Kirk Mulhearn's (kirkmulhearn) Blog

Most people know that something is basically wrong with our economy. After-all, how can the price of gas go up over 26%, bread 16% and orange juice 28% in just one year?: Massive inflation.What the the American people are not told is that the inflation index does not use the wavering cost of food...

In this day of high inflation and the dropping value of the dollar, one wonders why should a borrower ever consider paying points to buy down the interest rate on their loan.  Let's consider that  a "discount point" is supposed to discount the interest rate that a borrower gets on their long term...

Sometimes the only way to buy a home and get a home loan  in our current real estate market is by getting the Seller to carry back a loan and essentially become the bank.  Now, we have to ask the question, why would the seller want to carry back financing?  The following will summarize why it may...

With the advent of the on line loan application combined with the fact that most home buyers have less time to meet mortgage professional then ever, one begins to ask the question:  Are loan officers even necessary in the current market at all?Faced with the current credit crunch, many banks are ...

Understanding that your cousin's Long Beach loan was a pointless loan has two different possible meanings:A).  Your cousin's borrowing had no meaning and he was basically burning through his equity without reason    (this is actually very common with Americans today, especially when given such an...

 "Good things come with hard work."  Coach SeymourForget the $200,000.00 wedding, Elope! Elvis is waiting for you and so is your first home.Now matter how you cut it, nothing is free in life and those who understand the value of hard work will always do well...Generation Y is learning that gettin...

Caution: It may be possible that the "people" that you are showing property to are actually alien beings in disguise.  This can be dangerous in that:A). You may be exposed to high levels of radiation.B).  You may be infected with foreign biological matter (ala invasion of the body snatchers).C)  ...

Hello Activerain Community, you guys are truly a brain-trust for whom I have the deepest respect, this short film(only 10 minutes) says a lot  about our current economic situation:  http://www.youtube.com/watch?v=zmyvEhU-gmwIt summarizes the current fall of the value of the dollar.  It is true th...

Recently, one of my agents showed a property in Long Beach, CA. to an aspiring buyer who saw the property on line and was interested in seeing it. First of all, the fact that she was an attorney should have set the alarm bells ringing(no offence to good guy attorney- esquires paricipating here on...