If you are getting ready to buy a home, you have to consider a 30 vs. 15-year mortgage. (For now, we’ll exclude the Balloon Payment Mortgage and just compare these two.) But which are the best loans for first-time homebuyers? The following is a guest post by Doug Warshauer. He is the founder of Kessler […]
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.
How Do I Know How Much I Can Afford for a House?
How much can I afford for a house ? That’s a question I hear often. Last week I answered the question, “Is now the best time to buy a house?” OK…some of you agreed with me and some didn’t. For those of you who refuse to keep your powder dry and want to buy now, […]
Mortgages for the Self-Employed – The Easy Way
Mortgages for self-employed people. Those words don’t normally work together well. But if you work for yourself, the following will give you just the edge you need. Background Consumers have been much more trustworthy than financial institutions lately, but the banks still have the money. If you’re self-employed and you want a mortgage, you’re […]
How to Sell Your Home Yourself in 30 Days for $3,000 (or Less)
You can sell your home yourself and save a ton of money. In fact, in today’s marketplace, this might be the only way to get it sold in a reasonable amount of time. Many people feel that have to stay in their home or rent it out and accept landlord liability and headaches. Neither is […]
How to Reduce Closing Costs in Escrow
New federal lending rules that went into effect in January will help you reduce closing costs in escrow. These rules require more disclosure and don’t allow “surprise” closing cost increases. The disclosure might be especially helpful to you. In the old days, brokers got compensated by using a dirty little trick called “yield-spread premium.” This […]
Should You Put Extra Money Towards Your Mortgage or Invest?
Should you put extra money towards your mortgage or invest? Is it a good idea to pay off your mortgage ever? This is another great question Money Mavens hear all the time. And since I’m part of that fine bunch of bloggers, I thought I’d take a stab at trying to answer. I’ve created a […]