Tag: Financing

How Large is a Trillion

How Large is a Trillion?

Too often, “trillion” is used when discussing US expenditures or debt. Bummer. Ok, so how large is a trillion?

Using a Credit Card to Finance Deals

Using a Credit Card to Finance Deals

Have you ever used a cash advance on your credit cards to finance a real estate deal? Consider this:

HUD SAFE Mortgage Act

HUD SAFE Mortgage Act

This legislation makes Owner Financing illegal.

How Many Ways can Lenders Prevent a Closing?

How Many Ways can Lenders Prevent a Closing?

I do not want to know. However, I did just find one more answer to add to my list of personal experiences.

Mortgage Resets

Mortgage Resets – Here comes the next wave

I know everyone really wants to believe the housing market is going to get better in 2010. I know we’ve all had enough of the gloom and doom, but it appears we have to brace ourselves for more of the same, at best. We’re so […]

Turned Down for a Mortgage? What's Next?

Turned Down for a Mortgage? What’s Next?

About half of all mortgage applicants are being turned down. The rules keep changing. Don’t give up.

Reverse Mortgage - Good Thing or Bad?

Reverse Mortgage – Good Thing or Bad?

A reverse mortgage provides income for people to tap into for their retirement. Is that good?

5 Things that can Hurt Your Chances of Getting a Mortgage

5 Things that can Hurt Your Chances of Getting a Mortgage

Before shopping for a home, explore the following five areas to see how you will look in the eyes of a lender:

Home Equity Loan

Home Equity Loan

What is a Home Equity Loan? Can you get one? Do you want one?