04th November 2005
The political landscape this year has been nothing but ugly. It promises to come to full boil with the proposed tax reform eliminating or reducing the mortgage interest deduction.
Tax Reform or Raising Taxes
There is an old saying about the two pol...
04th November 2005
A bipartisan committee has made two recommendations to President Bush regarding tax reform. In this article, we take a look at the second option.
Tax Reform
A year ago or so, President Bush decided to spend his political capitol on tax reform and f...
27th October 2005
A committee appointed by President Bush has come up with an alarming recommendation. They want to limit the tax deduction for mortgage interest!
Reform
Following his re-election, President Bush set up an aggressive agenda in which he hoped to reform...
27th October 2005
Traditionally, homebuyers could look to two forms of mortgages – fixed rate and adjustable mortgages. While there are now many more options, this article takes a look at the adjustable rate mortgage.
What is an ARM Loan?
An adjustable rate mortgage ...
22nd October 2005
Commercial real estate is distinctly different from residential real estate. The terminology is very different and here is a list of new terms from A to M.
Commercial Terms
According to Value: The value of the property when computing property taxes...
22nd October 2005
Commercial real estate is distinctly different from residential real estate. The terminology is very different and here is a list of new terms from O to Z.
Commercial Terms
Operating Expenses: Just as it sounds, operating expenses are those costs a...
29th September 2005
With soaring real estate prices, many Americans are looking to alternative home options. Modular homes are one of the popular affordable housing options.
Modular Homes
Modular homes represent almost 8% of all new U.S. home sales, with nearly 43,000...
28th September 2005
Selling your home can be a complex process. If you make mistakes, you may be unable to sell you home or have seller's remorse. There's no need for this if you keep in mind the following.
Overpricing Your Home
It's important to be realistic about the...
28th September 2005
When borrowing money for a mortgage, homebuyers are primarily concerned with simply qualifying. Still, paying attention to the length of the loan is a borrowing tip that can save you a ton of money.
Home Loans
In the mortgage industry, the length of...
28th September 2005
The mortgage process can be a little confusing if you aren't familiar with the terms used in the process. To help you out, here is a list of terms with corresponding mortgage definitions.
Broker: An independent mortgage professional that oversees the e...
26th September 2005
The naysayers are proclaiming the end of the real estate boom once again. Once again, they are wrong.
Boom, Boom, Boom
In recent years, it's impossible to turn on the television or read the headlines without seeing a warning of impending doom. Expe...
25th September 2005
Once you've decided to buy a property, the first step is not to go house hunting. Instead, you should find out what you can borrow. In doing so, it is important to understand the difference between loan qualification and approval. Pre-QualifiedGetting pre...
25th September 2005
Many a first-time homebuyer has grumbled about paying private mortgage insurance. This article discusses the particulars of private mortgage insurance, also known as "PMI."Private Mortgage InsuranceUnless they owners are insane, every business in the Unit...
19th September 2005
If you are applying for a mortgage, you're going to have to deal with credit scores. Here's a primer on credit scores and methods for improving them.
Credit Report
Step one in the process is making sure that you have a current copy of your credit re...
15th September 2005
The real estate market in the United States is undeniably hot, hot, hot. This toward pace has resulted in an odd mortgage qualification problem – low appraisals. Here are your options if you get a low appraisal amount.
Appraisals
An appraisal is si...
