How did the term “Real Estate Market” evolve? This is a history lesson on the evolvement of a new term. When my parents bought their home, there did not exist a term called ‘Real Estate Market’. This was not that long ago, in the mid 1970’s. People bought homes to live in them period.  The more Affluent people bought homes to live in them...

Did you ever have the’ hungry horrors’? Did you ever have the ‘hungry horrors’? IF you did, then you can relate to my experience.  This past Saturday, we were driving back from Palmdale, CA. As you might know there is a number of animal safe havens, hence the visit to Palmdale, CA) at the same time I was checking out the number of for...

What is a Reverse Mortgage? What are the Pros & Cons? (Part II) As I mentioned in Part I here I will address some of the pitfalls. The Reverse Mortgage has some Borrower Requirements: The borrower must be at the minimum 62 years old. The property must be either free and clear or have a small mortgage balance. There should not be any delinquent payments,...

The Guitar Center in Hollywood, CA is the flagship Guitar Center Store and a museum at the same time. It is hard to believe that in 1964 the Guitar Center started and today there are hundreds of stores across the entire United States. They have one of the most impressive memorabilia on display. Recently I saw the world premier of a new Television Show...

What is a Reverse Mortgage? Recently I was asked this very same question “what is a reverse mortgage” by a friend at a party. Then I received a couple of e-mails praising the benefits of a reverse mortgage. Then I watched Robert Wagner doing a commercial about Reverse Mortgages. I guess it was an omen for me to tell you what it is.  With...