HOUSTON – It was a simpler time when Edward Mahar bought his home in 1980. He has lived there ever since in southwest Houston.
“It was procedurally easy and we had a Realtor involved and basically the process was getting bank approval to buy the property,” says Mahar.
There were no mortgage swaps or complex transactions in the financial market that could leave your head spinning as is the case currently. For years, he knew exactly who held the note on his property.
“Since two years ago, everything is complicated,” says Mahar.