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Interest-Only Mortgage Tutorial
Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more...

Can You Buy a House, Then "Reverse Mortgage" It?
October  4, 2004 "My wife and I are 64 years old and can qualify for a reverse mortgage on our current house, but we want to relocate first. Can we buy a new house with a "forward" mortgage, and then take out a reverse mortgage?" Yes, but you will ... more...

mortgage buy down related definitions

Buy-Down
Buy-Down When the lender and/or the home builder subsidized the mortgage by lowering the interest rate during the first few years of the loan. While the payments are initially low, they will increase when the subsidy expires. ... more...

Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more...

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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...

I Want to Buy a Home - Now What?
If you were to ask 100 women "What would you like to achieve financially?" Buying a home or apartment is usually one of the answers. Some women think that they can never own a home - which is not true! In fact, there are so many success stories of home buyers who never thought they would get there. ... more...

7 Big Reasons To Invest In Pre-Foreclosures
Looking for an "in" to real estate investing?Working a nine to five job swapping time for money can be incredibly dispiriting. After the futility of it all hits home, it's all you can do to limit the number of home business opportunities you investigate to twenty per week.One of the more compelling ... more...

Margin Benefits are Marginal at Best
Margin is one of those things that novices find puzzling about the stock market, but the concept is really quite simple. Still, with understanding the basics of using margin accounts, determining the wisdom of using margin can be quite a conundrum.A margin account is a traditional investment ... more...

New Year's Resolution for Renters: Buy a Home in 2006
Are you still renting a home or apartment for yourself or your family?If so, you're losing money. Think about these three ways you lose money by renting:1. You're paying for someone else's mortgage payment. You're missing out on the appreciation that the property gives to the landlord. ... more...

How Can You Save Money When It Comes to a Mortgage?
Buying your home is one of the largest investments you will ever make. It costs a lot of money to buy a home, and even more if you have a mortgage.But there are ways to limit how much a mortgage will cost you.1. Fifteen-year mortgages are your best buyFixed-rate mortgages are your safest bet when ... more...

Lease Options or Rent to Own?
Finding a rent-to-own house is one of the many ways someone with bad or no credit can buy a house. You will often find them called names like lease/options, lease with option to buy, lease purchase, lease 2 purchase, rent with option to buy, rent to own, or rent to buy homes.There are a few ... more...

How to Prequalify a Buyer When You Sell Your Home "By Owner"
One questions many "for sale by owner" sellers ask is "how can I determine if a potential buyer can afford to buy my house?" In the real estate industry this is referred to as "pre-qualifying" a buyer. You might think this is a complex process but in reality it is actually quite simple and only ... more...

Sticking With Some Home-buying Rules Makes Sense
Buying a home is a part of most people's lives. It fits right into our finances with saving for retirement and health insurance. It is simply a part of our finances.You can turn to a lot of places for advice when buying a home. You can talk to a realtor, a mortgage lender or even your family. But ... more...

Best Mortgage Deal UK - Put Your Best Foot Forward!
As a borrower for mortgage in UK it is your right to find the best finance deal available. Is that a challenge? Not if you know where to look and what to look at while contemplating mortgage. You have to follow a strategy in order to get best mortgage deal in UK.The constant lowering of the ... more...

Buying and Selling a Home Isn't the Same Old Thing
Discover New Ways to Save Money & Protect HomeHome owners faced with buying and selling a home have more options than in the past. It used to be the same old thing all the time. The buyer would find a home they like and purchase it, then get a mortgage, and move into the home. When it came time ... more...

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