Greg's Blog

To all those that are watching the markets, with the rate reduction in Fed funds of .75 percent, the 400 pt rise in the stock market, and the corresponding, and unfortunate, rise in mortgage interest rates late yesterday, we have to have a little levity in our lives to protect our sanity.Hope all...

I am a modular home dealer and have had a high closing ratio when I send people to the facory for a tour.  With the high price of gas I was thinking of giving a credit card for say $40 worth of gas from a local gas chain.  Your thoughts would be appreciated on this matter?

I just want to thank the fine folks at Walmart.  I have been coming to my model at WI 35 and Hwy. 8 and they are always here to help me in and out of the house (since I have MS).  I know there are people that don't always look kindly on them but they provide products at a good price and help the ...

I have had MS for 9 years now and found it real hard to accept help from others.  Then a very wise person told me "when you let others help you, you do as much for them as yourself".  It has taken me a lot of time to realize this and I am thankful to be able to hear this and realize people want t...

To All,Get ready for the wild ride!!  JP Morgan Chase and the Fed just bailed out Bear Stearns over the weekend for pennies on the dollar!  In addition, the Fed just lowered rates on loans to banks by .25%.  While the rate reduction is helpful, it probably will not be received by lenders as somet...

 During the last 35 years, Wisconsin and Dynamic Homes have maintained a tradition of striving to build the best homes on the market. That tradition coupled with the experience we've learned along the way has resulted in Wisconsin and Dynamic Homes becoming two of the largest and most trusted mod...

  The Financial Benefits of Owning a Home    The Best Investment  As a fairly general rule, homes appreciate about four or five percent a year. Some years will be more, some less. The figure will vary from neighborhood to neighborhood, and region to region. Five percent may not seem like that muc...

Q. What is a reverse mortgage?A. A reverse mortgage is a loan that enables senior homeowners, age 62 and older, to convert part of their home equity into tax-free* income-without having to sell their home, give up title to it, or make monthly mortgage payments. The loan only becomes due when the ...

7. What requirements or restrictions are involved in the reverse mortgage process?Q. Who can qualify for a reverse mortgage?A. Seniors 62 years of age or older qualify. There are no income, health or credit qualifications.Q. I still owe money on a first or second mortgage. Can I still get a rever...

 PART TWO 8. What kinds of reverse mortgages are available?Q. Are all reverse mortgages the same?A. No, actually there are three basic types of reverse mortgages: Federally-insured reverse mortgages. Known as Home Equity Conversion Mortgages (HECM), they are insured by the U.S. Department of Hous...