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Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

How Does Negative Amortization on a Mortgage Work?
September 15, 1998 Negative Amortization and Related Concepts Ordinarily, the mortgage payment you make to the lender has two parts: interest due the lender for the month, and amortization of principal. Amortization means ... more...

first home buying down payment loan buyer interest rate related definitions

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more...

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Top Tips for First Time Home Buyers
Advice to Help When You're Buying a HomeFirst time home buyers might feel better to know that they're not the only ones who feel confused about the process of buying a home. Nearly all home buyers feel the same way, even if they've bought a house in the past, because it's easy to forget the home ... more...

Budgeting: A Tough Love Way to Handle Your Household Budget
Developing and living by a household budget is by far the best way to get your expenses under control which, in turn, can mean a much less stressful life.However, many families find it very difficult to stick to a budget. It does take hard work and a lot of self-discipline, at least in the ... more...

Taking the Time to Find a Homeowner Loan UK
Trying to find a good homeowner loan UK can end up being quite confusing at first. The commercials and advertisements that you usually see for a homeowner loan UK use terms like equity and collateral that you might not fully understand and yet there's no real explanation to be found within the ... more...

Negotiating the Sale of Your Home
Negotiating a successful sale of your home requires an environment that sustains the buyer's interest and trust during the process. Many of our clients have been very experienced negotiators, and from them we have learned that the goal is to reach a "good agreement" - one in which the underlying ... more...

Boom or Bust
For those looking to invest in the real estate marketkeep your eyes on the headlines. According to the Federal Deposit Insurance Corp. (FDIC), the number of areas across the U.S. with real estate booms shot to 55, increasing by nearly two-thirds last year. The FDIC warns, these booms may be ... more...

Earning Rental Income from a Gatlinburg Cabin
Gatlinburg has a small but thriving community of property owners. The 2000 census estimated that 3,300 people live year-round in Gatlinburg. Every year, there are hundreds of Gatlinburg cabins for sale and many new buildings continue to be developed.The purchase of Gatlinburg cabins has picked up ... more...

Treat Money Well To Attract More
Your ability to attract money has a lot to do with how you behave toward it.The Law of Attraction works to send you more of what you think, feel and do. So the way you deal with money has a direct relation to how easily and abundantly it comes to you.Imagine that money is a guest in your home and ... more...

What Will You Take For A Dollar?
The other day I sat in a meeting listening to a young man extol the virtues of owning real estate. Much of what he said was true. However two things made me sit up and take notice. I couldn't help but comment. First, he said the interest on your home loan was tax deductible, so the government ... more...

Creating a Home Budget Step by Step
The other day I received an email from a guy who was looking for some help with his budget. What he really wanted was to run his family like a business.While I think its a great idea to have the mindset that your family does operate with a bottom-line (that cant or shouldnt be masked by credit ... more...

When Debt Collectors Cross the Line Bogus Threats & Illegal Collection Tactics
If you are behind on your bills and on the receiving end of collection phone calls, you will probably hear collectors make some very threatening statements. While most debt collection professionals try to stay within the boundaries defined by the Federal Fair Debt Collection Practices Act (FDCPA), ... more...

Perfect Storm
Having lived aboard a sailboat for 2 years I was stricken when I saw the movie PERFECT STORM. I know these are things you want to avoid at all costs. Even little storms can play havoc with your life style on a boat.From a world view it looks like we are headed into a perfect storm of world ... more...

Real Estate Bubble: Sophisticated Musical Chairs?
The real estate bubble is a hot topic today; annual appreciation and housing prices have never been higher in most U.S. markets. While personal incomes have risen in the single digits over the last four years, home prices have risen in the double digits. Home prices in some markets will reach ... more...

Pricing your House to Sell
Most Sellers set their initial asking price at an amount somewhat higher than they are actually willing to accept, fully expecting a buyer to open the bidding with a lesser amount.While price is the most frequently negotiated item in any home sale, you may be able to creatively provide financial ... more...

Boston Real Estate You Still Have Considerable Control Over the Sale of Your Boston Home
Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our ... more...


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