The reset that only partially barks?

By Fester: Alt a august 2008 Last August, I wrote that we should expect to see a tremendous number of Alt-A and prime mortgage problems similar ... mortgages. Two things would work to create payment shock in my implicit model.  The first is loans would stop being interest only and become fully amortized loans where there are principal payments [more...]

Date: 2009-01-14 19:20:04

Blog posts (7) | Videos (3)
 

Things to Consider If You Can't Afford Your Payment

I read a lot of the info. you have on your web page ... thank you. I don't live in San Diego so I'm not looking for a home ... . I wanted to reduce my payments and I was recently offered a neg-amortized loan. While ... different. Unlike the loan market, each commuting area has enough of its own concerns that nobody can keep [more...]

Date: 2008-12-28 15:23:29

Cash Flow Versus Balance Sheet Accounting in Real Estate

An email: Greetings, I've recently been pitched the idea of refinancing my home and investing in apartments, or more precise, a four-plex. The idea is to refinance and get a negative amortization loan on my house. With the money I pull out of my home, put a down payment on a four-plex, also with a negative amortization loan. That way [more...]

Date: 2008-11-26 17:38:33

What Goes Down Must Come Up

Wise man once said that: a great person can see opportunities in certain circumstances where other people see it as problems ... , or to refinance an existing loan. They can help us compare Oregon mortgage rates, calculate payments, run amortization tables and connect us with the best lenders. There are some incredible Oregon [more...]

Date: 2009-01-11 02:25:58

Home Prices - How Did They Get So High?

It seems that the real estate bubble has burst, but how did home prices get so high anyhow? ... From Low Interest Rates Take out an amortization book or find one of those payment calculators online ... paying this much in the early 80s. For example, a 30-year loan of $200,000 would cost you $2,292 [more...]

Date: 2009-01-14 06:37:08

Housing Bubble Death Trap

(This blast from the past originally appeared June 7th 2006, and it wasn't my first such article. It's still relevant, though ... who bought too much house with an unstable (or insufficiently stable) loan. I just picked a couple ... there may be or negative amortization it may have undergone, not to mention the cost of any payments [more...]

Date: 2008-11-15 16:43:52

Loan Amortization

Amortization is the repayment of a loan. It is usually used in conjunction with a time frame ... is for a loan the slower it amortizes. This slower amortization means a lower monthly payment. It can also ... in loan size is known as “negative amortization”. You will see 1% loans marketed under such names [more...]

Date: 2009-01-10 04:41:41

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