Interest Only Loans What You Need to Know?
If you are shopping for a house or refinancing, youve probably seen ads for interest-only loans. While this type of loan is beneficial for some homebuyers, other homebuyers might regret the decision to take out an interest-only loan.Interest-only (IO) loans are structured so that the borrower pays ... more...

Alliance Turning Towards the Financial Dark Side
Following in the footsteps of many of its high street competitors, Alliance and Leicester has announced that it will no longer accept new customers onto its Online Saver and Direct ISA accounts. The interest rate for the Online Savers account is also being cut from 5.35% to a straight 5%.Richard ... more...

Home Improvement Loans Transforming Brick and Mortar
There is no courage in living an existence where you are constantly dissatisfied. Accepting your current resident as package you cant exchange is a myth. On the contrary it is true that not everyone has available money to finance home improvement. Home improvement loans enable every resident to own ... more...

Tips Regarding Interest Only Loans
What are interest-only loans? How are they structured and who are they right for? How do you avoid common mistakes people make when choosing interest-only loans?Loans with the option of paying only the interest every month are called interest-only loans. These loans allow you to pay on the ... more...

Home Equity Loans Beware of Appraisal Fraud
A new report by the independent Demos group has revealed what may not be a surprise to many people corruption is rampant in the home appraisal industry. The bust in the dot-com market of some five years ago has left would-be lenders with a surplus of cash to lend. This has led to a huge boom in ... more...

Mortgage vs. Real Estate Lead Generation
It is fairly common for real estate companies and mortgage brokers to use leads. There is a difference between mortgage lead generation and real estate generation. Mortgage lead generation deals with people who need to refinance their homes or apply for loans, while real estate lead generation is ... more...

The Red Flags of Getting a Home Loan
Red flags are indicators that there may be a current or future problem with the borrower or transaction. They help Underwriters isolate pertinent issues that are part of the overall loan evaluation. They are questionable items, and when there are several, they usually indicate that something is ... more...

The US Dollar Is Not Weak
In 2004, The USD Was Falling, But the Dollar Was Never Weak!Germany's long term economic policy has been to cultivate a permanent trade surplus by saving more, and consuming less. But there is another side to their trade surplus/high savings rate story. Growth in Germany is 1/3rd that in the US, ... more...

Postcards Picture Perfect Promotion
There is a simple but almost mystical law which governs promotion and marketing and their relationship to the amount of business generated: business will come in to the degree that you get your message out, promote, let people know you are there, advertise, write to people, call people, e-mail ... more...

Bankruptcy, Is It A Way Out
Negotiations with creditors have failed. Repossession is imminent and foreclosure proceedings have begun. Your income is simply not sufficient to pay your bills, no matter how low the payments are. It may be time to consider bankruptcy.Bankruptcy law evolved as a reaction to the abuses surrounding ... more...

Set Aside Foreclosure and Decree and Motion for New Trial
Prove Up of the ClaimTo recover on a promissory note the Plaintiff (lender) must prove existence of the note.To recover on a promissory note, the plaintiff must prove:(1) the existence of the note in question;(2) that the party sued signed the note;(3) that the plaintiff is the owner or holder of ... more...

Home Equity Loans Theres Gold In That There House
To paraphrase an old familiar quote that goes theres gold in them there hills, you could say, theres gold in that house. As Martha Stewart would say, its a good thing.A home equity loan can be a very good thing if you formulate a plan and stick to it. Home equity loans are becoming much more common ... more...

Adverse Debt Levels Blight UK Consumers Personal Finances
Debt levels are at an all time high in the UK. The younger generation tend to be feeling the pinch the most, but parents are increasingly being required to bail them out, often at great expense to their own limited mortgage or retirement savings.It has become almost accepted as a fact of life that ... more...

RESPA: The Real Estate Settlement Procedures Act
The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute, first passed in 1974. One of its purposes is to help consumers become better shoppers for settlement services. Another purpose is to eliminate kickbacks and referral fees that increase unnecessarily the costs of ... more...

Investing in Real Estate Profitably: Financing Options for Purchase of Rental Houses, Part 1.
This is not an article about tricks for 100% (no money down) financing. Even if you do take advantage of various no money down strategies from time to time, these strategies are not generally applicable when you begin investing systematically in multiple rental homes with the goal of making ... more...

Decision Time: Home Equity Loan or Home Equity Line of Credit?
Home equity loans and home equity lines of credit continue to grow in popularity. According to the Consumer Bankers Association, during 2003 combined home equity line and loan portfolios grew 29%, following a torrid 31% growth rate in 2002. With so many people deciding to cash in on their home's ... more...

Eight Common Predatory Lending Schemes
Predatory lending is far more prevalent in refinancing than in the purchase market. One reason is that buyers tend to look for mortgages from established and recognized lenders, many of whom are bound by rules put forth by Fannie Mae, FHA, or the Veterans Administration. If they don't follow the ... more...