Archive for February, 2007

Rookwood Pottery, Unique Hyde Park Area Charm!

Amy February 16th, 2007

Does your home have a little piece of Cincinnati history inside? If you live in Cincinnati, chances are good that you or your neighbors’ home just might! Here in Mt. Lookout, Hyde Park and Oakley, almost every other home built in the early 20th century houses a work of art: Rookwood Pottery! You’ve seen it a million times; shopping for a new home, visiting friends, or at a party, a fireplace adorned with beautiful Rookwood tile would likely stand out, and be given attention.

This home in Mt. Lookout showcases its fireplace in the Living Room as the center of attention. This warm, neutral color tile is found in many Hyde Park, Oakley, Mt. Lookout and Walnut Hills homes, even areas of Ft. Thomas, Newport and Covington in Kentucky have fireplace and other focal points made by Rookwood Pottery.

Continue Reading »

Having a second mortgage is bad, right?

Ron February 6th, 2007

I hear this question from 75% of my customers whenever I suggest a second mortgage. This stereotype is often communicated because of phrases like, I had to take out a second mortgage on my house in order to pay for this!

But contrary to popular belief, a second mortgage is a creative mortgage planning tool that is usually reserved for only the most credit-worthy customers. As such, a second mortgage is often the most cost-effective method to finance a down payment, to avoid costly private mortgage insurance, or to make other large purchases.

By dividing up a mortgage loan into two components, like a first mortgage and a second mortgage, I show my clients how to minimize the amount of interest and private mortgage insurance that they pay. To demonstrate with a specific example:

Continue Reading »