Plattsburgh

A Unique Little Economy...

5/30/2008 1:27:39 PM

The title of this post is referring to the economy of Plattsburgh, NY and the North Country as a whole. Amidst all of the doom and gloom being reported daily in the national news with regard to our economy nation wide out little economy is still booming!

People are still buying homes, more businesses are coming to town, and there are still plenty of employment... Read More

Topics:

plattsburgh, north country, plattsburgh mortgage, plattsburgh real estate

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PMI is going, going, and gone for some people...

4/15/2008 6:51:40 AM

Since beginning my career in real estate finance I have often been asked questions about PMI. Some people want to know why they need it; they are concerned that the PMI brings the payment too high. Others know that it is a requirement but want to know why it is so high, is it their credit, loan to value, or is it because I am charging more for PMI.

I have given many... Read More

Topics:

Plattsburgh, new york mortgage, adirondack real estate,

Posted by

Is a Money Merge Account Right for You?

4/14/2008 8:38:25 AM

I guess the answer to that question is can only really be answered after you have had the opportunity to have your current situation analyzed by an expert. I personally have come across several reviews concerning Money Merge Accounts; some good some bad.

Some people consider it a pure rip off; I have read many peoples opinions who state that you can do the exact same thing... Read More

Topics:

plattsburgh, new york mortgage, adirondack real estate, new york real estate, ethical lender

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It's all about past performance... Not all brokers are bad!

3/26/2008 12:23:13 PM

I'm not putting any flashy pictures or exotic text in this post I just want to point something out. I saw a news broadcast recently that focused on the lack of ethics within the "mortgage broker" community. the entire hour long broadcast talked about the economic turmoil that we are in and blamed mortgage brokers.

The people (so called analysts) on the screen... Read More

Topics:

plattsburgh, credit crunch

Posted by

Financial Institutions Pare Lending

3/25/2008 2:24:16 PM

Many financial institutions in this nation are required to maintain "reserves" in order to hold onto certain credit ratings that are a requirement of doing business within the financial sector. The requirements vary depending the the type of business being conducted. Mortgage brokers for instance are required to hold a $100,000.00 bond in order to legally stay in... Read More

Topics:

credit crunch, plattsburgh

Posted by

Mortgage rates are goin' up, and I'm lookin' forward to it!

3/5/2008 4:22:56 PM

The news happens so fast, it is hard to keep up with it sometimes. This is especially true for the finance industry abroad from credit card companies to mortgage lenders; each day comes with it a new set of challenges and sometimes setbacks reiterating to us all that these surely are "trying times".
There is a tricky and somewhat elusive equilibrium that must be... Read More

Topics:

plattsburgh, financing, real estate, adirondack, ethical

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