Tessa was desperate, and a two year contract with an Imperial Embassy looked like the way out. Helping a newly contacted species develop to a point where they’re ready to deal with the universe is a years-long project, and those whose missions succeed can expect more lucrative contracts in the future as well as the …
Author Archives: admin
Selling In Buyer’s Markets: Do You Need to Sell Or Are You Part of The Problem?
One of the things that sticks out about buyer’s markets is that there are two sorts of listings: Those who are willing to do whatever it takes, anything it takes, to get the property sold, and the other who apparently just likes having the property in MLS. Many listing agents have made a habit of …
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Relocation Loans and Developer Issues
I live in (City 1) and recently signed a work order on a semi-custom new construction house in (City 2). My wife and I make a combined 120K income and still can’t afford a decent place in City 1. It was preapproved rather quickly from both the builder’s mortgage company and a few outside companies …
Passive Asset Allocation
A while ago I talked about Passive Asset Allocation as a way to beat market return as a strategy. So I’m going to write a bit about what it is, why it works, and how to do it. Passive Asset Allocation is very simple at its heart. What you are doing is keeping the balance …
Meeting The Morelli Upcoming Release
Have uploaded files for Meeting The Morelli to Amazon and Draft2Digital (aka Books2Read, which distributes to the rest of the book world). This is (thus far) a standalone set in the Empire of Humanity. I have the bare idea for a sequel. Amazon has files for kindle, paperback and hardcover. I’m not allowed to create …
Online Mortgage Quotes
I got a question about what I think about those online quote services. The answer is that they vary from okay to putrid. There are two sorts of online quote sources. The first is where mortgage companies have their rates online, and people come along and browse. Those are pretty much a waste of your …
Mortgages: General Concerns and Manufactured Housing
A mortgage or Deed of Trust (they’re not the same!) is basically pledging an asset that you own as collateral for a debt. If you default on the debt, the lender takes your property. When you’re talking about real estate in the state of California (and many others), this is generally accomplished by use of …
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Losing Property Value with Highly Leveraged Properties
(This was originally published March 18th, 2006. I’ve added a couple updates, but otherwise it’s as published. It’s still very relevant, and if there’s anyone that wants to tell me I didn’t nail it, please speak up) Somebody wrote a comment about going upside-down on their mortgage: What happens if the property value falls and …
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You Only Need Negative Amortization Disclosures on Negative Amortization Loans
First let me say that I really learned a lot from your postings/articles/website; its awesome that a resource like yourself exists. Now to the problem. I recently refinanced and the mortgage broker lied to me about many, many things. I was sold a negative amortization mortgage. The broker provided me a chart showing my payment …
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What Happens When You Can’t Make Your Real Estate Loan Payment
I’ve written a lot here about how to manage your mortgage so that you control it instead of it controlling you. Let’s consider what happens when that project fails. If you don’t pay your mortgage, on time, no big deal at first. The lenders don’t like it, but there’s a grace period built in. Fifteen …
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