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How Does Simple Interest Work?
January 5, 2004 "What are the benefits/drawbacks of a simple interest loan versus a traditional mortgage? Which would you take if offered the choice?" I would select a traditional mortgage. If ... more...

HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

new mortgage simple interest loan credit report bank seller related definitions

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

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The Philosopher's Stone
If you know how to spend less than you get, you have the philosophers stone Benjamin FranklinOk, so how do you do it? It seems like any time I try to spend less, a new expense comes charging (so to speak) through the door. Here are a few suggestions Ive gathered:1. Robert Kiyosaki, investor, ... more...

Apartment Loan 101
So youre interested in going into business as a property manager? Have you given any thought yet to youll enter this potentially profitable market? Reality check-unless youve just inherited a large sum of money from a relative or are otherwise independently wealthy youre going to find someone to ... more...

Free Credit Reports Now Available From the FTC
The Federal Trade Commission (FTC) has set up a new website (www.AnnualCreditReport.com) where US residents can obtain free copies of their credit reports from the three major credit report bureaus (Equifax, TransUnion and Experian). The FTC site was set up as part of the Fair and Accurate Credit ... more...

You Can Bank Online
It used to be that banks were service providers who were open late and made their money by investing the money you deposited with them. For depositing money with them, they would pay you a little bit of interest.The times, they are a-changing!How times have changed! Nowadays, you will be lucky to ... more...

Get Cash Now For Your Business Note
BACKGROUND AND FUNDAMENTALSA business note is generated every time an individual sells a business and chooses to carry the financing and collect regular payments from the new business owner(s). There are literally millions of dollars in business notes in the United States.People are interested in ... more...

How to Manage Your Money When Working Overseas
Its a fact that employers look favourably on a resume that presents an independent, dynamic individual who has an open mind and has seen more of the world than their own back yard.With this fact in mind a greater number of people are taking time away from their studies and careers nowadays and ... more...

Boston Real Estate You Still Have Considerable Control Over the Sale of Your Boston Home
Boston real estate is a hot topic. Daily newspaper articles comment on whether or not a bubble exists in the Boston real estate market, when and if it will pop, how interest rates affect the market, why Boston residents are snapping up interest-only loans, and how foreign investors in our ... more...

ERP Software Financing: the Future? Overview for Company Owner
In our case we serve Microsoft Business Solutions ERP and CRM products: Microsoft Great Plains, Microsoft CRM, Navision, Microsoft RMS, as well as we do customization and integration to these products. We would like to share with you our experience with financing through Microsoft Financial ... more...

Get Out of Debt
It is said that a pet tiger cub can become dangerous if it tastes blood. It will stop at killing no one, not even the people who brought it up. Similarly, once we get the taste of money and the freedom of purchasing through credit, we seem to know no bounds. What do we land up with? Heaps and heaps ... more...

Unique Gift Items 3 Creative Ideas
With promotional items there are standards: t-shirts, mugs, note cubes, calendars, magnets and keychains. Then, there is the really creative. Sometimes with a specific campaign, you may want to go above and beyond and really start a buzz about your company.This is not to say that creativity ... more...

One A Month In Your Network Marketing Business!
Hi All,This could be the most important email you'l ever read with respect to your Network Marketing Business.Just imagine for a second in your Network Marketing business that you set a goal to sponsor at least 1 new Distributor a month (very conservative & attainable) and thought everyone whos ... more...

Real Estate Bubble? How to Profit in ANY Real Estate Market
With all the talk of a pending real estate bubble or falling sales prices, real estate investors need to guard their money and find new ways to make money. No matter what the market does, you can make money investing in real estate when you know what to do and what to avoid.How to Make Money ... more...

Secrets Your Banker Won't Tell You - Which Loan is Best for You?
Recently I was driving in my Car and I heard an Ad for a Mortgage lender who claimed they would help you find the Best Loan out of over 400 Different Loan Types. 400 Different Loan Types now that has to be confusing. How do you find the Best loan for you. Clearly the Best loan for you is not the ... more...

Are You An Innocent Victim of These Popular Myths?
Misconceptions, misinterpretations and just plain untruths are floating about income taxes. Believing them could be costing thousands of tax dollars!Myth: A Professional Tax Preparer knows all there is to know about taxes so you don't have to know anything them.Truth: Tax ... more...


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