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Real Estate Tips
BofA Makes Home Loan Principal Reductions
2 Sep 2010 at 6:46pm
For all those who think they are hopelessly drowning under the weight of their mortgages it is time to rejoice! Quite recently somehow fate shone on you and to make sure that you are still able to stand up on your own two feet the bank of America is offering you an opportunity to get a mortgage principal reduction.

Hidden Mortgage Closing Costs Are Ripping You Off
2 Sep 2010 at 4:52pm
There are many mortgages closing cost, which can change from a person to person and from one mortgage to another. Here are the main loan closing costs associated with the mortgage loan.

40-Year Mortgage Loans Make Sense - When Do They Make Sense?
2 Sep 2010 at 4:28pm
40-year mortgage loans spread the repayment period longer than the traditional loans. But how much does that save you? How much does it cost? For whom are they a good mortgage loan?

The Secret Life of Mortgage Brokers
2 Sep 2010 at 2:45pm
If you're like most homeowners, you've had a mortgage through a mortgage broker and did not pay upfront for it. Instead, you let the mortgage broker figure out how to get paid from the lender. And how much. And you probably ended paying a lot more than if you had agreed to pay the broker yourself.

FHA Loan Changes and What They Mean For You
2 Sep 2010 at 2:03pm
The Federal Housing Administration is going to be making some changes to the FHA loan. These changes will go into effect on October 4, 2010. The two aspects of the FHA loan that are changing are the Up Front Mortgage Insurance Premium (UFMIP) and the Mortgage Insurance Premium (MIP) that is charged to borrowers on a monthly basis.

Is a Home Equity Loan Something To Jump On?
2 Sep 2010 at 1:53pm
If you're a homeowner then you know that after a while you'll start to get offers in the mail for various loans that center around the equity you have in your home. Everything from refinancing home equity loans. Of course the question becomes whether or not you should actually take advantage of tools like these.

Can FHA Mortgage Rates Benefit The Consumer And The Lender?
2 Sep 2010 at 1:06pm
If you've been looking at getting into your first house then you know the amount of research and work that needs to be done before you can claim the home and begin your life as a new home owner. This of course extends to many different factors such as the base price of the house itself, your income, your credit rating and of course the amount that you can handle when it comes to monthly payments as well as interest rates.

Underwater Mortgage
2 Sep 2010 at 12:54pm
Underwater Mortgage situation is an unexpected shock for a property owner. This may happen as an aftermath due to economic downturn or change in some demographics. When the market value of the property falls below its mortgage terms than the underwater mortgage is said to have come in play.

Is a Reverse Mortgage Something You Should Seriously Consider?
2 Sep 2010 at 12:48pm
If you have any interest at all in the real estate industry, then you know that a big part of that mortgage industry. After all, with the various lending options and interest rates available there is more than one way to own a home and also to make money. But what if you are a senior citizen on fixed income and you need some extra cash? A reverse mortgage may be what you need.

Can a Reverse Mortgage Calculator Assist You in Figuring Out If You Should Ha...
2 Sep 2010 at 12:45pm
With the state of the world economy still shaky, many of us are finding that our traditional jobs are just barely letting us keep food on the table and a roof over our heads. It is doubly difficult for those that have retired and are now solely supported by their pension that they've paid into over their working years and perhaps disability payments.

Three Tips on When to Consider Mortgage Refinancing
2 Sep 2010 at 12:42pm
If you're a homeowner then you know that economic troubles that have played much of the world over the past few years have had the housing industry and the mortgage industry very hard. It seems that lenders are not as willing to give mortgages to first-time homebuyers and similarly not as willing to talk about mortgage refinancing as they once were.

Is the Mortgage Calculator Worth Your Time?
2 Sep 2010 at 11:58am
If you're looking at buying your first home or even your second then you know that one of the main things that you will need to watch out for and understand is everything there is to know about mortgages. Although commercials on TV and ads in the paper may make it seem like mortgages are nothing to be concerned about and really not a major life altering decision, you should know that it can get very complex very quick.

What is a Non Status Mortgage?
2 Sep 2010 at 11:34am
A non status mortgage is a specific lending instrument designed to allow individuals who are unable to establish normal income to qualify for a loan. This mortgage type was originally intended to provide loans to people who owned their own businesses or were self-employed in some other fashion. Recently, however, the qualifications have been expanded to those who earn additional income through a second job or by working at home, and individuals whose income can fluctuate drastically from month to month, such as commissioned salespeople...

First Steps on the Property Ladder Courtesy of a Right to Buy Mortgage
2 Sep 2010 at 11:23am
A right to buy mortgage is often the only way in which council tenants can avail themselves of home ownership and take their first step up the property ladder. Despite its popularity, the right to buy scheme is often little understood from those who can benefit from it the most and, therefore, many tenants fail to exercise their rights. Although over a million and a half residents have already availed themselves of this opportunity, many more currently qualify but do not understand how the system works...

Finding the Best Deal Remortgage Options
2 Sep 2010 at 11:17am
There are many reasons one may wish to remortgage their home. If your current interest rate is well above those currently being offered, it will almost certainly benefit you to switch to a new mortgage with a more competitive rate.

What Type Of Home Buyer Are You?
8 May 2008 at 8:59am
Granted, in real estate sales we do everything for a buck. If you don't believe me, ask your friendly neighborhood Realtor (but ask him politely). So, in the spirit that uniquely characterizes the lives of charming professionals such as myself, the real estate community routinely goes back in time throughout the annals of the history of mankind in an effort to discover new elements of the human psyche, which can help achieve exactly this goal: doing everything for a buck.

The Curse Of The Crude
2 May 2008 at 10:07am
Signs abound that oil production may be topping out. Is this the end of the world as we know it?

Use, Location And Market Timing
5 Nov 2007 at 3:23pm
At minimum, a Realtor always must ensure that the Client has an understanding of whatever interest he/she wants in a real estate asset and the character that particular interest might include in the wide range of real estate asset types. Real estate transactions range from simple purchases of single-family dwellings to more elaborate types of transactions, such as leasing of office, retail or warehousing space to acquisition of real estate assets in liquidation.

The Triumph Of Unreason
20 Oct 2007 at 1:41pm
Examining why you are not always rational when purchasing real estate. Neoclassical Economics is built on the assumption that humans are rational beings who have a clear idea of their best interests and, moreover, strive to extract maximum benefit.

Financial Insecurity And The Rise Of Real Estate
2 Aug 2007 at 3:09pm
The effects of the recent real capital appreciation on income.

The Most Expensive Homes In The World
30 Jul 2007 at 12:30pm
Wedding anniversary is coming up and you don't know how to surprise the wife? Want to indulge yourself but don't know how? Looking for a change in your daily routine but do not know what to do? Not to worry. Here are a few ideas personally hand-picked by a 21-year real estate veteran.

Real Estate And The Degree Of Happiness
25 Jul 2007 at 3:25pm
Real Estate can make us rich. Don't ask it to make us happy as well.

Russian Roulette
17 Jul 2007 at 10:06am
The oil policy of Vladimir Vladimirovich Putin, President of the Russian Federation.

Real Estate And Personal Wealth
28 Jun 2007 at 12:43pm
How the appreciation of real capital assets has redistributed household wealth.

2007 - Mid-Year In Review
21 Jun 2007 at 4:09pm
A retrospective look at 2007 reveals that, contrary to many year-end predictions and a few economic forecasts, Real Estate still rolls, Canada is still in one piece, America has not drowned into the worst recession since the disappearance of the dinosaurs and the Twelfth Imam has not landed from the Moon yet.

The Incredibly Shrinking Dollar
10 Jun 2007 at 12:40pm
... and how it affects real estate consumers in North America.

Let's Play Monopoly
5 Jun 2007 at 10:10am
The commercial property market REIT's remain piping hot, even as housing shivers.

Sticky Deals
30 May 2007 at 9:41am
Price stickiness in a slower real estate market.

Real Estate And The Year Of The Pig
18 Feb 2007 at 9:03am
Gung Hay Fat Choy! (Happy New Year)

Recreational Properties
3 Feb 2007 at 9:15am
A niche market that never seems to slow down.

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