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Is It Wise to Waive the Appraisal Contingency?

Is it wise to waive the appraisal contingency? Appraisals continues to cause aggita among many in the home buying process, is the answer to eliminate it? Current offers reflect the “now” while appraisals reflect the “then”; an inherent conflict especially in a transitional market. It was eas...

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You Are Not Smarter Than the Market

There are an infinite number of ways to say “don’t be stupid”. You can tell a kid “that stove is hot” but unfortunately, many times the lesson isn’t learned until that kid gets a third degree burn on his hand. Here’s the real estate equivalent warning – “You are not smarter than th...

Strategic Default for Dummies

OK, my obsession with the idea of "strategic default" will simply not go away. As I've said to many folks that have bombed me with emails, I can certainly understand how the frustration of dealing with these lenders can push you to toss the keys. I see home owners struggling with this regularly in...