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Consolidating Debt With a New Purchase Mortgage
November 22, 2004 Some home buyers try to kill two birds with one stone by consolidating their debts in the new purchase mortgage. Usually this is not a good idea, as in the case illustrated below. "I have $30,000 in cash for a down payment on the $300,000 house ... more...

Pros and Cons of Debt Consolidation
May 6, 2002 "I have two mortgages plus a lot of short-term debt with high interest rates. Because my house has appreciated substantially in recent years, I?m sure I can save money by consolidating the short-term debt into one of my mortgages, but which one?" I ... more...

mortgage debt consolidation related definitions

Cash-Flow
Cash-Flow The amount of cash derived over a certain period of time from an income-producing property. The cash flow should be large enough to pay the expenses of the income producing property (mortgage payment, maintenance, ... more...

Buy-Down
Buy-Down When the lender and/or the home builder subsidized the mortgage by lowering the interest rate during the first few years of the loan. While the payments are initially low, they will increase when the subsidy expires. ... more...

More about mortgage debt consolidation

Why Choose a Personal Secured Loan?
Listed below are some of the many reasons why choosing a personal secured loan makes good sense. Personal secured loans are also commonly known as a homeowner loan. This type of loan is essentially an amount that is secured against property as collateral.A personal secured loan is a loan which is ... more...

Solutions to Single Mothers in Debt
As a single mother, lets admit it, times get tough. You are fortunate enough to have your children that mean the world to you, but it doesnt come cheap. Of course youd do anything to keep them safe, even if that means struggling financially to support their well being. Debt can get out of hand ... more...

Government Student Loan Consolidation
Are you behind on your bills? Do you have more than one student loan? If you answered yes to either question there are some terrific opportunities for you to lump your debt together with a government student loan consolidation. Please read on for more information.When you graduated from school, ... more...

Home Buyer Beware Know the Signs of Real Estate Market Trouble
Lots of articles have appeared recently about the booming real estate market in the United States. Home prices, especially on the East and West coasts, are not only at record levels, but are increasing at record rates. In some areas around Washington, D.C. and San Francisco, home prices have ... more...

Debt Getting You Down? - Make a List!
Debt is not much fun and when faced with it, people sometimes look for complicated debt solutions and often overlook the many simple ways that you can save money. Believe it or not, one of the simplest and most effective debt solutions is to get hold of a pen and a piece of paper and make a list. ... more...

Home Equity Loan When Does Refinancing Make Sense?
For the last two years, interest rates have been much lower than anytime during the last thirty years. This has resulted in an unprecedented boom in real estate sales, home refinancing and home equity lending, as borrowers try to take advantage of these rates for the long term. But refinancing or ... 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...

5 Things In Selecting The Best Mortgage - You Should Know
Your goal is not only to find the best rates and programs, by searching through a huge number of lenders products, and save yourself thousands of dollars on mortgage payments every year, but also, to save time and hassle by simplifying the loan process and reducing the paperwork. Here are some ... more...

When Your Bills Are Piling Up Here Are 6 Different Ways to Consolidate
When it comes to debt consolidation some people dream of day when all their bills will disappear. Next to hitting the jackpot, a debt consolidation loan is some times the only way out for a debtor. No more playing "pick the bill out of the hat" to see who gets paid, all you have is one affordable ... more...

Life After Debt Strategies for Dealing with Problem Debt
Honorably and ethically rid yourself of burdensome debts using the little known Negotiation Strategy, without having to experience the loss of control and privacy associated with filing for bankruptcy, consolidation, or credit counseling.The inability to reduce debt and saving money are the two ... more...


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