Falling Oil Prices and Its Impact On the Mortgage Industry

The current environment surrounding falling oil prices has affected consumers and producers around the globe, with fear that the recent plunges could cause the home prices to fall as well. However, that’s not the case.

Energy stocks are being compared to the housing market in the U.S. after the subprime mortgage crisis. Triggered by a large decline in the prices of homes, this lead to mortgage felonies, foreclosures and deflation. 

Real estate economists are predicting that mortgage rates will rise in 2015 and investors are buying now instead or waiting for oil and gas companies to regain strength, unlike the housing market during the energy crisis of 1980s.

Still unsure if it’s the right time for you to buy a home? Zeus Mortgage is here to answer your mortgage questions. Let me know your current mortgage concerns in the comments!

Steven Kaufman Reviews | Reviews of Zeus Mortgage President Steven Kaufman

Thank you to Steven for his incredibly lively and supportive talk regarding branding and marketing 

-Marjorie Kass

I really appreciated Steven Kaufman's candor and authenticity.  I just wanted you to know that this chick left Canopy fired up and ready to go and I wanted to thank you for providing a space which allowed that to happen  

-Chriselle Palay

Steven brought a fresh perspective on strategic financial planning by sharing his personal story. It was a pleasure to listen to him and gain knowledge I can use in my own personal journey of growing my business of helping my clients meet their financial goals 

-T.K. Stewart

Steven, Steven, Steven,

Honestly, I already respected your business acumen, however, I do even more now. They say, to know if a person is a true entrepreneur, let them lose it all and build again. WOW!  

You deserve every award and accolade that you've received thus far. 

Thanks so much for coming to share your knowledge with us this morning. I and the group totally appreciated it, and I appreciate you personally. 

I learned some very important things from you and I'm so glad that I brought you in to talk about money.

-Kristi Jackson

You will be serving someone today!

So, I'm not sure if he's saying 

1.)  If you're not serving the customer then you will be serving your competitor, who is, because you're not, serving your customer, or

2.) If you're not serving the customer then you will be serving your superior, who is, because you're not, serving your customer.  

I think the point is clear, I'll will be serving someone and its up to me to decide who. 

-Kaufman 

How to Name your Child after your Profession!

How to Name your Child after your Profession! 

§  Lawyer's daughter:----------------------------Sue 

§  Thief's son:-------------------------------------Rob 

§  Lawyer's son:----------------------------------Will 

§  Doctor 's son:----------------------------------Bill 

§  Meteorologist's daughter:-------------------Haley 

§  Steam shovel operator's son:---------------Doug 

§  Hair Stylist's son:-----------------------------Bob 

§  Homeopathic doctor's son:--------------------Herb 

§  Justice of the peace's daughter:---------------Mary 

§  Sound stage technician's son:-----------------Mike 

§  Hot-dog vendor's son:--------------------------Frank 

§  Gambler's daughter:-----------------------------Bette 

§  Exercise guru's son:-----------------------------Jim 

§  Cattle Thief's son:-------------------------------Russell 

§  Painter's son:-------------------------------------Art 

§  Iron worker's son:-------------------------------Rusty 

§  TV show star's daughter:----------------------Emmy 

§  Movie star's son:--------------------------------Oscar

§  Barber's son:-------------------------------------Harry

Coach's daughter: ........Destiny
Realtor's son: .......Earnest
Electrical engineer's son: ......Kip
Structural engineer's nickname: ....Stud
Technical Engineer's son ..... Chip
Geneticist's son ...Gene
Lumberjack's son:..... Woody or chip
Real estate investor's son:.... flip


AND THE BEST FOR LAST!

§  Mortgage Professional’s boy dog:----------Zeus

§  Mortgage Professional’s boy cat:-----------Doc

§  Mortgage Professional’s fish:----------------HUD

§  Mortgage professional’s son:----------------Freddie

§  Mortgage Professional’s daughter:---------Fannie

§  Mortgage Professional’s 2^nd daughter:----Ginnie

Houston Mortgage Interest Rates - The Impact of Fannie and Freddie Shutting Down (The Coolest Guy in Houston)

Houston weather, traffic, news | FOX 26 | MyFoxHouston

The Steven Kaufman - The Coolest Guy in Houston

How to make 1900% on your money in real estate?

How to make 1900% on your money in real estate?

Get a cost segregation study on your commercial property in Houston, Texas or anywhere the IRS has jurisdiction.

You can write off the value of the building.

You can write off the value of the disposed assets that were included in the original purchase price of the building.

You can write off the actual value of any improvements based on the engineers estimate of the life of the asset.

In short, you're missing out on depreciation that the IRS and wealthy commercial investors are doing that we are not.

Most people will poo-poo the upfront investment for the cost segregation study but that's only because they don't have a grasp of the savings.  You invest 10k and get 70k in tax savings the first year and about 155k over the next 4 years.

I know, I know, the 10k isn't something most investors will pay and these can run much more expensive, but its tax savings for investors who prefer to save or invest their money versus paying it their uncle (Sam).

Great luck!

Steven

The Baldest Guy in Houston

(For more information about Cost Segregation Services then call Dave Smith at 512-876-3650)

Zeus Mortgage is Giving Back to the Houston Community - More than Mortgages

You Might be a Powerlifter if!

You Might be a Powerlifter if…

If you can't count above 5 but can multiply by 45 in your head.........You might be a Powerlifter.

If you think Babypowder on your thighs and chalk on your hands looks cool... You might be a Powerlifter.

If whenever a friend is moving you are the first person they call for help…. You might be a Powerlifter.

If you hear people in the gym talking about someone who looks “very cut” means that there has been a terrible accident…. You might be a Powerlifter.

If most people in the gym don’t like you…. You might be a Powerlifter.

If the word "gear" refers to squat suits, bench shirts, wraps, belts, suit slippers, salts and chalk, not steroids…. You might be a Powerlifter.

If you inhale ammonia instead of using it for cleaning…. You might be a Powerlifter.

If the amount of weight you lift is more important than how cleanly shaven your legs are or how dark your tan is…. You might be a Powerlifter.

If you work at a desk all day and you still have 1/2 inch thick calluses on your hands. …. You might be a Powerlifter.

If the gym owner kicks you out for bending yet another bar while squatting…. You might be a Powerlifter.

If you check squat depth when using the john…. You might be a Powerlifter.

If the doctor tells you that you need more iron in your diet so you throw in an extra set of lock-outs…. You might be a Powerlifter.

If you use a 1 kg plate as a paper-weight on your desk at work…. You might be a Powerlifter.

If you have baby powder in your gym bag…. You might be a Powerlifter.

If it takes 5 seconds for your spirit to re-enter your body after squatting…. You might be a Powerlifter.

If you use the handicap stall for the handrails after your leg day…. You might be a Powerlifter.

If you think of helping your neighbors move their piano as "a set".....You might be a powerlifter…. You might be a Powerlifter.

If you drop something, and go into a sumo stance to pick it up…. You might be a Powerlifter.

If you dismount the toilet like doing box squats (to perfect that explosive power) …. You might be a Powerlifter.

If you get accused by bodybuilders or crossfitters of taking steroids because you're stronger than they are…. You might be a Powerlifter.

The Big Steve Kaufman (The Baldest Guy in Houston)

The History of Houston Real Estate Prices! - Zeus Mortgage Blog

Have you ever wondered how much prices in real estate have changed over the last 100 years? Okay, maybe not, but I thought you might find this gem helpful or at least entertaining. This is a flyer for a home for sale in 1910. This flyer is courtesy of the Houston Fire Museum and shows the cost of building a 6 bedroom house in Houston over a century ago only ran you about $495. Yes, that is four hundred and ninety five dollars. Today's median cost of a new home is around $250,000 depending on who you ask. That's some appreciation... or is it? One thing is for sure, mortgage financing is completely differently today compared to how it was 100 years ago. What you and I regard as “normal” in Houston mortgage programs is completely different since the introduction of the New Deal by President Franklin D. Roosevelt. Programs like Houston FHA mortgage, VA loans, Jumbo and self-employed Super Jumbo loans were non-existent prior to the New Deal. In fact, refinances or cash-outs mortgages or home equity loans were considered lowbrow activities. www.zeusmortgageblog.com

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Prior to the New Deal by FDR, only 4 out of 10 Americans/Houstonians/Texans owned a home. Today the most popular mortgage amortization or term is 30 years, but at the turn of the 20th century 5 and 10 year mortgages were the standard. What about down payments? Well, prior to the New Deal, families had to put down 80% and finance the remaining 20% over the next 5 to 10 years at a national average of 8%. Yes, I said it right... you had to put 80% down!!!!

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Okay, well that's my best attempt at a history lesson for today.

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Enjoy the photo!

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Steven Kaufman

President of Zeus Mortgage

www.askzeus.com

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The Baldest Guy In Houston: Zeus Mortgage Complaints

The Best Houston Mortgage Company