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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... 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 mortgage investment real estate property owning home related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Second Home, Vacation Home
Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more...

More about first mortgage investment real estate property owning home

Finance Your Real Estate Investment Properties
Unlike traditional residential real estate mortgages, real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other Peoples Money).I have enough money; shouldnt I buy my real estate investment for cash? No, I ... more...

Disaster Assistance Through the IRS
Every year millions of people have property damage from unexpected events. There seems to be a rise in natural disasters occurring all around us, from the western earthquakes to the southern hurricanes. Although we rarely think of the IRS and our taxes when disasters happen, it can actually be a ... more...

Planning to Buy Your Dream
Lots of people are dreaming about that little cottage with the white picket fence or that modern apartment with a killer view or that fixer-upper in the country orThe dreams are endless, but the idea is all the same owning your own home is a major milestone in life. Many people fell like they cant ... more...

Who's That Knocking At My Door? Investing To Rent!
Investing to rent can create the financial and real estate success you have been searching for, but it takes hard work, thoughtful preparation and practical knowledge. As a landlord you must be creative, fearless and intuitive. In the Tidewater area approximately one out of every five homebuyers ... more...

Remortgage Debt Consolidation - The New Recourse For Credit Crunch
Shakespeare once said about human nature with nothing shall be pleased, till he be eased with being nothing. It is human nature to not be satisfied with anything for long. With the expansion of technology, so many multi-utility items are available which everybody wants to accumulate. The real issue ... more...

It's High Time for a Lower Credit Card Rate
How would you rate your credit card interest rate? Unfortunately, this is a simple question that few consumers take the time to ask, and it can be a costly oversight. High interest rates on your credit card balance can inflict some heavy damage on your wallet. A higher rate means higher finance ... more...

Why Your Credit Score is Important
Your credit score can either haunt you or reward you. It all depends on how you handle your credit and payment activities. Your credit score determines what interest rates you will pay and if you are even approved for a loan or a credit card at all. In addition, your credit score can play a factor ... more...

Inspecting Home Inspectors - Examining the Quality and Consistency of Home Inspections
In real estate transactions, some things never change. Sellers usually feel theyve given their house away, buyers believe theyve paid too much and Realtors fear neither side will ever get to the closing table. There is however, one thing that has been inconsistent in real estate transactions: the ... more...

Creative Real Estate Financing
Do the creative real estate financing techniques you hear about really work? Yes and no. They likely have all worked somewhere for someone at least once. The important point is to understand the principles involved, so you can find your own creative ways to invest in real estate. Here are ten ... more...

Real Estate: A Strong Investment
Description: Even in uncertain economic times like these, history shows that real estate is one of the soundest investments a family can make. Also remember that the stock market is not the only place where people can make their fortunes. And also, youll hardly ever hear of real-estate investors ... more...

Realtors: Inspecting Home Inspectors
Examining the quality and consistency of home inspections. Province of Ontario, June 2005 UpdateIn real estate transactions, some things never change. Sellers usually feel theyve given their house away, buyers believe theyve paid too much and Realtors fear neither side will ever get to the closing ... more...


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