TULLY’S REAL ESTATE AND MORTGAGE NEWS:
Looking For a Mortgage??
If you are in the market to buy a new home or refinance your existing mortgage, you had better be extremely qualified or not really in need of one.
The reason that I say this, is that the easy credit that fuelled the housing boom of the last […]
Entries from December 2007
Creative Financing Ideas - No More Easy Mortgage Loans
December 19th, 2007 · No Comments · Daily Musings, Financing, Foreclosure, Mortgage, Real Estate Downturn, Real Estate Market, The Economy
Tags:Bad Credit·Buying a Home·Getting Financing
Current Inflation Rate - 2007 Out of Sight!
December 16th, 2007 · No Comments · Daily Musings, Inflation, Real Estate Downturn, Real Estate Market, The Economy
TULLY’S NEWS: Current Inflation Rate 2007
Inflation’s Out of Sight!!
Today, the federal government released its figures for wholesale inflation. It showed the largest monthly increase in 34 years.
The actual rate was 3.2% for the month. If you were to annualize that, it would put inflation running at over 38% for a year.
(OUCH!!!)
The good news is that one […]
Tags:2007 inflation rates·current inflation·Inflation
Exiting a Down-turning Real Estate Market, Deferring the Tax or Leaving a Legacy
December 14th, 2007 · No Comments · Capital Gains Tax, Charitable Remainder Trust, Exit Strategies, Real Estate Downturn, Real Estate Market
Here we go again.
What goes up, must come down. The roller coaster ride is not over.
With the downward turning real estate market ahead of us, the million dollar question is how do I sell my property with falling real estate values?
Falling from what?
Are we talking about falling from a reasonable return on your real estate […]
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