Real estate investors can be broken down into three categories with the distinctions between them based on the length of time the property is held. On the short end, you’ve got flippers. These guys look for properties on the cheap, maybe put some money into fixing them up and then selling for a profit. For the most part, they have no intention of renting the property out and work as quickly as possible to complete the deal. This category represents a lot of the people chasing…
Credit & Credit Scoring
Credit scores play an incredibly important role in our lives yet few of us truly understand where they come from and how theyre calculated.
Comparing Mortgage Lenders
When it comes to mortgage lending, checking and comparing the different lenders is the most difficult task. There are a number of charges applicable though, for every step of the procedure involved. Mortgage packages include the opening and closing costs, the quoted rates and the interest applicable. It is necessary to investigate the Mortgage Insurance, credit and cash reserve, lock-in period and the floating interest, before making a final decision. Thorough research is ver…
Consolidating Credit Card Debt
Todays consumer society is driven by easy short term unsecured debts. Most of these are related to credit cards. You may find yourself in a dissatisfactory financial situation if you fail to maintain a balance between your income, and your expenditure. If you have credit cards, you need to know how to manage your transactions, as well as the credit limit. Otherwise you may end up in a credit card mess.
Can Zero Down Mortgages Work For You?
Recent trends in the mortgage industry have now come up with a way for you to be able to get a home with zero down. This means that it has now become much easier to get the house of your dreams and not have to save for years in advance. It also applies to first-time home buyers, too. Here are some things you need to know about the zero down financing for your home.
Lose The Stress Of Debt With A Sale And Rent Back Scheme
In the fast-paced uncertainty of the modern world it’s all too easy to fall behind with payments until one day you realize you have serious debt problems. So if you’re living from paycheck to paycheck and suffer the constant gnawing worry that your property will be repossessed, you really need to sort out your debt problems quickly. If you’re a homeowner, a very attractive option is sell and rent back. So if debt is making your life unbearable, consider the many advantages of this scheme.
For Sale By Owner Purchase Contracts
Deciding to sell your home will save you thousands of dollars in realtor commissions. In exchange, you need to understand subjects such as a purchase contract.
Contracts When Selling Your Home Without An Agent
A recent survey revealed that approximately 30 percent of homeowners intend to sell without a real estate agent. I bet more would if they didnt fear the contract side of the process.
Finding the Minnesota Mortgage Broker That is Right For You
Whether buying a new home or refinancing, here are some great tips to find the Minnesota mortgage broker that’s right for you…
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…
What is Financial Securities
It is true that bankers also invest money in securities, and that some of these are foreign.
Why Bounced Cheques Mean Bad Business
Small businesses rely heavily on maintaining a good cash flow and having their clients pay on time. So when half of the UK’s small businesses are suffering from poor cash flow that is bad news for small businesses.