http://www.isnare.com/?s=author&a=Carey+Pott Finances Carey Pott Sat, 04 Mar 2006 00:00:00 +0800 http://www.isnare.com/?aid=37651&ca=Finances With interest rates going up and property values starting to appreciate at a slower rate or flatten out, a new kind of loan has started to become more popular. The 40-year fixed loan allows you to amortize the loan over a 40-year period instead of the usual 30 years. This results in a lower monthly... Finances Carey Pott Tue, 13 Dec 2005 00:00:00 +0800 http://www.isnare.com/?aid=23023&ca=Finances I hear it all the time, and you probably do too. On the radio, TV, in the newspaper or online – “Call now to get a 30-year fixed loan at x% with no points or fees!”. I’d like to explain to you why this almost never makes sense. First, we need to make an assumption – if you’re getting a 30-year fixed... Finances Carey Pott Wed, 07 Dec 2005 00:00:00 +0800 http://www.isnare.com/?aid=22409&ca=Finances Apples vs. oranges. Boxers vs. briefs. Dave Letterman vs. Jay Leno. These debates may rage on for decades, and we can add another one to the list: fixed vs. adjustable. We’re speaking, of course, of fixed rate and adjustable rate mortgages. Let’s start the discussion by talking about risk. If I had... Real Estate Carey Pott Wed, 07 Dec 2005 00:00:00 +0800 http://www.isnare.com/?aid=22410&ca=Real+Estate Real estate experts go by a few different names, although the distinction shouldn’t matter for you as a first time home buyer. Important is to make certain the broker or agent you chouse is a licensed real estate professional. All real estate brokers or agents are licensed and regulated by each stat... Real Estate Carey Pott Wed, 07 Dec 2005 00:00:00 +0800 http://www.isnare.com/?aid=22411&ca=Real+Estate In many states, the sub-agency has been eliminated. In these states, if an agent is working for a buyer, he or she is a buyer agent. In this case the buyer must pay the percentage or fee to the broker or agent. If the agent is working for the seller, he or she is a seller agent (or conventional). Th... Finances Carey Pott Wed, 09 Nov 2005 00:00:00 +0800 http://www.isnare.com/?aid=17908&ca=Finances Predatory lending is far more prevalent in refinancing than in the purchase market. One reason is that buyers tend to look for mortgages from established and recognized lenders, many of whom are bound by rules put forth by Fannie Mae, FHA, or the Veterans Administration. If they don't follow the rul...