There are many factors that can affect lending by most bank managers and many of them are outlined below; 1. Type of account the customer operates: Although loans are available to non-account owners, in general more loans are given to current account owners as compared to those operating savings accounts. 2. Amount involved: If it … Read more
Do you know that you are being cheated? Now, everywhere. on TV. in the newspaper. On the radio. in magazines. You’re getting the same message over and over again: “Buy now, pay later”; “Consolidate your loans into one easy monthly payment”; “Get a Secured Line of Credit”. Or the perennial favorite, “Don’t worry, it’s good … Read more
Potential buyers have the option of buying a pre-owned car or buying a brand new car. The choice of a potential buyer depends on his budget, finance options and personal preferences. Buying a pre-owned car is a bit different from walking into a showroom and buying a new automobile. While buying a pre-owned car, some … Read more
“Cursing my eyes… People I’ve seen… Crawlin’ Through Ruin of the American Dream” vacation farm Perhaps the biggest aid to illegal foreclosing parties is the word “mortgage”. The term is widely misused as a synonym for “home loan” in all 50 states. Home loan has come to be known as the term mortgage. But, taking … Read more
More homeowners age 62 and older are starting to take advantage of the many benefits that a reverse mortgage offers them, including the elimination of monthly mortgage payments and access to their home’s equity. Unfortunately, as these loans have become a more popular form of financing, the ways in which older homeowners are being defrauded … Read more
If we had workable, crystal balls, Wouldn’t it be easier to predict trends, and what will the future bring? However, since most have not found their own personal version of these reliable, it may make sense, in order to better understand, some hints, and pointers, which may be useful, in providing us with more information, … Read more
You must have heard the saying: there is profit when you buy property. Simple, yet powerful. Unfortunately investors often forget that lesson and end up paying way too much for properties. If I’m going to rehab a property and put together money for that project, it’s important that I know the exact price to pay … Read more
Following my interview with Jenna Lee, Connell McShane and Daegan McDowell on FOXbusiness.com yesterday, it was clear from the e-mails that many people are dealing with crippling issues paying their mortgages and that the big concern is That many people are waiting for the government. intervention to solve the problem. While we expect answers and … Read more
As a senior, it can be difficult at times to enjoy life to the fullest. Sometimes there are times when you need extra cash or a line of credit to access any time you choose. Would you like to buy a vacation home, support your grandchildren or send them to college, while you are still … Read more
In the good old days, before the housing bubble burst, being a mortgage broker or loan officer was like having a license to print money. After all, interest rates were low, housing prices were rising, and almost any homeowner could be persuaded to refinance their home. On top of that, banks and lenders were particularly … Read more