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Monthly Archives: January 2011

  • The Difference a Day Makes

    The Difference a Day Makes

    A man was selling a property which was currently rented but had previously been his home for over two years.  After discovering it had been rented for the last 2.5 years, it was asked if he had planned on taking the principal residences capital ga...
    Written by InTouch
  • Equity is Forced Savings

    Equity is Forced Savings

    Equity is simply the difference in an owner's unpaid balance and the value of their home.  Amortization and appreciation contribute to the equity over time.  The equity is usually realized when the home is sold but it can also be accesse...
    Written by InTouch
  • Daddy…You’re the Best!

    Daddy…You’re the Best!

    A young couple was looking at a home for the third time and had invited their parents to see it.  The dad had quickly assumed his self-appointed role as tire kicker and was talking about how expensive mortgage rates were compared to what a ce...
    Written by InTouch

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