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Archives for the ‘Home Equity Line’ Category

Equity Lines being Frozen

By David A. Podgursky, MBA • Mar 27th, 2008 • Category: Home Equity Line, Residential Mortgages, South Florida Info

If you are a homeowner with a Home Equity Line (HELOC) in Florida you surely know that Bank of America and other banks are freezing  or shrinking your available funds.
In a response to the market drop and shareholder pressure, Banks have decided that the need to keep a handle on the extra debt that they […]



Real Estate, Investment and your Primary Residence

By David A. Podgursky, MBA • Dec 13th, 2007 • Category: Home Equity Line, Residential Mortgages

Diversify Diversify Diversify… that’s the mantra of today’s Financial Planner.  Many people disagree with that quote - big notable investors like Trump, Buffett etc…
But that’s what we’re taught… diversification reduces risk and increases return over the long term.
But … when we’re talking about our Primary Residences and diversification, are traditional Financial Advisors barking up […]



Florida Mortgage | Refinance ~ Purchase ; Money Saving Tips

By David A. Podgursky, MBA • Oct 5th, 2007 • Category: ARM, Home Equity Line, Residential Mortgages

So you’re finally purchasing that new home since the price is down or your ARM Loan’s Adjustable Rate is about to jump so you’re going to finally get a new mortgage.   Well, you are in luck if you are going to start your transaction right now! 
Why?  This is the ideal time of year to start the […]



Florida Mortgage Loans | Equity Line for Hurricane Preparedness

By David A. Podgursky, MBA • Jul 16th, 2007 • Category: Home Equity Line, Residential Mortgages

Hurricane Season is upon us once again in South Florida.  People are checking their rations, stocking up on bottles of water, vital medicines and cans of tuna, buying batteries by the case and trying to meet the Hurricane VIP - the neighborhood roofer!  All the while they are forgetting to have ready CASH in an emergency - cash […]