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Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... 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...

mortgage investor house insurance deed home market credit cards 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...

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

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How to Sell Your House by Lease Options
Many people buy a house then have to move within a few years, due to divorce, relocation or financial difficulties. Without any equity though, it can be nearly impossible to find buyers and you still have realtor fees to contend with. There is a simple, easy way to have your payments taken care of ... more...

Entrepreneur Success Story-How Terry Hart Made $100,000 in 8 Months Starting With No Money
As an entrepreneur, Terry Hart is a good one. His emphasis is on win/win. He cares about the people he does business with and is passionate about fulfilling their needs as well as achieving his own bottom line. Terry has a creative and dynamic personality that exudes enthusiasm and charm.When I ... more...

Real Estate Investing By The Numbers
Just like most things real estate investing can be broken down into easy to learn step.Step One - Learn the basics:Ownership of real estate is evidenced by a valid deed. When you buy property the seller signs a deed that transfers his ownership interest to you. Most states use a Warranty Deed. ... more...

For Sale By Owner - Pricing It Right 3 Reasons Why!
Example 1:A $250,000 home is priced 10% below the true market value at $225,000. The home sells quickly with little or no negotiation for possibly an all cash offer to close quickly. This buyer maybe an investor who is extremely market savvy or a buyer who works closely with a Real Estate Agent ... more...

How to Create Cash Flow Out of Thin Air!
Want to see a trick every real estate investor will love?From the Desk of Thomas KishCrazy as it may sound......there really is something that can create cash flow out of thin air. And it has nothing to do with a magic wand or pulling rabbits out of a hat.It has to do with the use of credit but ... more...

Should I Invest in Real Estate While Running an Internet Business?
Of course you should. I practice this for quite a while and I never looked back. I think this is the perfect combination. You get the best of both worlds. Did you know that 90% of all millionaires made their fortune with real estate and 10% with the internet or the stock market? Well, this doesnt ... more...

The 'Truth' About Real Estate Preforeclosure Profits
If you want to make BIG money in the Real Estate Business you must know the 'truth' about preforeclosures; not only do you need to know exactly what preforeclosures are, but you also have to learn how and when to invest in preforeclosures.As an investor you'll have to understand and be up-to-date ... more...

Endowment Shortfall - Are You Missing Out On Compensation?
Millions of pounds of compensation have been paid out by insurance companies. Are you entitled to a share? Could a claim now help to get your mortgage repayments back on track for the future? But you must act quickly - insurance companies are only allowing claims for a limited time.If you took out ... more...

Private Money Vs. Hard Money
I interview real estate investors for my website and recently I came across a number of investors who teach about using private money to purchase real estate. However, if you would have asked me one (1) year ago about the difference between private money and hard money I would not have been able ... more...

Home Based Business: Your Ultimate Tax Shelter
Starting and operating your own home based business is the ultimate tax shelter.Although this article has been written from a Canadian income tax perspective, the principles should be practical in other tax jurisdictions.1. Non-Deductible Personal Living ExpensesAll of us have expenses that we ... more...

Family Feud with an Auction Deadline Adventures in Probate/ Estate Purchases
One of our investor students told us of an interesting probate deal or "adventure" they're working on now and while it's a good story, it also illustrates lots of the ins and out of probate or estate issues and purchases.The Seller (we'll call him Scott) co-owned this house with his mom, and he ... more...

Real Estate Investing: Short Sale Package 101
I have been asked many times during my travels to conventions about the all important short sale package. First, a short sale package is what the bank or lending institution asks for before taking a discount on the 1st, 2nd, or even 3rd mortgage. The package includes many things that are ... more...

Rehab Foreclosed Houses the Right Way and Keep All the Profits!
I've been teaching people how to buy foreclosure properties for a long time.And we all make the biggest profits on the deals that we rehab the right way.But this does NOT mean what you might think!The right way to rehab any property is by using a new business credit card or business line of credit ... more...

Negotiating the Sale of Your Home
Negotiating a successful sale of your home requires an environment that sustains the buyer's interest and trust during the process. Many of our clients have been very experienced negotiators, and from them we have learned that the goal is to reach a "good agreement" - one in which the underlying ... more...


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