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- First Time Buyer -Dont put the Cart before the Horse - by Submitted on Sep 09, 2009 from Christopher ShawAs I tell all my clients don't put the cart before the horse. In other word don't go shopping until you have the cash or you've secured financing. A lot of people do this which can sometimes backfire and lead to frustration and disappointment. First of all, say you start looking and find a ...
Views: 1325(1 vote) - First Time Buyer: Can Full and Part Time Real Estate Agents Be Equal? - by Submitted on Jan 15, 2010 from Christopher ShawI know that I am going to step on a lot of part time toes, but I must speak on the facts. Would you want a part time obstetrician to deliver your baby? No? Then its highly unlikely that you would want a part time agent when you are buying a home. I know it may sound a little extreme however, ...
Views: 1261(1 vote) - First Time Buyers: Credit Tip of the Week How to Use Secured Credit Cards - by Submitted on Oct 13, 2009 from Christopher ShawFirst Time Buyers: Credit Tip of the Week Secured Credit Cards The use of a secured credit card can and will build your credit over time, it is not an overnight fix to your past credit woes. What is a secured credit card: “a credit card that is issued to a consumer that is tied to their ...
Views: 1292(1 vote) - First Time Buyers: Honeymoon or Homeownership? - by Submitted on Jan 21, 2010 from Christopher ShawAh, love is in the air. That greatly anticipated question has been popped and answered, the invitations have been chosen and the wedding party is set! You are now preparing to embark upon a new life together. The happy couple have many important decisions to make during this time. One very ...
Views: 1236(1 vote) - First Time Home Buyers Guide – Where to Start, What to Expect & How to Properly Budget - by Submitted on Jul 09, 2010 from Aaron GarciaBuying your first home is an exciting event, and as someone who has recently bought a home, I can tell you that it is more than worth all the time and effort that goes into it. But if you are anything like me, you might not know where to start. Do you start by finding a real estate agent? Do ...
Views: 2087(4 votes) - Home Loan Modification Approval - The 3 Things You Must Do - by Submitted on Jun 10, 2010 from Krista ScruggsGetting approved for a home loan modification can be a confusing process. Most homeowners won't need to pursue mortgage relief more than once or twice in their lives, and thus few individuals seeking loan modifications are familiar with the steps involved in getting approved. This is ...
Views: 1224(5 votes) - How Does a Reverse Mortgage Work? Understanding Servicing, Refinancing and Payoffs - by Submitted on Apr 21, 2012 from Abby ReynoldsWhen most seniors ask, “How does a reverse mortgage work?” they are really asking how to apply and qualify for a loan. For many seniors, qualifying is the simple part. To qualify for a federally-insured reverse mortgage, or Home Equity Conversion Mortgage, seniors must be 62 years of age, own ...
Views: 1331(1 vote) - How Reverse Mortgage Lenders Differ in Terms of Quality and Affordability - by Submitted on Apr 21, 2012 from Amber LadlieMany consumers think of lenders as the enemy. They are the ones charging expensive fees, giving borrowers high interest rates and, when it comes to reverse mortgages, taking advantage of seniors. Fortunately, this could not be farther from the truth. Reverse mortgage lenders are a senior’s ...
Views: 1288(1 vote) - MLM Secrets| Network Marketing – 6 Simple Tips to Success! - by Submitted on Dec 10, 2009 from Kenny GreggNetwork Marketing is a business model that is about utilizing your network and building new networks of distributors and customers to be able to conduct the sales of products and or services. It is usually performed by an individual instead of a company. There are key MLM Secrets that should be ...
Views: 929(1 vote) - Mortgage Driven Bankruptcy Filings Against the Backdrop of an Amended Bankruptcy Code - by Submitted on Apr 14, 2009 from Krista ScruggsBankruptcy used to be the stigma laden option for consumers who were simply too deep in debt to find a way out. In the past Chapter 7 filings could lighten the debt load for filers by simply doing away with credit card bills and other unsecured loans. In some cases, homeowners could even keep ...
Views: 1086(1 vote) - Need Answers Fast? Use a Reverse Mortgage Calculator to Answer Basic Questions - by Submitted on Apr 21, 2012 from Abby ReynoldsWhile some seniors plan on using a reverse mortgage as a retirement tool, many others are still on the fence. By now, many consumers know that reverse mortgages are loans that allow seniors over 62 years of age to convert a portion of their home equity into cash. Many consumers also know that ...
Views: 1501(1 vote) - Once Upon A Real Estate Equity - by Submitted on Aug 22, 2011 from Tony PhillipsOwning land (acreage), real estate equity, has always been considered a reliable indicator of a certain amount of wealth; that the land owner was relatively well-to-do. In fact, the desire to own land was such a top-tier priority in olden times that Barons (noblemen), during the middle ages ...
Views: 1251(1 vote) - Refinance Your Mortgage - by Submitted on Sep 09, 2011 from Dennis SuribaIt is crucial to regularly check the wellness of your home loan. Why? You would like to help save just as much cash as possible. A home loan check can help you determine whether your present mortgage loan is still accomplishing its part to help you to save money. There are several life-changing ...
Views: 910(1 vote) - Reverse Mortgages: The Who, Why and When - by Submitted on Apr 21, 2012 from Amber LadlieReverse mortgages are unique loans that give seniors the opportunity to withdraw a portion of their home equity and defer payment until their home is sold. Unlike other loan products, these loans carry strict age requirements. To qualify for a reverse mortgage, borrowers can be no younger than ...
Views: 1038(1 vote) - Thinking About a Loan? Try a Reverse Mortgage Calculator - by Submitted on Apr 21, 2012 from Abby ReynoldsHome Equity Conversion Mortgages (HECMs) remain popular with seniors interested in making the most of their home equity during retirement. While many of the requirements necessary to qualify for an HECM are clear, others are somewhat hazy. Seniors who are interested in these loans often wonder ...
Views: 1170(1 vote) - To Rent or Buy? That is the Question. - by Submitted on Jan 14, 2010 from Christopher ShawThe decision to rent or to buy a home is not as simple as it first appears. As you may already know, buying a home definitely has it’s advantages. However, the answer has more to do with your individual circumstances. For the first time home buyer who may be nervous and unsure whether to ...
Views: 1322(1 vote) - Top 5 Reasons First Time Home Buyers Should Use FHA 203(k) Loan - by Submitted on Jan 31, 2010 from Christopher ShawI Guess I really can’t say this enough, today’s market is prime and ripe for the first time homebuyer. There is a surplus of homes on the market due to the overwhelming “down pour” of foreclosures. Included in that surplus are a lot of great deals, particularly “fixer uppers”. The FHA 203(k) ...
Views: 1338(2 votes) - Understanding Mortgage Rates & Arm Mortgages - Tips You Need to Know - by Submitted on Sep 21, 2010 from Diana EnnenMortgage rates have declined to historically low rates. Couple that with plenty of real estate homes on inventory and it can be a great time to invest in real estate. In addition to the option of plenty of homes, you now have multiple options to your mortgage as well. For example, aside from ...
Views: 1254(6 votes) - Understanding Reverse Mortgage Insurance Premiums: Is Insurance Really Necessary? - by Submitted on Apr 21, 2012 from Abby ReynoldsSeniors who take advantage of the reverse mortgage programs offered by the Department of Housing and Urban Development (HUD) will be expected to pay two distinct mortgage insurance premiums. The first will be an upfront mortgage insurance premium, or MIP, that is collected by the Federal ...
Views: 1214(1 vote) - What is a Loan Modification & How Can I Successfully Negotiate One? - by Submitted on Aug 05, 2009 from Justin BartlettWhat is a Home Loan Modification? A successful mortgage loan modification is a process whereby the terms of the existing mortgage are modified to new terms that are more agreeable to the homeowner and lender. What’s the basic idea behind loan modification agreements ? How does this ...
Views: 1356(2 votes) - When a Reverse Mortgage for Purchase Is the Most Beneficial Option for Seniors - by Submitted on Apr 21, 2012 from Amber LadlieSeniors are commonly told that reverse mortgages are not short-term loans. If an individual plans to move in the next few years, a reverse mortgage will probably not be his or her most economical option. In the past, seniors who planned to move in the near future did not have a reverse ...
Views: 1099(1 vote) - Tips on Shopping For A Home Loan - by Submitted on Jul 09, 2010 from David WhiteWhen shopping for a home mortgage loan, it is important to make sure that you compare mortgage loan offers to see if you are getting the best deal. But for many home owners comparing mortgage loans is not an easy task. Below are some easy steps so you can do to compare several different home ...
Views: 1088(4 votes) - Why Use a Realtor when Buying, or Selling, a Home? - by Submitted on Jul 09, 2010 from Greg FordAllison was looking to buy a condo. She found one that she really wanted. The seller would provide owner financing. He said she could get the best deal if she did not use a real estate agent. Allison really wanted it and they signed a contract. She completed the down payment, and closed on the ...
Views: 1800(3 votes) - 4 Tips to Help with Loan Modification and Avoid Foreclosure - by Submitted on Oct 25, 2010 from Jeremy SelbIf you are facing financial problems due to the recent recession you may be in need of loan modification to help you deal with it. Loan modification is a safe way to get you back on top of your financial situation and quite possibly save you from the foreclosure process. Many people have lost ...
Views: 1181(4 votes) - Easy Solutions For Foreclosure - by Submitted on Oct 25, 2010 from Jeremy SelbWith our economy and the real estate crash to many people are familiar with the word foreclosure. This phenomonon has not ended, people are getting foreclosure notices still today. When you experience this process you tend to learn the things that could have been done but of course it is to ...
Views: 1258(4 votes) - Employment and The Future of Home Ownership - by Submitted on Aug 26, 2010 from Judith SellensCalifornia Home sales peaked in May 2005 and crashed in January 2008. Will it take the housing market ten or twenty years to correct? Texas housing values crashed in the end of the 1070s. Texas required ten years to recover. Past United States recessions were shorter than our present one. ...
Views: 1187(7 votes) - Mortgage Help with your Highlands Ranch Home - by Submitted on Feb 23, 2012 from Frank ScharnellAffecting our Local Highlands Ranch Homes When the mortgages in housing slipped it really hurt the market, but luckily there are programs emerging to help people stay in their homes. Locally, Highlands Ranch Homeowners along with many others were asking for some sort of help from them. Many ...
Views: 1463(1 vote) - Real Estate Deals – 3 Things That Can Make Them Fall Through - by Submitted on Oct 01, 2012 from Paul KlineAre you planning to sell your home anytime now? The real estate market is certainly looking up these days and you are sure to have met lots of prospective buyers for your property. However, you do have to be forewarned that this doesn’t necessarily mean that you’ll make a sale. There are ...
Views: 2441(1 vote) - Reverse Mortgage Information: Choosing a Payment Option - by Submitted on Apr 22, 2012 from Brittney ParksSeniors seeking reverse mortgage information will quickly notice that these loans are highly flexible. Not only do seniors get to choose from different loan products and interest rates, but they also get to choose a payment option. Currently, Home Equity Conversion Mortgages (HECMs) offer ...
Views: 1254(1 vote) - 5 Facts Why Reverse Mortgage Cost Will Always Be Covered - by Submitted on Dec 10, 2011 from Juhani TonttiHave you also heard rumours, that the reverse mortgage cost can grow bigger than the value of your home? And that a senior or his heir must pay a part of the reverse loan from his own wallet? These are myths, so read the facts! These myths or rumours grow easily, because the reverse mortgage ...
Views: 888 - Can A Senior Lower Reverse Mortgage Cost, Are Better Terms Ahead - by Submitted on Dec 10, 2011 from Juhani TonttiHave you also thought, that some other economic time is better and you could lower the reverse mortgage cost? Have you thought, that the accrued costs, like interest rate, will be decreased in the future? The basic difficulty is, that the future forecasting is difficult or even impossible. ...
Views: 879 - Choosing the Right Mortgage (Housing Loan) for YOU - by Submitted on Aug 24, 2010 from Craig LockArticle Title: Choosing the Right Mortgage (Housing Loan) for YOU Shared by: Craig Lock Category (key words): Personal Finance, Mortgage, Mortgages, Mortgage loans, Housing Loans, Financial Mortgages, Financial Success, Money, Money Management, Finance, Financial Independence, Mortgage, ...
Views: 1232 - Dealing with Mortgage Repayment Difficulties - by Submitted on Jan 29, 2012 from daxen stewartHomeowners struggle with mortgage repayment for various reasons. Unemployment, serious medical illnesses and other financial emergencies that drain a household budget make it difficult for homeowners to make mortgage payments on time. Although mortgages are "priority debts", the lender can ...
Views: 978 - The Unique Potential Of Loan Modifications - by Submitted on Sep 18, 2008 from Krista ScruggsWith foreclosures plaguing the mortgage industry and a softening real estate market making it virtually impossible for homeowners with their backs to the wall to quickly unload properties they can no longer afford, there is a new foreclosure avoidance tool making the rounds. Termed a loan ...
Views: 751 - What is a business line of credit? - by Submitted on Mar 09, 2022 from Mathew PhilipA business line of credit is certainly an unsecured and ready source of funds provided by a lender or banking institution. These funds can be used for business as well as personal needs by the applicant. The applicant can borrow or withdraw funds from the line of credit loan. It can be done ...
Views: 447 - 15 Reverse Mortgage Myths Revealed - by Submitted on Feb 29, 2012 from Chris BeardWhile reverse mortgage loans are becoming more popular there are still a number of fallacies about them that need to be cleared up. These misapprehensions are not the only ones you will find. The ones listed in this article however are the most prevalent. This article will focus on clearing up ...
Views: 1309 - 2011 Preview: Foreclosures Imminent - by Submitted on Jan 11, 2011 from Total MortgageThis upcoming year is unlikely to be a good one for the housing market. There are many reasons for this conclusion. Yesterday, in a blog post I discussed the inevitable drop in the values of homes in 2011. This article, I want to talk about what seems like another 2011 inevitability: a rise ...
Views: 873 - 2011: The Year of Foreclosure? - by Submitted on Jan 11, 2011 from Total MortgageNext year is not likely to be a good one for the housing market. The reasons for this are multifold. In a post yesterday I discussed what I see as an inevitable decline in home values in the coming year. In this post I want to discuss what I see as another 2011 inevitability: an increase in ...
Views: 873 - 3 Essential Mortgage Refinance Secrets You'll Need To Pick The Right Home Loan - by Submitted on Apr 18, 2012 from Suzain dawnAlthough lowering your monthly mortgage payment is always attractive, don't let a slightly lower mortgage rate fool you. If you're not careful when thinking about a mortgage refinance, you could cost yourself more in expenses than what you save in monthly payments -- and not even know it. (Even ...
Views: 1317 - 3 Reasons Why Not to Skip on Getting Multiple Moving Company Quotes - by Submitted on Aug 06, 2019 from David BrownWe all agree that moving is stressful but how important do you think getting moving company quotes is to you and your relocation? Many people don't realize that getting and comparing moving estimates can be all that stands in between having a successful hassle-free move and having to deal with a ...
Views: 562 - 3 Things Your Pet Needs From The Home You Might Buy - by Submitted on Sep 28, 2017 from Brooke ChaplanWhen putting together a list of features you would like to have in a future home, you need to take the needs of any pets into account as well. More and more people are doing this, actually, and pets now outrank both marriage and kids as a reason why young people are beginning to buy houses. So ...
Views: 1513 - 4 Excellent Tax Saving Instruments That You Should Know - by Submitted on Aug 13, 2018 from Arwind SharmaWith each new financial year, a whole list of concerns gets renewed along with the calendar. Working professionals, particularly, have quite a big concern to address—tax payments. This is usually the time when employers come knocking, looking for receipts for tax-saving investments you’ve ...
Views: 1205 - 4 ways to get a Lower Loan Against Property Interest Rates - by Submitted on Jan 09, 2019 from Arwind SharmaThe loan against property (LAP) can help you cover all bigger expenses.Yes, right from financing your children’s overseas education or wedding expenses, it can include all. Yes, the loan against property is a handy financial tool that can help you accomplish all your personal and professional ...
Views: 1148 - 4 Ways You Can Help Your Adult Children Achieve Home Ownership - by Submitted on Jun 02, 2017 from Brooke ChaplanAs a parent to adult children, you probably want to see your children become settled, successful and happy. One part of this, for many people, is to own a home. However, for various reasons, it is becoming more and more difficult for younger adults to buy their own houses. If you are wondering ...
Views: 1096 - 401k loan - Is It The Right Choice To Pay Off My Second Mortgage? - by Submitted on Jan 24, 2008 from Samantha TaylorScenario: I am planning to take out $40,000 out of my 401k Plan account to pay down my second mortgage debt. I thought it will be good enough if I pay myself the interest instead of paying it to the bank. I’ve made necessary calculations and I’ve found that I’ll be able to ...
Views: 3749 - 5 Biggest Home Staging Mistakes That Cost You the Sale - by Submitted on Mar 26, 2015 from Janet VothAre you putting your house on the market? As I'm sure you're aware, first impressions are vitally important to prospective buyers. From the moment people walk in, they start making a decision about your home and what it would look like if they lived there. So how can you make your home ...
Views: 1550 - 5 Effective Ways to Find the Best Mortgage Lender in Phoenix, AZ - by Submitted on Jan 12, 2021 from lean jackFinding the best mortgage loan is not only about the lowest rate that you can find. The company culture also plays a role because it is important that you feel comfortable dealing with them and trust them on their recommendations. There are a lot of Phoenix mortgage lenders but the one who you ...
Views: 604 - 5 Golden Tips to Improvise your Loan Against Property Eligibility - by Submitted on Oct 12, 2018 from Arwind SharmaFinancial troubles can knock on your door at any point in time. During such times, loans are the best option to overcome the financial crunch. They are easy to avail and give you the freedom to use it for multiple purposes. While a personal loan could serve the purpose, a loan against property ...
Views: 1157 - 5 Methods For Protecting Your Mortgage - by Submitted on Jun 01, 2011 from Carla GhosnGiven the current condition of the American economy, the loss of a job and along with it one's primary source of income is a very real and present risk. This is a fact that has unfortunately hit home for millions of people across the United States. This is not the kind of thing that anyone ...
Views: 848 - 5 Things To Consider Before Selling Gold Jewellery - by Submitted on Jun 05, 2017 from akhilash P5 Things To Consider Before Selling Gold Jewellery When you come across, you will find that it’s very colloquial situation in India that whenever there is urgent requirement of cash, people turn to monetize their gold ornaments. In majority of the situation, it looks like money collected by ...
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