Dan Lewis

ARM – Adjustable Rate Mortgages

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 ... Read >

Commercial Real Estate Definitions - From A to N

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... Read >

Commercial Real Estate Definitions - From O to Z

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... Read >

Modular Homes - Affordable Housing

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... Read >

Selling Your Home - Don't Be A Victim

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... Read >

Mortgage Borrowing Tip – Length of Loan

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... Read >

Mortgage Terms and Definitions

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... Read >

Real Estate Boom To End? – No!

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... Read >

PMI – Private Mortgage Insurance

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... Read >

Understanding Credit Scores and Repairs

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... Read >

Mortgage Qualification Problems – Low Appraisals

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... Read >

Mortgage Qualification Problems – Not Enough Income

Qualifying for a mortgage can be a stressful affair. A common problem that can occur is not having enough income to qualify for the loan amount. If you have this problem, here are a few possible solutions. Mortgage Creativity You find the house of ... Read >