Super Liens Explained

What is a super lien? If a homeowner does not pay homeowners’ association (HOA) fees and special assessments then the HOA can file a lien that will attach to the property.  In certain states however, homeowners’ association liens are given “super lien” status. A super...

How To Measure The Growth Rate

There are many people that have no idea on how well or how poorly their investment is doing and really don’t have any idea on how to measure the growth rate over a set period of time. I ask clients did you really make money and how much and many times the answer...

What is a Fiduciary?

I wanted to talk about the real story on who is a fiduciary and who is not. In the financial services industry, there are brokers and there are advisors. There are people who sell products and there are people who sell knowledge. There are people who look out for...

Secured Versus Unsecured Debt

In the case of unsecured debt, a lender loans money without having an underlying asset attached to it but simply the personal guarantee of the debtor. For this reason the unsecured debt is risker for the lender since if the person stops paying there is little recourse...

Mortgage Versus Deed Of Trust

A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by individuals and businesses to make large real estate purchases without...