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Why Is the Loan Rejection Rate Rising?
March 20, 2000 "I have read that in recent years loan rejection rates have increased, especially among lower-income people and minorities?Why do they continue to get the short end of the stick?" You are ... more...

Questions About Title Insurance
December 16, 2002 "What is title insurance?"   Title insurance is protection against loss arising from problems connected to the title to your property.   Before you purchased your home, it may have gone through several ownership changes, and ... more...

home ownership related definitions

Reverse Mortgage
Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more...

Homestead Exemption
Homestead Exemption Status provided to a homeowner's principal residence - the dwelling (house and contiguous land) of the head of a family -in some states that protects the home against judgements up to specified amounts. Some states grant statutory exemptions, protecting ... more...

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Get Free home ownership 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...

Home Loans and Mortgages Help for Hurricane Katrina Victims
Hurricane Katrina swept through the Gulf Coast region recently and left nothing but destruction in her wake. Thousands of people are homeless, jobless and penniless, and it is not currently known how long the local economy will take to recover. Adding to the problems associated with being ... more...

The Residential Real Estate Buying Process in Austin Texas
Decide to BuyThe first step in buying a house is to try and understand what you hope to achieve. When you begin to think about buying a new house, there are many questions you should ask yourself such as: Why do I want to move? How soon do I want to move? How long do I plan on living in the home? ... more...

Should You Buy Hud Homes?
Buy HUD homes are sometimes the cheapest option available for a common man to own a house. The fact that teachers and police officers could buy HUD homes at 50% off the market value attracts more potential buyers.Before starting off hunting around to buy HUD homes, let us see what actually a HUD ... more...

Mortgage Reduction Solutions
USA ECONOMIC CONDITIONSTodays sluggish economy has left millions of people struggling to financially make ends meet. Lou Dobbs coined phrase Assault on the Middle Class continues. Virtually every corner you turn screams inflation and rising expenses. The sky-high cost of fuel and other ... more...

Smart Mortgage Strategy for Average Joe
Buying a home is probably the biggest financial decision most people will make in their lifetime. The percentage of down payment you put in will make a huge difference for the health of your personal finances for years to come. What percentage of down payment you should choose is largely dependent ... more...

Secured Loans Information
A secured loan is a personal loan which is generally offered to home owners. In a typical secured loan, the home is used as collateral against the loan, meaning that should you be unable to maintain the loan repayments, your home will be at risk.A secured loan is a loan made with an asset, often ... more...

Saving Money & Building Credit: Two Things You MUST Do in Your Financial Life
If youve just graduated this year and are out on your own for the first time, congratulations. If youre not headed back to grad school, report cards and grades are behind you...but only sort of. Once youre out of school, youll be graded for the rest of your lifebut this time the stakes can be much ... more...

Debt Consolidation Loans Without Owning a Home
Debt consolidation loans are available to those who dont own a home. By using a personal loan or new credit card, you can reduce your interest payments, making it easier to pay off your loans. Low rates are just a matter of shopping around.Personal Loans Offer Reasonable RatesPersonal loans offer ... more...

A Log Home Story
Solving problems while maximizing valuesThis story has a few good lessons and observations that no doubt can be used by you to take advantage of hidden opportunities that often lie in plain view for all to see, however, most people have not been trained or instructed on how to recognize or find ... more...

Home Buying Tip: Know Your Rights Under RESPA
Buying a home can be a complicated and confusing process. It's also probably the biggest investment you'll ever make.These two factors combined add up to this - you need to be well informed about your home buying rights.Here's the most valuable home buying tip you'll ever receive: Learn about RESPA ... more...

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