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Can Rental Income Help You Qualify For a Mortgage?
February 28, 2000 "I am looking to buy a property that I will occupy part of the year. The rest of the time it will be rented out for a guaranteed amount. Will the lender include the rental income in qualifying me for a loan?" Yes, the lender will include some of ... more...

Which Reverse Mortgage Option Do I Choose?
October 20, 2003 "I am 75 and plan to take out a Home Equity Conversion Mortgage. My problem is that I keep vacillating between the different options. One day I think I want the credit line and the next day I think I want something else. Can you help?" I can?t give you any specific ... more...

home maintenance related definitions

Appraisal
Appraisal An estimate of the value of property, made by a qualified professional called an "appraiser". Before a lender will lend you the money for a home, they will first require an appraisal to be done by a qualified licensed appraiser ... more...

Section 8 Housing
Section 8 Housing The Section 8 program began during the Great Depression to increase the housing choices available to very low-income households by making privately-owned rental housing affordable to them. It provides rent subsidies, either rental certificates or vouchers, on ... more...

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Get Free home maintenance 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...

Cold Feet!
Dear fellow Realtors, if there is a gratuitous piece of advice I can offer it is never to tell a Buyer with 'cold feet' that he needs not worry because it is not his money. I did it once and the result was catastrophic. 'Cold feet' is that special mental state by and through which someone - ... more...

Reverse Mortgages A Tax Free Income For Senior Citizens
I fully realize if it sounds too good to be true, it probably is and There Aint No Such Thing As A Free Lunch (TANSTAAFL) immediately jumped into your head when you read the title of this article. However, if you are 62 or over, you may have just found the goose that laid the golden egg.A reverse ... more...

Planning to Buy Your Dream
Lots of people are dreaming about that little cottage with the white picket fence or that modern apartment with a killer view or that fixer-upper in the country orThe dreams are endless, but the idea is all the same owning your own home is a major milestone in life. Many people fell like they cant ... more...

Ready to Sign that Lease Agreement?
The real estate market is booming across the United States, especially in select areas of California as well as Las Vegas. Even the sleepy town of Boise, Idaho is experiencing record breaking primary residential development. Where ever you happen to live, you have probably noticed its not so easy ... more...

Reverse Mortgages - Get The Money You Need - Part 2 of 4
To recap part 1, Reverse Mortgages are loans that allow you to borrow back the equity in your home. If you are 62 years of age or older, they are a way to borrow against the equity in your home to provide you with tax-free income. Probably a good idea if you're a senior who needs cash for medical ... more...

Do You Really Want To Try Network Marketing?
Make no mistake it takes a unique skill set to become a successful network marketer. I have developed a list of questions that someone interested in network marketing can ask themselves to see if they are up to the challenge.Are you interested in having to deal with the headaches associated with ... more...

Empty Nesters Flock To Inner City
Babyboomers whose children have left home, commonly known as "empty-nesters" are buying inner city apartments in record numbers.Director of Acton Special Projects, Marc Drexel says the trend is towards quality rather than mass developments."The empty-nest market is growing and expanding with people ... more...

Investment Property In Rochester Minnesota
Why invest in property?Just as any other investment, investing in real estate has its pluses and minuses. No investment is ever a sure bet of financial success, but investing in property has the best return out of almost any kind of investment. Buying investment property is a great way to ... more...

Take this Career and Shove It - In the Right Direction!
Are you listening to that little voice in your head telling you how much you dislike your job? If not, you may become angry with those around you, when in fact, you'll be angry at yourself for failing to taking the necessary steps to change your career -- or job within the same industry. Career ... more...

Garden Swings Create an Enchanted Garden Setting
Nothing invites one to sit and enjoy a lovingly created and tended garden quite the way that a garden swing does. Only from the perch of a gently swaying garden swing can one fully appreciate the bounty of nature complete with the subtle flowery and earthy smells of the garden. From this vantage ... more...

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