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Manufactured Housing: A Messy Picture
May 19, 2003, Revised February 14, 2005 What Is a Manufactured House? A manufactured home is built entirely in a factory, transported to a site, and installed there. It is distinguished from "modular", "panelized", and "pre-cut" homes, ... more...

What If I"m Fired Before the Loan Closes?
July 19, 1999 "Our offer on a house was accepted, we've been prequalified, the loan officer is coming out tomorrow to take my application, and I just got fired from my job. What should I tell the loan officer and what will this do to our loan? What if I find a job in the ... more...

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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...

Depreciation
Depreciation Decline in the value of a house due to wear and tear, obsolescence, adverse changes in the neighborhood, or any other reason. Depreciation is treated as an expense and is a line item on an income statement. Depreciation can only be applied to the building and not ... more...

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Get Free find house Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

A Guide to Finding an Adverse Credit Homeowner Loan
If you're searching for an adverse credit homeowner loan, you might not know where to turn. After all, it seems like no one wants to give you the time of day if you have less than perfect credit, much less give you a loan.There are lenders who will be more than willing to give you an adverse credit ... more...

An Investor's 1st and Most Important Lesson
Are you ready for the lesson that will put you ahead of 99% of all real estate investors?Here it is in a nutshell USE AS LITTLE CASH AS POSSIBLE!The days of mortgage burning parties are long over. But you will still meet people who believe that it is good idea to pay off the mortgage on a ... more...

Moldy Homes are a Great Investment
Have you seen this in your classifieds? -"Will pay $$$ for moldy homes. Call 555-555-5555"All you have to do is watch the news and you know about mold problems. We hear about Ed McMahan suing because his moldy home killed his pet dog. We also hear about Erin Brockovich and Sandra Bullock's ... more...

Prison Wives: The Forgotten Women In Our Society
Having a husband in prison is a stigma in our society. However it is possible to cope and get through this difficult time in your life. Let me help you along the way and give you a few tips.I myself am a "Prison Wife." My husband has been in the prison system for the past 22 months. He was ... more...

Questions Investors Should Ask When Buying and Selling Investment Property
If you're a real estate investor, here are several questions to consider when looking at investment properties. Providing sound answers to these questions will greatly increase your profits:Why do homeowners sell for bargain prices?There are many factors that can prevent owners from being able to ... more...

4 Ways To A Low Mortgage Interest Rate
It is natural to want the lowest possible interest rate on your mortgage loan. A lower interest rate results in a lower monthly payment or allows you to afford more house for the same monthly payment. Here are four quick ways to get a lower interest rate on your next mortgage loan.1. Shorten The ... more...

Where to Look for the Cheapest Homeowner Loan
When you're borrowing money against your house or the equity that you've built up in it over the years, it goes without saying that you're going to want to find the cheapest homeowner loan that you can so that you don't pay an ungodly amount in interest over the course of repayment.Unfortunately, ... more...

Pre-Foreclosure Investing
The advantage to buying a property at a foreclosure auction is that you can often pay far less than you would have under normal circumstances. Frequently you can invest in improvements and then sell the home for a much higher price than your cost.The disadvantages and risks are more numerous. ... more...

Loan Officer Training: How to Use Open Houses to Meet Agents
If youre searching for a proven method that leads to fast results, than this article is for you. Many times I come across loan officers who are either new in the industry and need to earn immediate income or who joined during the height of the refinance boom and now needs to build purchase business ... more...

What is a Mortgage?
A mortgage is a loan, usually from a bank, finance company or building society to help you buy your home.A mortgage is a loan, from a bank or building society that is secured against your house or flat. You have to pay back everything you borrow from your lender within an agreed length of time (the ... more...

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