Should I take a 15-year or 30-year Mortgage???????

With our currently low interest rates I have several Buyers wrestling with the question of whether to take a 15-year or 30-year mortgage.  My former clients who are (wisely) looking to re-finance are facing the same question.  What is the right answer?  As with many financial questions there is no “one-size-fits-all” answer.  While I don’t …

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House Flipping: Challenge or Opportunity?

Definition of House Flipping: “Quick-profit strategy in which an investor purchases real estate at a discount price and improves the property in order to sell it at a higher price.” http://www.businessdictionary.com/definition/flipping-houses.html Wow, that sounds easy, and if you tune in to one of multiple House Flipping shows, it looks easy as well.  However, as the …

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