Will it Save Me Money in the End? During the first seven years of a 30 year mortgage most of your payments go towards interest not the principle. If you refinance after the seven year period, you are virtually starting over the seven year interest payments. If, you as a homeowner is five years into [...]
The Sky is Falling: Interest Rates and Home Prices
March 12, 2012 By Leave a Comment
The sky has been falling for the last four years; that is the economy, the housing market and interest rates. On the other hand, the jobless rate and homelessness have risen. It is too bad we can’t train all the people out of work to become realtors and sell the gigantic mountain of foreclosed homes. [...]
The New Cost of Refinancing your Home
March 12, 2012 By Leave a Comment
For FHA Borrower’s Only The Federal Housing Authority has offered refinancing at the new low interest rates for FHA borrowers for about a year now. Unfortunately, not all that many homeowners have taken advantage of the Refinance Program. For many, it would cost them more to refinance, than to just leave their loan as it [...]
Commercial Property Investment
February 9, 2012 By Leave a Comment
It can be a Risky Business Commercial property investment can be a risky business right now. All you have to do is drive down the streets of your town and see all the empty store fronts and all the FOR LEASE signs in front of the high and low rise buildings, to know things aren’t [...]
What Is A Reverse Mortgage?
February 6, 2012 By Leave a Comment
What Is A Reverse Mortgage? This is Mark Warner with propertymortgageinvestment.com and I wanted to comment today about reverse mortgages and give some general ideas about reverse mortgages. Most reverse mortgages are for 62 year olds and older who have equity in their home as well as little or no debt. The purpose of this [...]
Property Investment Advice – Can You Live Without Credit Cards?
January 30, 2012 By 1 Comment
Perhaps the best piece of property investment advice is to stay away from unnecessary debt and manage your use of credit cards. If your debt is out of control or you have too much monthly debt obligation, there is no way you can get into the property investment arena to improve your overall financial situation. [...]
Is Your Credit Score Holding You Hostage?
January 17, 2012 By Leave a Comment
What is a credit score anyway? Your credit score can range from 300 to 850; the higher the better. You may have heard it called your FICO (Fair Issac Corp.) score. It is a summary of your borrowing and repayment history. It takes into account, your unpaid and late bills, newly opened and closed accounts, [...]
Basketball Star Selling a Florida Paradise For Less
December 28, 2011 By Leave a Comment
Even though the treacherous lockout in the National Basketball Association has finally seen the end of its run, its impact has left a mark on fans, players and owners involved. In the press and through the use of Twitter, NBA players have expressed their jubilance to get back to their jobs under terms they can [...]
