A few years ago, when home values were soaring and the mortgage market crash and financial crisis had not yet caused widespread panic and financial difficulty, cash-out refinances were all the rage. Homeowners refinanced their homes [...]
As you build equity in the home, you can begin to access it for cash. However, accessing the equity in your home for cash isn’t always the best idea. Depending on how you go about accessing [...]
One of the retirement planning tools that has become more popular in recent years is the reverse mortgage. More and more seniors are turning to the reverse mortgage to help them tap the equity built up [...]
If you put less than 20% down on your house, your lender will insist that you pay Private Mortgage Insurance (PMI). This type of insurance doesn’t protect you; it protects the lender. If you default on [...]
Whether you are buying or selling, the prospect of a short sale can be cheering in the current real estate market. For buyers, a short sale offers the opportunity to get a great deal on a [...]
When you own a home, one of the most important concepts you can understand is loan to value ratio. Your loan to value (LTV) ratio is an expression of the amount of your mortgage as a [...]
If you’re dealing with a tight financial situation, a career crisis, the start of a new business, or you’re just worried about the direction of the economy, you need to read this. Often, after we’ve cut [...]
Owning rental property has a certain amount of appeal, mainly due to the fact that you own an asset that you can sell later, if you like (and if it appreciates enough in value). On top [...]
Many of us are conscious about the environment and want to take steps not only to care for our home but to be more environmentally clean in the process. Here are four ways to help make [...]
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