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Are Reverse Mortgages in the Mainstream?
March 24, 2003 ?I read a lot about reverse mortgages and how they are becoming part of the financial mainstream.  Is this true, and if so, why?? Reverse mortgages are picking up some steam, but they have a long way to go. A reverse mortgage is a loan to an ... more...

Is Unused Home Equity a "Missed Fortune"?
18 July 2005 "I don?t understand why a Wharton professor would not recognize that unused home equity is a missed opportunity? Isn?t home equity safer in a conservative side fund than buried in the house earning a 0 percent return?" The New and Old Wisdoms of ... more...

tucson hard money related definitions

Mortgage Broker
Mortgage Broker A company or a qualified person that obtains mortgages for borrowers by finding lending institutions, insurance companies or private sources to lend the money. If a person, mortgage broker called a loan officer. A mortgage broker works for you, not for the ... more...

Earnest Money
Earnest Money Money given by a buyer to a seller as part of the purchase price to bind a transaction or assure payment. This deposit made by a buyer of real estate towards the down paymen is typically held by the real estate brokers or the escrow company. ... more...

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Get Free tucson hard money 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...

Adjustable Rate Mortgage Avoid a Heinous Mortgage Mistake
Adjustable Rate Mortgages tempt homeowners with low introductory payments. If youre not careful this adjustable interest rate could turn into an ugly nightmare. Here is what you need to know about Adjustable Rate Mortgages.Mortgage lenders often advertise adjustable rate mortgages with a ... more...

Hard Money Lenders -- "No Money Down" The Easy Way
Would it help you as a real estate investor to be able to "Close For Cash in Days," even if you're tapped out financially?Hard money lenders are perhaps the best way to get 100% financing with easy qualifying, money for fix- up, and fast closings.So what can hard money lenders do for you? Hard ... more...

Why a Hard Money Lender Might Be Your First Stop
It isn't uncommon to hear mortgage industry insiders refer to hard money lenders as a last resort. While this may be true to the extent that many borrowers who solicit loans from hard money lenders do so as a last resort, there are many cases in which a hard money lender may be sought before a ... more...

Bad Credit? No Credit? No Money? No Problem!
Have you ever walked into a bank or mortgage brokers office to apply for a mortgage loan and was told, Your credit doesnt meet our guidelines? Or even better, you dont have enough money for the down payment. How about, You dont have a long enough credit history for us to tell if you are a viable ... more...

Private Money Vs. Hard Money
I interview real estate investors for my website and recently I came across a number of investors who teach about using private money to purchase real estate. However, if you would have asked me one (1) year ago about the difference between private money and hard money I would not have been able ... more...

Hard Money Loans - Reasons Why You Might Want To Try Applying With A Subprime Mortgage Lender
Before you apply for a hard money loan, try applying with a subprime mortgage lender first for lower rates and fees. Hard money lenders charge excessive fees to high-risk borrowers, but will only lend 50% to 75% of the value of the property. On the other hand, subprime lenders offer loans to ... more...

Bad Credit Loans and Lender Questions & Answers
Q: What is a private investor and how do they differ from a hard money lender or a subprime lender?A: A private investor is an individual who lends out their own funds to borrowers who are unable to obtain a loan from a traditional lender such as a bank. It is also possible for private investors to ... more...

Real Estate Problem Solver
IntroductionThere are many areas one can invest in. Since I was 15 years old I have looked for the fastest, most effective way to accumulate a lot of wealth, with the least amount of risk. I am now 58. While looking for this road to truth, I spent a lot of time in the school of hard knocks. The ... more...

No Money! Does It Really Matter? (Free E-Books)
You can use the sellers existing financing for part of the purchase price. Buying "subject to" you only have to fund the money for the sellers equity! You can get a cash buyer and do a simultaneous close or flip your deal to the buyer for a cash assignment fee. You can sell your contract to another ... more...

3 Strategies For Buying Property With No Money Down
Everyone has heard a story or read about someone who bought a property without paying a single dime as a down payment. But how does this work?There are several "classic" methods commonly used to purchase real estate with no money down. There are an infinite variety of situations in a real estate ... more...

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