Second Shelters
Steven Shane had a twisted holiday this year. The Aspen, Colo., real estate broker, who graduated from selling snowboards to multi-million dollar ski chalets, handled one of the most complex deals of his real estate career over the holidays. End of the year, the rich go shopping for real estate. The sale of a simple duplex turned into a six-sided…
In this muckety-muck lending environment, does it make sense to re-finance your SECOND home? Can you even save money? I asked my good friend Marcus McCue, Vice President of sales for Guardian Mortgage Company: This is an exceptional time for owners of second homes to refinance. FRM (fixed-rate mortgages) are still at extremely low rates.…
Is Dallas getting to be a city of more renters than home-owners? And why is it harder to find homes to rent than to buy? A friend, a high-profile Dallas photographer, emailed me this very question. When it comes to finding real estate, there are more sites than stars out there where you can search for real estate.…