Making your home retirement proof

Retiring with a mortgage is one painful impact that we all face. If you want to maintain a home when you retire with a mortgage, few options are available for you to consider in lowering your single biggest expense during the retirement. Your mortgage should not exceed more than 40 percent of your retirement income. …

Trio of online resources for home buyers

Founded in 2005 by two former Microsoft executives, Zillow (www.zillow.com) is an online real estate data base that provides a mortgage market place, advice, services for mobile devices, market reports and neighborhood boundary maps. It has information on its data base for more than 110 million homes in the United States including current for sale …

US housing market is heating up

Due to lower interest rates, somewhat lower home prices, increased inventory and host of other reasons, the U.S. home prices are going up. It appears that underwriters are also helping the boom and many see easing of underwriting standards to some extent. Competition among home buyers for trophy properties are also seen increased activity recently …

Demise of Lehman and its real estate portfolio

Five years later the collapse of Lehman Brothers still lingers in the real estate market in the United States and everywhere else. On September 14, 2008, Lehman was the fourth largest US investment bank but by early hours of September 15th it filed for bankruptcy, a victim of the financial meltdown. Isolating what cause the …