Archive for Mortgage

Pro’s & Con’s Of The Reverse Mortgage

Topics: reverse mortgage pros and cons
I can almost hear it now, This is an article written by a guy who does reverse mortgages? There probably won’t be any con’s! As passionate as we are about the reverse mortgage product, there are some drawbacks in some instances and we make certain that we point […]

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Tips To Help Avoid Mortgage Foreclosure

Topics: stop mortgage foreclosure
The country is undergoing tremendous economic upheaval, and many people are losing their jobs or have lost assets they were depending on in the bear stock market. One of the casualties of times of turmoil is the ability of people to remain in their precious homes. Folks can’t make credit card or […]

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Mortgage Rates At All Time Low

Topics: we buy houses, sell my house fast, real estate, stop foreclosure
This week marks a new low for mortgage rates. Mortgage rates are at a 37 year low. Rates have not been this low since 1971. The federal government decreased interest rates for the seventh consecutive week. This is an all out attempt to bring […]

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Learn The Basics Of Adjustable Rate Mortgages And Avoid The Pitfalls

Topics: mortgage, arm, foreclosure, loan, bankruptcy
Adjustable Rate Mortgages (ARMs) are mortgage loans with a changing interest rate that is linked to an economic index. The monthly payments and interest rates vary according to the change in index. ARMs offers attractive interest rates, but the payment is not at all fixed. There is always a debate […]

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How Does Foreclosure Work - Understand Foreclosure In 4 Simple Steps

Topics: how does foreclosure work, foreclosure process, mortgage foreclosure process, foreclosure help
If you are asking yourself how does foreclosure work, then this article is going to provide you with answers. There are only a few steps to the foreclosure process. You might consider these steps if you are trying to avoid a foreclosure. These steps […]

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Holiday Shopping For Owner Builder Loans: The Features Your Financing Must Have

Topics: owner builder construction loans, finance, mortgage, owner builder, real estate, holidays
Happy Holidays. It’s that time of year again. Holiday season not only means shopping for stocking stuffers. It’s also the time of year when people start planning their construction projects to be able to begin building in the spring. Here’s a list of features […]

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The Trend Towards Modification Of Troubled Loans

Topics: loan modification, mortgage, modify loan
Loan modifications are agreements between a lender and a borrower to change the original terms of a loan in order to make payments more affordable. This can be accomplished by temporarily or permanently reducing the interest rate on a loan or changing an adjustable interest rate to a fixed interest […]

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Mortgage Applications Back Down After Surge

Topics: we buy houses, mortgage rates, sell my house, stop foreclosure, sell house
Last week a move from the federal government caused interest rates to decrease to a very low rate. Mortgage companies noticed the increase in refinances from traditional home buyers who were taking advantage of low interest rates to save cash flow ever month.
One […]

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Stop Foreclosure Without A Lawyer

Topics: Stop Foreclosure Without A Lawyer, stop foreclosure, Stop Foreclosure by yourself
I’ve been a real estate agent a long time, and most of the clients that call me to try and save their home are under the misconception that you need to hire a lawyer to stop the foreclosure process. When you’re on the verge […]

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Millions Of Homeowners Are Facing Foreclosure Across The Country

Topics: foreclosure, mortgage, bankruptcy, loan modification, short sale, bailout
Foreclosure is the legal right of a mortgage holder to gain ownership and sell the property to pay off a mortgage. This process has been carried out for years but changes in laws have enabled the property owners to pay off mortgages and avoid foreclosures. In the […]

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