My property Reviews

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In Defense of Casey Serin

Casey Serin just doesn't look the part. Soft-spoken, articulate, and terminally well-dressed, Casey delivers blogs and interviews about his predicament as though he were talking about a trip to the dentist. But this is no dental checkup; I'd trade my situation for a drilling sans Novocaine in a heartbeat if I were him. Casey is, of course, the you either love him or hate him casualty of real estate fever who now owns several properties, owes a couple million dollars (what's that in rubles, about 54 million?) and has a negative cash flow in the twenty thousand-a-month range. His position in the aforesaid properties is upside-down, of course, hence the casualty label. Upside down means that the properties aren't worth what he owes on them, for the most part. So far, he has lost something like six properties to foreclosure. According to his blog, the next one (foreclosure, that is) is scheduled for today.

... View the rest of this article by visiting BuyerBeWhere.com at the link above...


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