Need a debt reduction program? You are not alone. Here are 5 tips on reducing debt that you can do right now.
About 0% APR Credit Cards
APR, (which stands for annual percentage rate), is an important factor when deciding what credit card you want to sign up for. Specifically defined, APR is simply the rate of interest you will be charged by your credit card company. Credit cards offer a variety of approaches to APR. Some will offer you a fixed-rate APR, so youll be paying at a particular interest rate for the whole time you have a balance. Others will offer you an introductory APR. You start off with a very …
Tax Advice: Middle Class Tax Shelters Everyone Can Use, Many Dont
Tax benefits from home ownership come in the form of deductions. It’s better to put your money into a house that you own than into a rent check you never see again. Financing your home can save money on your next tax return and so can the purchases made using money received from refinancing a mortgage.
Sell Your House At Fair Price
Nowadays, home buyers are having more choice about the homes they will buy. In the real estate market, competition is tough now to find a buyer that sees the potential in a home that needs a little work, without substantially lowering your asking price.
There is a reason why you cannot get a fair price. In many cases buyers expect your home to be in ‘move-in’ condition before parting with their money. They see new carpets and freshly painted walls in showrooms and are jud…
Is refinancing worth it?
Is refinancing really worth it? Are you stuck and don’t know wether or not you should refinance? This article outlines the pros and cons of refinancing your property
The Source Of Mortgage Money
Where does mortgage money actually come from? When you get a $500K mortgage, who actually writes the checks? Most people have no idea. Does it come from a bank? Does it come from the government or some large quasi-governmental agency like Fannie Mae or Freddie Mac? It all seems so confusing and the numbers are so big that they become abstract. But an understanding of where the cash comes from is the first step to understanding how the mortgage industry operates.
You can ef…
Zero Down Payment Mortgage Loans
The days of most home owners putting ten percent down on a 30 year mortgage are long gone. One new option is zero down payment mortgage loans.
Servicemembers Civil Relief Act (SCRA) Common Questions
Reservists, guardsmen and other military personnel can find answers to questions about mortgage payment relief and protection from foreclosure provided by the Servicemembers Civil Relief Act of 2003 (formerly The Soldiers’ and Sailors’ Civil Relief Act of 1940).
Reverse Mortgages A Tax Free Income For Senior Citizens
I fully realize if it sounds too good to be true, it probably is and There Aint No Such Thing As A Free Lunch (TANSTAAFL) immediately jumped into your head when you read the title of this article. However, if you are 62 or over, you may have just found the goose that laid the golden egg.
Home Mortgage Loan Mistakes Most Homebuyers Make
For your home mortgage loan it is critical to find a loan officer you can trust to review the options available to you and the best possible rates for your financial situation. Only a responsible loan officer can give you all of your options in an understandable way.
Locking In The Interest Rate On Your Mortgage
Many people purchasing homes are surprised to learn how quickly interest rates can change. This brings up the subject of locking in the interest rate on your loan.
Build Equity By Choosing The Right Mortgage
Homeownership is the key to building wealth for most people because it is an involuntary savings account. As you pay down your mortgage each month, the value of your interest in the home rises.