ARCHIVED BLOG POSTS

2010 

Even the wealthy are having problems getting a new loan and refinancing can be almost impossible - thanks to the skittish lenders out there. And the higher the loan value, the more the lenders worry. In spite of having high six-figure incomes, stellar credit histories and oodles of assets, its s...
01/25/2010
Scott Brown just won the Massachusettes Senate seat. No, this is not a political statement. However there is a lesson here and you should use it in your real estate business. The big question is ... WHY did Scott Brown win? There were lot of political reasons but I am NOT going into a political ...
01/20/2010
As banks have clamped down approving conventional mortgages, the FHA program has become one of the few ways people can buy a home. George predicted that FHA loans would enjoy renewed popularity years BEFORE it happened. Banks like to make FHA loans because they come with a federal guarantee to c...
01/20/2010
On the front page of this Sunday's Palm Beach Post was an article about foreclosures in South Florida and how homeowners are making "business decisions" to walk away from their properties rather than keep making mortgage payments on homes that have lost HALF of their value. Although this may not...
01/18/2010
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Everywhere you look there are houses for sale. And it's getting tougher and tougher to sell them. Why? One major reason is ... What used to be GREAT credit is now only OK credit ... Just a few years ago, a score of 620 or higher was good enough. That increased to 680 in early 2008. Then it jumpe...
01/11/2010
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George & Arlene Paukert

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