3 unexpected silver linings from COVID mean good news for real estate
We won’t sugarcoat things. The Pandemic has been rough on all of us. However, when something major changes in society, there are almost always “corrections” which take place to offset them. In the lending world – when delinquency gets too high – lenders tighten their guidelines. Remember 2007? Leading into COVID, American’s were struggling to
sold family home
  Nobody hates “mortgage-ese” more than us. But today, we’re making an exception. The real estate market is incredibly competitive right now. Homes are selling within days or even HOURS of being listed. Sellers are getting multiple offers (they’ve got choices). Buyers are putting in multiple offers (just in case). But here’s the problem… potential
Is a Pandemic a Good Time to Buy a Home?
Thinking about buying a home, vacation property or rental, but just not sure what COVID has in store for the rest of 2020? Is NOW, with all this uncertainty, a good time to buy? The answer is – it depends. If you don’t feel good about the future of your job or business, then now
A new study from Medical Alert Buyer’s Guide – and covered recently by Forbes and Reverse Mortgage Daily – found that many seniors may be routinely under-preparing for their healthcare costs as they move further into retirement. The study surveyed 1,006 people who had yet to retire aiming to gauge their expectations of retired life
  Did you know we are now home to the ‘Face of Reverse Mortgage’ in New Orleans? That’s right. Our very own Alison Calamia, Certified Reverse Mortgage Professional (CRMP) and Assistant Vice President of AMR, is featured this month as part of New Orleans Magazine’s 2020 Faces of New Orleans series! We couldn’t be more
Why seniors are quickly turning to reverse mortgages since COVID
Lost jobs, furloughs & businesses closing have dominated the news when it comes to COVID. Retirement accounts & investment portfolios have also been hit hard, leaving many seniors wondering what they can do to survive the crisis. Most financial advisors agree that taking money out of retirement accounts during a down market is not the
3 Changes to the Real Estate Market in the Post-COVID World
We’re almost 90 days into the COVID crisis and the end is nowhere in sight. The new normal may be here to stay. At least for the foreseeable future. This isn’t necessarily bad news for the real estate market. The last 2-3 months have produced a record number of transactions as people capitalized on low
Providing meals for busy local front line nurses & medical workers
Doctors, nurses and other medical professionals are our “front line” in the fight against COVID-19. They put themselves at risk each day working directly with patients in need of medical care. Mortgage lenders are also considered Essential Businesses as Critical Financial Services Firms. However, we have been fortunate in that technology has allowed us to
Virtual Mortgages from America’s Mortgage Resource
We’re New Orleanians. And we love high fives, handshakes and hugs as much as anybody. Our favorite part of being mortgage lenders is meeting with clients to talk about their dreams and figuring out how to make them a reality. Sadly, right now it’s best NOT to meet with people directly. There’s no high fives,
Is there anything in the $2 Trillion dollar stimulus package which provides help for real estate agents? Here is a preliminary roundup & summary of information courtesy of Bob Bergeron at Crescent Title. Point #1: Do Real Estate Agents DO Qualify A concern among real estate agents has been their self-employed, independent contractor status. However,