What You Don't Know About The Real Estate Process, Some Inside Secrets
Some people in the real estate industry have a terrible reputation. Why, because they deserve it. A lot of hard earned money trades hands and if things go wrong that leaves a very bitter taste in the injured parties mouths.In real estate most people stay in the house for a long time. If they don't, ... more...

Home Equity Loan Refinancing
If you have lived in your home for more than two years, it has probably appreciated which means that you have built up equity. What is home equity? Home equity is the difference between the value of your home and the amount of all that you owe on your home. If your home has an appraised value of ... more...

Home Loans and Mortgages Shop Around for the Best Deal
The real estate market has been booming in the U.S. for some five years now and a record number of Americans now own their homes. The mortgage industry has recognized the fact that people have all kinds of needs and incomes and has provided an impressive array of different types of loans. In ... more...

Foreclosure Scams To Be Aware Of
Homeowners facing foreclosure should be aware of unscrupulous lenders and scammers. Dont get me wrong, most lenders and agencies are reputable and legit. However some lenders, commonly second mortgage issuers will use unethical practices that increase the risk of nonpayment by the borrower. These ... more...

Home Buyer 10 Extra Costs Above the Sales Price
1)Mortgage Application, Brokers Fees, and Points These costs can amount to thousands of dollars some like the application fee are poc (paid outside of closing) $200 to $500 depending on the lender. Broker fees a percentage of the loan are sometimes waived or rolled into the mortgage. Points .5% to ... more...

What I Know About Trump, Koch and Anyone Who Owns Property
Did you know that Donald Trump and his companies have approximately 300 hundred files in New York public records. A lot of them were UCC initial, assignment, continuation or termination.Other files include mortgages, assignments, declarations, certificates and deeds. Some are condominium sales. One ... more...

Fees Paid To Brokers By Mortgage Lenders Are Far Too High
Procuration fees paid by some sub-prime lenders are too high.Fact.There can be no justification for some of the fees paid by lenders. Proc fees of 2.75%-plus are simply deplorable when it is clients who will ultimately pay the price through an extra loading on the interest rate they pay, be it at ... more...

10 Questions To Ask Your Mortgage Rep or Banke
This post is a must read for anyone considering purchasing a home be it today, tomorrow or next year. It is sound advice.1. What is the loan's Interest Rate and Annual Percentage Rate?Find out what the interest rate will be on your loan and the annual percentage rate (APR). The APR is a combination ... more...

Remortgage When Monthly Mortgage Payments are Touching New Heights
Current economic scene has hinted towards a fall in the Bank of England base rate from a three and a half year high of 4.75%. 78% of the property investors are contemplating refinancing their home loans. Are you thinking the same? This is the appropriate time for remortgage and moving to ... more...

How Real Estate Investors Use Mortgage Note To Purchase Properties
Many of you may not be aware of the various ways notes can be used. The average person's understanding about notes is that people create them because they are desperate to sell a property. Nothing could be further from the truth.Real estate investors are now creating notes to finance properties ... more...

Poor Credit Home Mortgage Loans
Poor credit doesnt have to put you at a disadvantage in the home buying process. By getting a pre-approved mortgage, you can find low rates and increase your negotiating power when you buy a home.Before You Shop For A HomeBefore you begin home shopping, take a look at your budget. Develop a plan ... more...

How Not To Be Ripped Off By Mortgage Brokers
One of the things that bothers me about the mortgage industry is the number of unscrupulous brokers that operate in this market.Talk about giving the industry a bad name!I worked for a mortgage lender until quite recently and I used to be shocked at the fees that brokers charged their clients. I ... more...