Team Hochberg Blog
The Housing Crash: Not Every Community Has Recovered
I came across this article from the Chicago Tribune that I wanted to share with you. It provides data and insight to something you likely are unaware of. While most of the country has recovered, some communities are still dealing with the fallout of the housing fiasco that began to show in 2007. In the…
Read MoreHomeowners Regrets and How You Can Avoid Them
Trulia recently came out with a survey detailing homeowners regrets about the purchase process. You can check out the various regrets in their survey, but I wanted to share with you my informal survey about the regrets of real estate financing. 1. Going with their realtors lender or the bank: You should shop around for…
Read MoreCash is No Longer King at Epic Burger and Elsewhere
I was talking to one of my expert loan officers who tried to go out to lunch at Epic Burger and had to put the order on her credit card because they are no longer accepting cash. Why is your mortgage guy writing about a burger joint no longer accepting cash? Because while more and…
Read More“Why do I have three credit scores?”
I had someone today, who happens to have excellent credit, “why do I have three credit scores?” This legitimate question reminded me that, while I’ve learned everything about credit from my Credit Enhancement Guru Gary Novel, not everyone has gotten the crash course in credit that I have. You have three scores because there are…
Read MoreRetirement Calculators: Reverse Mortgage Loans Can Help “Hack Your Retirement”
If you’re like a huge percentage of Americans, your retirement seems like a mysterious ideal that you know you should be working towards… but you don’t really know what you’re doing. The fact is, more and more financial experts and retirement advisors are encouraging people to take a look at reverse mortgage loans. Reverse Mortgages…
Read MoreEasing Regulation Make it Easier For You to Know Where You Stand
If you’ve been paying attention to me at all over the past month, you probably have heard me talking about THIS. In short, the requirements for liens and judgments that would negatively impact your credit score have gotten stricter, and therefore many of you might have your scores improve without any effort as those items…
Read MoreMortgages and Divorce: What You Need to Know
I’ve been divorced. It’s stressful, and the last thing you want to talk about is your mortgage, and navigating the paperwork associated with real estate. I then came across this blog, which makes the claim that navigating what to do with a house during a divorce is the most complicated part of a divorce. The…
Read MoreGig Economy Mortgages
I spoke with a woman today who was concerned because her husband has multiple jobs, has changed jobs multiple times over the past two years, and she thought it would impact her chances to get a mortgage. They both work incredibly hard, and are simply fighting against this new “gig economy” that many younger individuals…
Read MoreSuccess Story: Helping Family Secure the Right Mortgage For Them
One of the biggest perks of doing what I do is being able to help my family and friends secure a new mortgage. Attached to this is a picture of me and my sister in law Deb at the closing of the home she recently purchased. Four years ago, when my youngest nephew was a…
Read MoreCan Zillow ‘Uber-ize’ the hundred-billion-dollar real estate brokerage?
If you want to start your home search by checking #Zillow… good for you. But understand there is a reason why the site offers free information instantly. Your home value listed there is a complete shot in the dark. Sometimes it’s right, and sometimes it’s incredibly off. Call me today at 855-563-2843 so that I…
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