If you are having trouble getting a mortgage your broker might press you to get someone to cosign a loan to make the deal happen. Even though it might sound like a great idea….please slow down. There are risks to both you and your cosigner if anything goes wrong with your mortgage. Here are the top 4 […]
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.
7 Unique Ways To Overcome Obstacles To Get Your Mortgage Approved
If you are trying to arrange financing to buy a house, there are four things you need: 1. Proof that you have the money for the down payment 2. Proof that you have stable income 3. The highest credit score you can get 4. Monthly income that is at least three times the mortgage payment If […]
5 First Time Homebuyer Mistakes You Don’t Want to Make
Even though property has appreciated rapidly over the last 5 years, it’s still a good time to consider real estate for investment. And if you are a first time homebuyer, you are probably very excited about the prospects of owning your own place instead of renting. Still, you need to be careful. There are at […]
Six Reasons to Make a 20 Percent Down Payment on a House
It is common for homebuyers to purchase homes with minimum down payment loans. 5% down, 3% down and 0% down have become popular, especially with first-time homebuyers. But if you’re interested in achieving financial independence, you might want to rethink minimum down payment loans. This is even more important than the question of taking a […]
How to Make An Insurance Claim Without Getting Hosed
I wish I had known how to make an insurance claim a few years back. In 2006 my toilet gave me a gift that kept on giving – and it wasn’t nice. Water flooded out of our commode into our living room and kitchen. This ruined our beautiful hard wood floors, leather furniture and newly […]
How to Downsize Your Home
If you are thinking about how to downsize your home, you might be on to something big. It’s often one of the best ways to secure your financial situation. Then again, you could be wasting your time entirely. Let’s explore. It’s true that maintaining a home is much more expensive than people realize. And the […]