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Can I Live Off My House?
November 19, 2001 "I am a recently-widowed 54-yar old with a house worth $1.1 million, a high-rate mortgage of $450,000, but not much income. I can only afford to pay $2,000 a month on principal and interest, plus taxes and insurance.  I am prepared to use up my equity ... more...

Are Prepayments on a Balloon Loan Wise?
May 24, 1999 "I recently purchased a condominium financed by the seller at 5.5% interest over 34 years, with a balloon due in 10 years. Is it wise for me to make extra principal payments so that the balloon payment will be smaller, or should I invest my extra income ... more...

money invest related definitions

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

Earnest Money
Earnest Money Money given by a buyer to a seller as part of the purchase price to bind a transaction or assure payment. This deposit made by a buyer of real estate towards the down paymen is typically held by the real estate brokers or the escrow company. ... more...

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Get Free money invest 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...

Top 7 Ways To Get Rich
Want to be one of the lucky ones on the road to riches, want to be on the freeway to financial freedom, on your way to wealth?Here are the top 7 roads to riches, the top 7 easiest and fastest ways to acquire wealth ...Inherit it This is how today's old money families got their wealth. In the ... more...

Insurance Glossary
Assured - Those insured under the terms of an insurance policy.Benefit - The money paid to the policyholder when a claim is made.Bid Price - The selling price or cash-in value of your unit holdings.Bonus - Relates to a with-profits policy. The amount of money added to the benefit payable under the ... more...

Beat the Crowd When Investing in Real Estate
We all are thinking about it and some of us are actually taking action and getting their hands on real estate investment properties. The longer the NY Stock Exchanges doesnt produce desirable returns the more people are starting with real estate investments.For most of us the obvious choice of ... more...

Insurance Glossary of Terms
Assured - Those insured under the terms of an insurance policy.Benefit - The money paid to the policyholder when a claim is made.Bid Price - The selling price or cash-in value of your unit holdings.Bonus - Relates to a with-profits policy. The amount of money added to the benefit payable under the ... more...

Stop Planning for Future Retirement, Live Today In Style
For the past 85 years, the financial services industry - banks, financial planning, insurance and stock brokerages have experienced double digit growth by cajoling frightening individuals by the prospects of poverty and lack during retirement. Everything from radio, televisions commercials and ... more...

Who's That Knocking At My Door? Investing To Rent!
Investing to rent can create the financial and real estate success you have been searching for, but it takes hard work, thoughtful preparation and practical knowledge. As a landlord you must be creative, fearless and intuitive. In the Tidewater area approximately one out of every five homebuyers ... more...

How To Get Ahead On A Low Income
Do you struggle from week to week trying to make ends meet? Are you consistently going without things that you really wish you could afford? Well I have some possible and practical solutions to your dilemma:1. TIPS TO HELP YOUR BUDGET STRETCH FURTHER.There are many ideas that you could adopt to ... more...

Creating a Financial Future - Putting Your Plan Into Action Part 1
This column has previously discussed picturing the future that we desire, and outlining a plan to achieve it. We mentioned that the plan must include goal-setting, measurement, and implementation. That implementation is this columns focus.Putting the plan into action is what implementation is all ... more...

Real Estate Investing Benefits
There are many reasons why investing in real estate over other investment avenues is a safer and more profitable route to take and we will go over just a few of these factors with you in this article.First thing to note is that if you look at the real estate market as a time line compared to the ... more...

Building Wealth When Refinancing Your Home Loan
Many a homeowner has seriously contemplated getting a cash-out refinance loan with the hopes of landing a lower rate, saving up to $300 smacks a month and getting some cash in hand to spend as ones pleases. Who wouldn't want to lower their current home mortgage rate, save on monthly interest rate ... more...

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