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Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more...

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...

first house insurance sex assets lenders mortgage debt related definitions

Secondary Mortgage Market
Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more...

MIP, Mortgage Insurance Premium
MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more...

More about first house insurance sex assets lenders mortgage debt

Frugal Living
The opportunities for spending money nowadays are unlimited. Too many people find themselves too strapped to pay their bills on time and complain when their bi-weekly salary is paid a couple of days late. Living on the edge is frustrating, stressful and completely unnecessary. No matter how ... more...

Life in Las Vegas
"I'll go and get some munchies for us, Bob. Don't give that beautiful black-haired lady my seat. Eh?""You wish!" Sean went to get some food while Bob ordered some white wine for them both."You're becoming a regular aren't you?" The sprightly barmaid commented as she brought him their drinks and ... more...

Arbitrage Uncovering No Risk Home Business Profits on Demand!
Some may be familiar with the term arbitrage, but let me define it here:Arbitrage is the practice of taking advantage of a state of imbalance between two (or possibly more) markets. Combinations of matching deals are struck to exploit the imbalance, the profit being the difference between the ... more...

Negotiating A Short Sale The High Road to Huge Foreclosure Profits
Buying foreclosures can be extremely profitable for real estate investors. However, most of these homeowners are mortgaged to the hilt. They have no equity, and big loan payments. In fact, many actually owe more than the property is worth!Most investors will walk away from these deals because ... more...

Debt Management Plans Suggesting Ways to Survive the Quagmire of Debts
Before delving on what a debt management plan can do for you as an individual or as a business, it will be good to decide its scope. It is a misconception among many people that debt management plans can only be used for eliminating the existing mound of debts. Nevertheless, debt management plans ... more...

Why You Need a Realtor
As you consider selling your home, you might be thinking Why do I need a Realtor, what value does a Sellers Agent bring to the table? There are five areas where I, as a licensed Realtor can help you in your homes sale -SETTING THE PRICEPricing your home is a careful balance. Set the price too low ... more...

Zero Down Real Estate Investing
Zero down? Why would a seller want to walk away from closing with nothing? Well, they wouldn't, and that brings up the most important point about real estate investing with no downpayment: The seller almost always needs cash at closing, but it doesn't have to be YOUR cash.A Zero Down ExampleI'm ... more...

Logbook Loans Finds Use as a Personal Loan Minus Its Inherent Drawbacks
Logbook in legal terminology is known as registration form V5. The document is issued by Driver and Vehicle Licensing Agency (DVLA). Logbook has several entries about the vehicle relating to the current registration mark, VIN number or the chassis number, and details about the registered keeper of ... more...

Real Estate Investor Question: Rehab and Sell, or Rehab and Keep?
Here's another awesome question I received from my discussion board. The question; Why bother keeping property after it's rehabbed? Why not sell it after the rehab and GET PAID!Of course, the first questions that you must answer is how emergent is your need for quick cash? You can likely ... more...

The Pro's and Con's of Debt Consolidation Loans
You are swimming in debt. You have 4 credit cards maxed out, a car loan, a consumer loan, and a house payment. Simply making the minimum payments is causing your distress and certainly not getting you out of debt. What should you do?Some people feel that debt consolidation loans are the best option ... more...

Rental Properties In Chicago Illinois
Renting a property is usually quite a straightforward affair. However, renting a property and finding rental properties that are of good value for money are two completely different things. If you are searching for a house to rent, you would be wise to research the current rates, and look around ... more...


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