“Pillow Top?” Actually, More Like “Pillow Bottom” I wouldn’t rip up perfectly good carpet to do it, but . . . assuming the Seller is already planning on replacing especially worn or dirty carpeting, I would recommend splurging on a plush (read, thick) carpet pad to go with. Added cost: a couple hundred bucks, max....Read More
Portfolio vs. Securitized Mortgages OK, so that’s not exactly how the Alexander Graham Bell quote (headline above) goes. But, it applies — sometimes — to mortgages. Specifically, there are numerous situations where what’s called a conforming, “conventional” loan — intended to be re-sold (securitized) on the secondary market — isn’t feasible, but a “portfolio” loan held by the...Read More
