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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

When Is the Right Time For a Mortgage Lock?
April 23, 2001, Revised September 13, 2005 Should Borrowers Forecast Interest Rates? "I have been pre-approved for a loan on my new home but have yet to lock in the interest rate. When would be a good time ... more...

when looking for a home related definitions

Vacation Home
Vacation Home Vacation home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Vacation Home As Investment When market is ... more...

Second Home, Vacation Home
Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more...

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Get Free when looking for a home 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...

Three Things to Avoid When Buying a Home
Whether you're a first-time homeowner or moving on up the property ladder, home buying can be tricky. How do you draw the line between a money pit and a diamond in the rough? Here are three things to keep in mind. Depending on the circumstances, these might be reasons not to buy.Neighborhood. ... more...

Financing the Purchase of Foreclosed Homes
Homes that have been foreclosed can be one of the most economical ways to get into a nice home without having to pay exorbitant costs. Its also a great way to get in on the real estate investment game as a beginner. Foreclosure occurs when an owner is unable to meet the financial obligations due a ... more...

The U.S. Postal Service Delivers Frustration
There it was - an envelope from my insurance company. It seemed like I had just paid my semi-annual automobile insurance bill last month. I opened it up only to find a letter demanding immediate payment of my insurance bill that was due at the end of last month or my insurance would be cancelled! ... more...

Frugal Living
The opportunities for spending money nowadays are unlimited. Too many people find themselves too strapped to pay their bills on time and complain when their bi-weekly salary is paid a couple of days late. Living on the edge is frustrating, stressful and completely unnecessary. No matter how ... more...

Home Equity or Debt Trap?
Are you using the equity from your home to purchase everyday things? This is a dangerous trend growing more popular every month as millions of Americans tap into the value of their home to fund a lifestyle.How many times have you heard the saying Your home is the best investment youll ever make? ... more...

Zero Down Home Financing - No Money Down Mortgage Loans
Zero down home financing helps you buy a house with little out of pocket expense. Instead of depositing $60,000 to $20,000 to get in your home, the most you will pay are closing costs of a few thousands. No money down can also help you buy a vacation home without completely depleting your ... more...

Searching For Maui Beachfront Houses?
Who wouldnt want to move into a Maui beachfront house? From the custom architectural jobs done on many Maui homes, to the beautiful beaches and other natural attractions in Maui, youre bound to find something you will love about Maui beachfront houses. However, like any home buying process, youll ... more...

What the Bank Wont Tell You About Mortgage Refinancing
So you have a mortgage, and you need to refinance to get your interest rates low. Most people simply walk into their bank, ask to refinance, and then end up paying more money long term than they would have otherwise. Some banks would like everyone who is refinancing to remain ignorant, but I am ... more...

Credit Repair: Improve Your Credit Rating
In todays world of financial credit it is of the utmost importance that you have a sound credit rating, or score, as this is the benchmark that all financial institutions use to determine whether they will advance you credit.Now this form of credit may be for any number of purposes such as an ... more...

FSBO - Selling Your Home FSBO (for sale by owner) Is It Worth It?
FSBO, what is it? FSBO means For Sale by Owner, and its a term thats generally referred to when youre selling your home without soliciting help from a Realtor.FSBO, whats the benefit to you? Youll save thousands of dollars in commissions if you sell your home this way. However there are some ... more...

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