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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...

Shopping For a Mortgage On-Line
September 19, 2005, Revised December 5, 2005, Revised January 12, 2005 This article is on the why, which, and how of shopping for a mortgage on-line: why seek a mortgage this way, which sites are the best, and how do you shop effectively?  Why Shop For a ... more...

real esatate property loans lender land credit score home loan 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...

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

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Apartments For Sale In Coppell Texas
When most people think of apartments, they think of renting the apartment based on the amount of time their lease is for. However, there are apartments for sale as well, and the process of buying one works a lot like taking out a mortgage for a home. There are mainly two reasons why owning an ... more...

Taking the Time to Find the Best Home Improvement Loans
The best home improvement loans usually aren't going to be the first loans that you encounter, but if you're in the market for a loan to pay for repairs, expansions, or improvements to your home or other real estate then it might be worth your time to shop around before you decide on one loan or ... more...

Talk to a Lender Before You Sell Your Home
If youre looking to sell your home quickly, and for top dollar, the best thing you can do is to be able to offer your buyers some sound financing options. Thats why developing a relationship with a lender can be the key to a quick sale, and to more money at closing.Some of your potential buyers ... more...

Real Estate: Financial Considerations $$$
Raw land as opposed to improved property is much more difficult to finance through traditional lenders. The main reasons are that it generates very little income, development costs can be expensive, there are no buildings or improvements that can be used as collateral, and it is often considered ... more...

Living on the Edge: Stressed Out and Nowhere to Go
Is your stress level higher than it should be? Are you struggling with changes in life that you neither anticipated nor caused? If so, keep reading! Most of us carry far more stress than did our parents and grandparents. Life seems more complicated than ever. Nothing is certain, reality is ... more...

Real Estate Lease Option Danger
Why are real estate investors having so much success offering "rent to own" homes?Lease-options offer home ownership opportunities to folks with little cash and not so hot credit.Oh boy, there are plenty of those around.Both parties in a lease-option deal are counting on the buyer being able to ... more...

Buying Outer Banks (OBX) Investment Property
So, youre thinking of purchasing a rental property at the beach. Historically, real estate investments have proven to be a wise investment strategy. The name of the game has always been maximizing cash flow. Years ago, one could realize a healthy rate of return based on cash flow generated from ... more...

Home Buyers Your Price, Not the Listing Price
Here is your opportunity:The media by blowing out of proportion minor interest rate increases has given home sellers concern about the market slow downs, and possibly being stuck with the house. You may be able to get a discount on a home if look closely and are ready to buy quickly.Start today by ... more...

What Is It That You Are Waiting For?
How many times have you intended to accomplish a task that you decided to put off until tomorrow and never seemed to get around to doing?Have you ever made a statement regarding a goal or ambition that you had for yourself such as One of thee days Im going to and one of these days hasnt yet arrived ... more...

Budget Tips
To budget, to have a budget and to be on a budget is not a bad thing; in fact, its just about the best financial situation you can find yourself in. A budget is a valuable financial management tool which will enable you to pay your monthly expenses, save a certain percentage of your income and ... more...

Individual Voluntary Arrangement IVA, an alternative to bankruptcy
Individual Voluntary Arrangement, IVA is an alternative to bankruptcy - which could provide you with a real solution to your debt problems.An Individual Voluntary Arrangement (IVA) is an alternative to bankruptcy. If you have a substantial amount of unsecured debt an IVA could be your best solution ... more...

Cheapest Loans: When Cheap Loans are Not Good Enough
It will be a worthwhile quest, the quest to search for cheapest loans. If you think cheapest loans are out of your reach and constantly evading you then perhaps you are looking at the wrong places. The cost of borrowing, over the last few years, is getting cheaper and cheaper by every day making ... more...

Mobile Home Rentals - A Great Investment
Why mobile home rentals? Get past the prejudice and look at the numbers. In our town, for example, a two bedroom house costs $130,000 and rents for $800/month. A $50,000 mobile home on real estate gets $500/month. Cash-on-cash return on investment is obviously higher with mobile homes.Don't let the ... more...


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