When I was around 10 years old, my parents decided to start a real estate business in our home. They were originally going to call it Cobra Realty (ring, ring: “Cobra Realty, hisssss“), but that’s a story for another day. My grandparents were in real estate, as was my Aunt, so it wasn’t too surprising that our family gatherings consisted of discussions about escrow, locations, mortgages, and the market. My sister eventually worked in commercial real estate herself. me, I just listened, learned, and continued to drift through life. But this left me with a much greater understanding of home ownership than the average kid, which has translated to the same holding true as an adult.
So, I’ve been paying attention to all of the mortgage “disaster” news of late not because I’m a homeowner, or because I expect to be one any time soon, but out of habit. My various homeowning friends are all shocked that such a thing could occur. I remind them that I’ve been predicting it for years. Americans just don’t pay attention when it comes to buying or financing a house. Most just assume it’s a natural progression and trust their broker to guide them through the process. The results are evident on every newscast these days.
There’s simply no excuse for real estate ignorance these days, if you’re considering getting a California mortgage any time in the next 10 years, then start doing your research now. 30 years ago, we didn’t have access to the instant and in-depth information that California mortgage brokers now make available on their websites. They’ve got mortgage calculators, mortgage news, and access to personal experts to help tailor your mortgage solutions, not to mention, everything you’ve ever wanted to know about California mortgage loans, but didn’t know who to ask.