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How Much of Your House Does an Investor Deserve?
1 August 2005 "I have a friend who wants to put up the 20% down payment I need to purchase my house. It would be an investment by him, which he would recover when I sell the house or in 7 years, whichever comes first. Our problem is in determining the percent of the house ... more...

Which Reverse Mortgage Option Do I Choose?
October 20, 2003 "I am 75 and plan to take out a Home Equity Conversion Mortgage. My problem is that I keep vacillating between the different options. One day I think I want the credit line and the next day I think I want something else. Can you help?" I can?t give you any specific ... more...

maintenance costs related definitions

Appraisal
Appraisal An estimate of the value of property, made by a qualified professional called an "appraiser". Before a lender will lend you the money for a home, they will first require an appraisal to be done by a qualified licensed appraiser ... 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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Get Free maintenance costs Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Single Mother and Learning how to Save
Saving may seem easier if you were saving for a new car, or a vacation however when it comes to saving in general it may prove to be more challenging because you may not necessarily feel you are receiving a reward from it. However saving pays off, especially as a single mother. All you need to do ... more...

Retirement Income Needs---Less Than You Think?
It is widely written that you need 75% of your present income to maintain your present life-style in retirement. If you make 100 thousand now, figure 75 thousand in retirement.Fifty thousand now, figure 37.5 thousand in retirement. The average retirement income in the US is 27 thousand. See ... more...

Landlord Insurance
You have just spent a lot of money buying a property either it is your home and you are going to work overseas for a while or in a different part of the country. It might be an investment property a buy to let or a buy to let via a SIPPs Property Pension. You might just have inherited the ... more...

Refinance Home Mortgage Loan with Poor Credit - 3 Tips on Getting Approved
Refinancing your home mortgage is the cheapest type of credit you can access when you have a poor credit history. Based on your propertys value and equity, you can pull out cash for home improvements or to consolidate bills. Or you can decide simply to reduce your rates and monthly payments. To get ... more...

Comparing Auto Lenders Online
Auto lenders each offer unique financing packages. Even if rates are the same for auto loans, differences in terms and restrictions can help you decided between lenders. While you compare interest rates, also look at the fine print to be sure you can buy a car where and when you want.Ask About ... more...

SmartCar Memory Stick for LapTop Transfer Data
With the new technology used to transfer information to from your digital camera to your laptop or PC using memory sticks which hold significant amounts of data it appears such technology will be perfect for net-centric cars. Where all the data is stored in a black box situation as many cars now ... more...

Reverse Mortgages Learn The Facts First!
Reverse Mortgages, Most Common Features:Many offer special appeal to older adults because the loan advances, which are not taxable, generally do not affect Social Security or Medicare benefits.Depending on the plan, reverse mortgages generally allow homeowners to retain title to their homes until ... more...

Buying and Selling Distressed Houses for Maximum Profit (Update)
If you want to become a real estate investor, find a "fixer-upper" owned by an anxious seller. Finding distressed houses at bargain prices, fixing them up, and then selling them on a consistent basis can make you a multi-millionaire.Why Sellers Sell At a DiscountHome owners' problems often prevent ... more...

10 Things to Look for in a Home-Equity Line of Credit
If you are a homeowner, you've probably received offers to apply for a home equity line of credit (HELOC). Handled with care, home equity credit lines can be an excellent way to improve financial flexibility, provide readily available cash reserves for emergencies, or pay for large expenses (like ... more...

Stop Using Your Credit Cards
The average household now carries an average of between $6,000 and $10,000 in consumer credit card debt. But there an unfortunate number of people who have more than $100,000 in debt from using multiple credit cards. Consumers rely on credit cards more than ever before and may pay interest rates of ... more...

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