Category Archives: Mortgages and Real Estate

Habits of the successful forex traders

The new traders in the Forex market always wonder how to do these successful traders have come through this road of beginner to professional. It is not made in a day and they have a long history of effort and hard work behind their success. They have developed some habits which are followed by them every day. The lamas in Tibet always do some practice before they begin their day. These practices have been in them f READ MORE ...

Why Work From Home?

Are you fed up with your current job? Never had time enough for a child and your family? Do you spend 2-4 hours per day in traffic jams? Or after all the effort you do, you still have problems with your finances? If you answered yes to a minimum of one of the questions above, Within 5 minutes ahead you will see how you can work from home, set your own time, have more time for people who are important in your life, READ MORE ...

Mortgage and Real Estate : Ten tips to have an awesome mortgage in 2017

ome sales will accelerate, and a new president will occupy the Oval Office. Those are two predictions we can make with confidence about 2017. As for mortgage rates, who knows? They were low throughout 2016, and they could remain low in 2017, or rise. There’s not a lot of room for them to fall. Whether you are buying a home or refinancing your loan, here are 10 mortgage tips for 2017. 1. You can make a small READ MORE ...

Mortgage and Real Estate : Tips from the twenty-five Most Influential Real Estate and Mortgage Pros on Google+

If you’re like most people who want to find out what’s trending now, or you need tips and advice, you’ve probably gone to Facebook, Twitter or Pinterest. But one of the newer social platforms that you may not have used yet is Google+. I decided to mine the vast knowledge of Google+ by finding the 25 most influential real estate and mortgage professionals who use the social platform. Here’s their best advice READ MORE ...

Mortgages and Real Estate : Top Ten real estate tips for 2017

High demand and low interest rates drove housing sales in 2016, and 2017 is shaping up to be another good year, albeit with a few minor caveats. While home prices for starter-to-midrange homes are pushing upward toward pre-recession peaks, especially in secondary markets, they’re stabilizing in higher-priced areas. Prognosticators see the robust markets of Seattle, Portland and Denver as 2017’s top perf READ MORE ...

Mortgages and Real Estate : Help Buyers Compare Mortgage Options

Buyers face a big challenge in choosing a mortgage, but you can help them get off to a good start. How do you know which mortgage option is best for a particular buyer? Even if economic experts could agree about what will happen to interest rates during the next year, you still shouldn’t choose a type of mortgage for a buyer. What you should do is stay as informed as possible about mortgage options. Then you READ MORE ...

Mortgages and Real Estate : Flexible Financing Techniques

As conditions and needs change, new and more flexible financing techniques have been introduced by lenders. The switch from term mortgages to fully amortized mortgages and the increase in the loan to value ratio are examples of such action. While no one is sure as to exactly what lies ahead, a number of different types of financing techniques are currently being used. Graduated Payment Mortgages (GPM) Under the fu READ MORE ...

Mortgages and Real Estate : Types of Property Pledged

  Package Mortgages Quite often the sale of real property includes certain items and equipment as part of the sales price. Rather than acquiring separate mortgages on each of these items, the buyer can, through the use of a package mortgage, finance both the real property and the personal property. In residential real estate, a builder might include a stove, refrigerator, dishwasher or air conditioning in the sale READ MORE ...

Mortgages and Real Estate :Junior Instruments (Second Mortgages)

A junior mortgage is one which has a lower priority or lien position than a first mortgage. A third or even a fourth mortgage is also classified as a junior mortgage. What established a mortgage as being a junior mortgage is that it was recorded after the first mortgage was recorded and thus its lien position is inferior to the first mortgage. Purchase Money Mortgages (PMM) The term purchase money mortgage has a d READ MORE ...

Mortgages and Real Estate : Priority Senior Instruments (First Mortgages)

To hold the first mortgage on real estate means that the lender`s rights are superior to the rights of subsequent lenders. This means less risk to the lender, which normally results in a lower interest rate charged to the borrower than charged on second or junior mortgages. Certain lenders only make first mortgages due to regulatory requirements; others limit mortgages to these senior instruments due to company pol READ MORE ...