Mortgage Costs and Fees Defined
If you are getting ready to buy a new home or to refinance your present home, you can benefit considerably by educating yourself on the basic costs and terms connected with mortgage loans and payments. Knowing in advance about current interest rates, discount points, loan fees, principal, interest, ... more...

Should You Pay Off Your Mortgage Early?
In the old days, when a mortgage was paid off, it was happily burned. Those days seem to be long gone. Very few people will stay in their home for the length of time required to pay of a 30-year mortgage. And even if you can pay it off early, it might not be best for you.There is a sense of ... more...

The Need for Affordable Housing
During the last 3 years, we have experienced a tremendous appreciation in the priced of homes in Palm Beach County, with a 30% increase in the last 12 months. This has created a situation where the average wage earner is not able to afford a home.The average price for a condo is $155,000, townhouse ... more...

Sellers, Are You Having A Hard Time Selling Your Home?
Sue and Chuck DeFiore have the perfect solution for you Lease Purchasing your home!What is Lease Purchasing?A Lease Purchase is a process that combines a basic rental lease with an agreement to purchase, or with an option to purchase the property. The Buyer (or Lease-Purchaser) pays to the seller ... more...

Refinancing Your Home Mortgage - Get Up To 125% Cash From Your Home's Value
With the low interest rates being offered by lenders today, now can be the perfect time to refinance your existing mortgage. Remember that you do not have to refinance your home through the same lender that provided your initial mortgage. Lending institutions are offering competitive terms and ... more...

Home Equity Loan Good Choice for Luxury Purchases?
Home equity loans or lines of credit have increased dramatically in popularity in recent years. One of the reasons is that interest rates are at or near historic lows; borrowing money has rarely been more affordable. Another reason is that Americans are enjoying record amounts of equity as home ... more...

Retirement Income Needs---Less Than You Think?
It is widely written that you need 75% of your present income to maintain your present life-style in retirement. If you make 100 thousand now, figure 75 thousand in retirement.Fifty thousand now, figure 37.5 thousand in retirement. The average retirement income in the US is 27 thousand. See ... more...

Buying New Construction...How Do I Begin?
The prospect of shopping for a new construction residence can be quite daunting, but the rewards of owning a brand new home out-weight the disadvantages if you know the potential pitfalls. The following are important considerations: Overall Dollar Budget, Location, Cost Per Square Foot, Finishes, ... more...

Bankruptcy - All About Chapter 7 Bankruptcy
The most common type of Bankruptcy that is filed for is Chapter 7 Bankruptcy. This is a liquidation bankruptcy rather than a reorganization bankruptcy. This means that assets will be sold to clear the debt or debts.It starts by the person in debt listing their assets. With Chapter 7 Bankruptcy the ... more...