Saving money for a house may seem like a daunting task for a potential new homeowner. For most people, buying a home will probably be the biggest purchase of their lifetime and shouldn’t be taken lightly. That is why it is so important to have a plan and begin saving the right way. Here are […]
Property Investment Loans
Real estate might be a huge part of your net worth. But are you maximizing your properties’ potential? How profitable are your rentals really? How much does it cost you to maintain your home? Should you buy more property or sell? If you have bad credit, how can you get into the real estate market?
This category has posts that will answer all these questions and more.
PMI Mortgage Insurance – Do You Need It?
If you’ve been paying PMI or have been offered a loan contingent on you buying PMI, it’s time to take a look under the hood to understand what it is and what you get. What is PMI? PMI stands for private mortgage insurance. This is insurance you pay for but actually benefits the financial institution […]
How to Pay Off Your Mortgage in Seven Years
Here are 4 steps that are really your own personal “mortgage pay-off” system. It’s free and it will absolutely get you mortgage-free in seven years. I can guarantee that if you really want to do this, you can. Here’s how: 1. Understand how a mortgage works In most cases, your monthly payments stay the same […]
Getting a Mortgage with Bad Credit
You can get a mortgage even if you have bad credit. As you will see, that really isn’t a problem. But before we even start down this path, I need to be blunt. If you have bad credit as a result of past mistakes which you have since cleaned up – great. This post could help […]
Landlord Liability Risks You Must Understand if You Own Property
Rental real estate is one of the most rewarding investments ever, featuring the dual advantages of rental income from tenants and long-term capital appreciation. However, as risk is never far from reward, a landlord must be adequately protected from the unexpected — and that means insurance for landlord liability. If you think that once you […]
15-Year Loan – Not Always A Good Idea
When you mosey on down to the bank to get a mortgage or refinance, you’ll be offered a number of loan alternatives. The main two are a 30-year mortgage or a 15-year mortgage. The 30-year loan has the highest interest rate because it presents the lender with the most risk – they are on the […]