by Roberta Murphy If I could be President Obama’s Mortgage Czar for just one week, the first thing I would mandate is that all existing mortgages become assumable. When starting my real estate career in Houston, Texas during the last century, it was not uncommon for buyers to assume or take over existing financing. In fact, it was a perfect way for the self-employed or those with dinged credit to…
by Roberta Murphy This video really has nothing to do with luxury, luxury homes or anything of the sort. But, it has a lot to do with a big, big heart, quick action and enormous courage–and the compelling story of how one dog bravely saves the life of another. [youtube]http://www.youtube.com/watch?v=m2qSakxWt54[/youtube]
by Roberta Murphy One Can Modify Luxury Home Loans, too? Not all clients took my conservative mortgage advice over the years, and some ended up with home loans that have turned downright nasty. In one case, a client and dear friend was persuaded to take out a Negative Amortizing Adjustable Rate Mortgage (Neg Am) along with a HELOC (Home Equity Line of Credit) a few weeks after the purchase of…
by Roberta Murphy Dear friends returned with big smiles and fat packages after a trip to Las Vegas prior to Christmas. Ulf and Andrea walked into the Saks Fifth Avenue store on Las Vegas Boulevard–and encountered rack after rack of clothing discounted up to 80 percent off. These were sales never seen in the weeks before Christmas, and they happily bagged up their luxury bargains and returned to Southern California….
by Roberta Murphy I am still chuckling over the wit and common sense of Wanda Sykes as she rants at Jay Leno over a Government bailout plan that has most eyebrows raised: [youtube]http://www.youtube.com/watch?v=MXznKV7rw7k[/youtube]
by Eve Sieminski I can’t begin to tell you how many years I have had a prejudice against Chilean wines. Each time I tried one, I was unimpressed–or worse, ended up with a raging headache. Living in California, we are positively spoiled when it comes to wine. We have a never ending selection of fine wines, so it never occurred to me to search out fine wines from Chile. At…
