Reverse Mortgages: When Is One Right For You?
How do you know if a reverse mortgage is right for you? The answer depends on your current financial situation of course.But other factors such as your medical condition and lifestyle are important in determining whether or not a reverse mortgage is your best choice compared to a home equity loan, ... more...

Tips For First Home Buyers On Getting Home Loans
Buying your first home will likely be the biggest and most important purchase you will ever make. It can be a very stressful and may even leave you sleepless for nights on end wondering whether you are making the right decision especially where choosing the right home loan is concerned.With all ... more...

Live Like A King Not A Pauper In Retirement
We all have choices in life, and we know that some choices we make affect not just us but our family and we also know that many choices we make today will affect us for the rest of our life.You have to make a choice about the quality of life you would like to enjoy in retirement and you have to ... more...

Not Everyone is Buying or Selling, Some are Doing Both
As if one real estate transaction is not hectic enough many of us end up needing to sell one place in order to move up to the next this is the real estate catch 22. Do we buy first?? Do we sell first?? If we are fortunate, these events occur at the same time, but that is not always the case. The ... more...

No Deposit Home Loans
A few years ago, many of us would have had a light chuckle to ourselves if someone mentioned that you could borrow money to buy a house with only the promise of solid future earnings. But today this is a regular occurrence. Many of the industrys non-conforming lenders are selling these financial ... more...

What is a Home Equity Line of Credit?
A home equity credit line is a kind of loan which is secured against a property as collateral. It is a type of revolving loan which allows the borrower to loan funds at the time and in the amount the borrower chooses, up to a maximum credit limit for which the borrower has been qualified. The ... more...

Why It's Important to Get Pre-Approved
Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home.Your Mortgage Specialist will answer your questions and help you ... more...

What if Real Estate Prices Always Went Up?
What if your house always increased in value and you did not have to worry about a downturn in the economy or housing bubble burst? What if you were not worried about your homes equity becoming negative and you being upside down in value to your borrowed amount?What if you did not have to worry ... more...

Home Loans -- Federal Regulators Warn Lenders to Be More Careful
Federal banking regulators have recently expressed some concern over the housing market as home prices in the United States have risen to record levels. While homes are more unaffordable than ever for many people, the lending market remains strong, mostly because of the introduction of new, ... more...

The Real Truth About Those: Online Get a Better Loan Web Sites - 6 Things to Look For
You have seen the Commercials on TV go this or that web Site and Refinance your Home and Save thousands. Tempting isn't it? Do they really save you money?But what if you need help or Advice? What if you have questions? Can an online Internet Robot Design a Mortgage Plan customized for your ... more...

Should You Accept A Full Purchase Offer For Your Note or Not?
You could be facing a dilemma when considering payout options on selling your mortgage note!To accept a full purchase offer or a partial purchase offer is not always an easy decision.Sure, to take the full purchase option is an easy decision to make if you're holding a second position note on a ... more...

Spanish Mortgages - New Mortgage products that really can save your (financial) life!
That was pretty much the headline of an article I wrote some months ago but, following my comments in the Property Posts last edition, I thought I would expand upon the theme of 5 Reasons why you need a Spanish mortgage and introduce some new mortgage products that are here already or due for ... more...

5 Reasons Why you Need a Mortgage on a Property in Spain
I choose the word need carefully for it is more urgent than the alternative want and adds more strength to the issues discussed. For most readers though the need word will apply, perhaps not in all cases, but certainly in some and I would stress an understanding of how the issues impact you ... more...

Mortgage Protection Easing Your Biggest Concerns
OK, now you have a lovely new home and with it comes a lovely new mortgage. With the average mortgage advance standing at around 150,000 it's a long-term commitment to repay a lot of money. The repayments also take a fair slice out of your monthly income. What could go wrong with these financial ... more...