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What Mistakes Do Mortgage Shoppers Make?
October 23, 2000 "I am about to shop the mortgage market. Can you give me a handy list of the mistakes I need to avoid?" Here are some of the worst. Select The Loan Provider Offering The Best Price Over The Telephone Or In The Newspaper If you cast a wide net, you ... more...

Shopping For a Mortgage On-Line
September 19, 2005, Revised December 5, 2005, Revised January 12, 2005 This article is on the why, which, and how of shopping for a mortgage on-line: why seek a mortgage this way, which sites are the best, and how do you shop effectively?  Why Shop For a ... more...

buying house property home market information loan credit related definitions

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

Credit Report
Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more...

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Buying or Renting: The Big Decision
For many people who are renting, the big decision they have to make is whether to make the jump to buying a home. A lot of people dont do it - theyre worried about pitfalls of home ownership or the hassle. But it can be well worth it to own your home in the long run.First, owning your own home ... more...

Should You Allow Buyer To Rent During Closing?
It's not uncommon for an investor to sell a house and have the buyer request the right to rent and occupy the property while the closing is being completed.You're a bad guy if you refuse and often in hot water of you agree. Here are the potential problems with renting before closing:1. Buyer is ... more...

How To Get Top Dollar For Your Home Fast
1. Time is money when selling your homeAfter you've made the decision to sell your home, the longer it remains unsold on the market, the more it costs you. Many home sellers feel it's very important to receive close to their full asking price. But they overlook the additional months of carrying ... more...

Owning a Vending Machine Business
The first thing to consider when starting your own vending machine business is that it is not for slackers. It takes work. Just because you are going into business for yourself, will have no boss to deal with, and pretty much determine your own plans, that doesnt mean the vending machine business ... more...

Why Choose a Secured Personal Loan?
Listed below are some of the many reasons why you should choose a secured personal loan. A secured personal loan is often referred to as a homeowner loan. A secured personal loan is secured against your home to act as security to the lender for the money you have borrowed.It is a low interest loan ... more...

Ready to Sign that Lease Agreement?
The real estate market is booming across the United States, especially in select areas of California as well as Las Vegas. Even the sleepy town of Boise, Idaho is experiencing record breaking primary residential development. Where ever you happen to live, you have probably noticed its not so easy ... more...

Buy to Let Property Investment
In recent years buy to let has been a popular way of investing in residential property. Stock markets are out of favour with many investors who have seen the values of their portfolios, endowment policies and pension funds shrink, whereas property has generally continued to rise in value. Interest ... more...

A No-Brainer Way Of Getting Credit And Credit Cards
What Is Your Credit Rating Now?If you have any charge accounts now, or have ever borrowed from the bank to buy a car, or if you ar paying on a mortgage, there is credit information on you.Up until a few years ago, you could only guess at what your credit rating was, because the credit bureaus who ... more...

Tips for Getting Your Home Loan Approved
Home Loan Tip #1 Pay Your BillsIt is very important that you always pay your bills on time and never miss a payment. When you have this type of history paying bills your mortgage lender will believe you will be just as responsible with your home loan. If you want to be approved for a home loan, be ... more...

Real Estate Investment - When, What and Where?
Like economy and stock market, real estate often runs in cycles of approximately 7-10 years. The value of real estate often goes up for a few years, tops out, keeps flat or goes down for 2-3 years. The availability of low interest rate mortgage and recovery of economy will eventually jump-start a ... more...

You Don't Have To Be Rich To Be A PC Gamer
There is a common misconception that you have to take out a second mortgage on your house if you want to get a computer that will run all of the latest and greatest games. I don't know who started the rumor that you need to spend $3000 to get a gaming computer. The truth is, if you are smart ... more...

Investor Guide to Financial Health
Step 1: Spend less than you earnPerhaps the simplest financial concept is the toughest for us to conquer- spend less than you earn. After paying your living expenses (bills, loan and mortgage payments, cost of food, charitable contributions, taxes, etc), you can begin to save and invest toward your ... more...

Pre-Approval Letter How To Use It To Get Your Dream Home
When house hunting, many buyers make the mistake of waiting to contact a lender until after they have located their dream home. As a buyer, you will be in a much stronger position with a seller if you are pre-approved.Pre-Approval LetterTo effectively house hunt, you must know the amount you can ... more...

When is the Best Time to Move?
As Realtors, we are often asked, "When is the best season to move?" This is a tough question, one we cannot answer for you. Most people are asking about price, do they fluctuate throughout the year? NO. Just the number of homes on the market changes; of course the number of buyers changes as well. ... more...

10 No Money Down Ways to Buy Real Estate
Turn the Television on any Sunday morning and youll find yourself in the middle of a how to buy real estate infomercial. Can you really buy a house with no down payment? Can you really make thousands or millions of dollars buying real estate. Of course the answer is yes and no. The real question is ... more...


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