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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

Why the New Interest in Interest-Only Mortgages?
NOTE: IF YOU WANT THE CRITICAL FACTS ABOUT INTEREST-ONLY WITHOUT ANY FRILLS, GO TO THE INTEREST-ONLY TUTORIAL. August 19, 2002 "In looking to refinance my existing mortgage, I've found some lenders offering "interest only" loans. One lender is offering an ... more...

only interest loan home taxes real estate value creditors credit related definitions

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... 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...

More about only interest loan home taxes real estate value creditors credit

Credit Card Debt Consolidation: Top 3 Factors to Consider
If youve got a number of credit cards and insurmountable credit card debt, then perhaps its time to consider a debt consolidation loan. A consolidation loan is a loan that you can use to pay off all your debts, meaning that you can pay them off for less money without having to worry about lots of ... more...

How Home-Based Businesses Can Avoid Giving Uncle Sam More than His Share
How Home-Based Businesses Can Avoid Giving Uncle Sam More than His Share By Darren Oliver With the rush to file your taxes by April 15th, you probably did not consider the possibility that you overpaid. According to the General Accounting Office, in 1998 alone, there was $311 million paid ... 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...

Planning for Your Financial Future
Two heads are better than one, so sit down with your spouse and plan out your financial future together. Prioritize your bills.By determining which bills to pay in which order, you'll get in the habit of making sure your essentials are always paid first.Be careful using credit. Sometimes a ... more...

Using Credit Cards Wisely
Using credit wisely is a good habit that, with only a little financial education, you can learn quickly. Using credit cards wisely will enable you to save money by avoiding late fees or penalties for exceeding credit card limits. You can even learn how to pay NO interest and have your credit ... more...

Life Insurance Basics
One of the most important things you can do as parents is to ensure the financial welfare of your children in the event of your death. Life insurance is the best way to be rest assured that your children will be taken care of if you die. Although we never like to think of that kind of thing ... more...

Bahamas Real Estate Guide to Permits, Residency and More
In 1993, the International Persons Landholding Act was put into motion to encourage foreigners to purchase a second home in The Bahamas. And it couldnt be simpler. If a foreigner buys a single family dwelling or vacant land to be used in the construction of such a dwelling, then he no longer needs ... more...

Why Buy Mobile Homes?
You can buy mobile homes for much less than stick-built houses in most areas of the country. Despite the common predjudice against them, mobile homes are the cheap housing choice of millions. While the advantages are not always obvious, they are real.One of the advantages is fast equity buiding. ... more...

Do your Budgeting with Targeted Bank Accounts
A lot of people hate budgeting, or just plain refuse to budget, thinking it unpleasant and restrictive. Actually a good financial plan, including a budget, puts you in control of your finances, rather than the other way around.The first step is the hardest: figuring out what you spend every month. ... more...

Get Rich With Mobile Homes
Does the myth that mobile homes depreciate in value keep you from investing in them? Well, they do lose value in a park, on a rented lot. Mobile homes with real estate, however, are an entirely different investment.My mobile home doubled in value in the twelve years I lived in it. The home ... 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...


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