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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...

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...

home mortgage loans house lenders real estate agent property 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...

Mortgage Note
Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more...

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What Should You Know Before You Take Out A Loan: Five Factors to Keep in Mind
If you have reached a point in your life at which you want to take out a loan for a car, for education or to purchase a home, you will want to seriously consider what should you know before you take out different kinds of loans. Indeed, there are a number of factors you need to take into ... more...

10 Tips to Sell Your House Faster!
Here are some Handy wee Tips to help you Sell Your House Faster. These are all 'tried and true' tips we've gathered over years of Buying and Selling Houses, so I know for sure that they work!1. Clean your house -- no kidding...the cleaner your house is, the easier it is to sell.2. Fix any glaring ... more...

Making Cars Accessible Through Secured Car Loans
Enervated by the hectic schedule at the work place, traveling back to home in a public transport carrier seems to be a grueling task. This reasons out the transformation of cars from luxuries to necessity.While there are cars designed for people at the high end, there is no shortage of cars for the ... more...

Kings Bay Georgia Real Estate - An Amusing Tale About a Real Estate Agent
This story is true and not meant to hurt anyone, but the more that I think about what happened, the more it makes me laugh. I hope that you not only get a chuckle from it as I did, but take your time and look for a professional real estate agent.Sometime back I was handling a tranaction for a ... more...

Why Invest in Bulgaria?
Bulgaria offers cheap property for sale in a country whose economic growth has grown at a rapid pace and is now one of the highest in Europe. In the past 10 years, its tourist trade has increased dramatically. As a result, an abundance of cheap properties are for sale in Bulgaria at a much lower ... more...

Free Credit Reports: From The 3 Major Credit Bureau's!
Get your credit report online for FREE. Many financial advisors suggest that you periodically review your credit report for inaccuracies or omissions.This could be especially important if you're considering making a major purchase, such as buying a home. Checking in advance on the accuracy of ... more...

FSBO - Selling Your Home FSBO (for sale by owner) Is It Worth It?
FSBO, what is it? FSBO means For Sale by Owner, and its a term thats generally referred to when youre selling your home without soliciting help from a Realtor.FSBO, whats the benefit to you? Youll save thousands of dollars in commissions if you sell your home this way. However there are some ... more...

A Guide to Common Loan Terms
Many people may wonder about common loan terms words and phrases that are often tossed about when describing different types of loans that are assumed to be common knowledge.These common loan terms represent very important parts of the lending process, but to the person who isn't entirely sure what ... more...

Buy FHA HUD Homes
FHA HUD homes are those dwellings that have been acquired by the United States Department of Housing and Urban Development (HUD). The HUD oversees the Federal Housing Administration (FHA), which offers federal insurance on home mortgages. When a home owner fails to meet the payments of a HUD ... more...

Hard Money Lenders -- "No Money Down" The Easy Way
Would it help you as a real estate investor to be able to "Close For Cash in Days," even if you're tapped out financially?Hard money lenders are perhaps the best way to get 100% financing with easy qualifying, money for fix- up, and fast closings.So what can hard money lenders do for you? Hard ... more...

9 Home Buyer Traps and How to Avoid Them
No matter which way you look at it buying a home is a major investment. But for many homebuyers, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either:-paying too much for the home ... more...

Avoiding Complications in Credit Repair
Avoiding complications in credit repair is almost important as getting out of debt. When we have bills that were neglected simply because we didnt have the money to pay the bills, or else we purchased items instead of paying the bills, we are in debt.If you are considering a Home Equity Loan to get ... more...

How to Become a Successful Real Estate Developer
Real estate investment and development has never been a more popular pastime or career changing challenge; if you would like to learn seven secrets for consistently successful real estate investing through development or you would like to know how you can continue to profit from property even if ... more...


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