Refinance Rental Property - Don't Sell It
You own a rental property for years, and never see the "big pay-off." Is it time to cash in on your investment, now that you've paid down the mortgage, and values are up? Maybe not.The Problem With SellingSelling means you'll have to pay a large capital gains tax. This can be avoided if you ... more...

Non-conforming Home Loans vs Conforming Loans
The simple definition of a "non-conforming home loan" is: You have a job and can make the payments. Your credit is used only to determine your interest rate and the loan amount to value of the home ratio. This ratio is referred to as your "LTV" or "Loan To Value". There are many lenders who will ... more...

Buying New Construction...How Do I Begin?
The prospect of shopping for a new construction residence can be quite daunting, but the rewards of owning a brand new home out-weight the disadvantages if you know the potential pitfalls. The following are important considerations: Overall Dollar Budget, Location, Cost Per Square Foot, Finishes, ... more...

Follow-Up - The Key To Successful Closings
If everyone always did everything they said theyd do, wed all be a lot richer. Unfortunately, tasks are overlooked, and the ball is often dropped. If you want to have successful closings, you must have strong follow-up skills to catch problems early in the process. Follow-up on everyone and ... 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...

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...

European Second Home Prices Wilt in Drought
Spain and Portugal have suffered one of their worst droughts on record this summer, with consequences from empty swimming pools for the tourist to economic disaster for farmers losing their crops and livestock.Roger Munns, Managing Director of Tribune Properties, predicts that property prices in ... more...

Real Estate Bubble? How to Profit in ANY Real Estate Market
With all the talk of a pending real estate bubble or falling sales prices, real estate investors need to guard their money and find new ways to make money. No matter what the market does, you can make money investing in real estate when you know what to do and what to avoid.How to Make Money ... more...

Consolidating Debt - How to Get The Lowest Interest Rate on a Debt Reduction or Consolidation Loan
To get the lowest interest rate on a debt consolidation loan, you need to research terms and rates. Lenders realize to remain competitive, they must offer low rates. A difference as little as a quarter percent can save you hundreds a year. The type of loan you choose can also have significant ... more...

Making Money In Real Estate - 10 Ways
Making money in real estate is an endless topic that includes all the various types of real estate investments. There is land, apartment buildings, homes, commercial buildings and more. Whatever the type however, you'll make your profits in some of the basic ways listed below. Use this list to get ... more...

A Million Dollar Real Estate Investment Business Plan For Anyone!
Using a very simple plan, anyone who really wants to can make an extra million dollars by consistently investing in real estate. In fact, because it's so simple most people won't do it. All your real estate investment plan needs to do is follow these simple steps:>> STEP 1. Go out and borrow one ... more...

What To Expect From Your House Appraisal
Having your house appraised can be a scary step in the moving process, especially if you dont know what to expect. Will your house pass muster or will they find some hidden defects and problems lurking in the basement and attic? Should you scrub the house clean?Dont worry this isnt a test of how ... more...

4 Dangers In Flipping Real Estate
If you have recently purchased some real estate for investment purposes, you are in good company. Recent reports suggest that as many as 25% of these purchases are made by those who plan on using the property for investment purposes only. If you hope to "flip" the property there are 4 things you ... more...

Chapter 13 Bankruptcy - What Does that Entail?
Chapter 13 Bankruptcy is a reorganization bankruptcy. It means that the people who decide to file for this type of bankruptcy want to clear their debts over a period of three to five year.Chapter 13 Bankruptcy appeals to those who have non-exempt property that they want to keep hold of and those ... more...