AgentMortgage

Right mortgage a ‘holistic’ choice

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Most things in life can be thought of in terms of real estate. Pop-songs' catchy hooks intrude on my mental real estate. Freeway mazes are wonders of utilitarian architecture, making the most of the real estate they occupy. I've been known to cast a critical eye at drivers who leave excessive space in bumper-to-bumper traffic as poor uses of -- you guessed it -- real estate. So it's no wonder that when I read an article about the foreclosure of a domain name, I couldn't avoid seeing the parallels with the foreclosure wave of the last few years.The gist of the story is this: Some folks wanted to buy what is reportedly one of the most valuable domain names on the Internet, Sex.com, to run a business capitalizing on all the traffic that goes there when people, uh, type Sex.com into their Internet browsers. Go figure. Anyhow, the domain name came up for auction and the winners reportedly bid about $14 million dollars -- financing their purchase with what was essentially a mortg...