Money Saving Mortgage Tips to Help Save You Thousands of Dollars

Money Saving Mortgage Tips to Help Save You Thousands of DollarsWhen refinancing most people tend to focus on just the monthly payment amount and on little else. While the monthly payment is an important factor the real focus should be on the long term costs associated with the loan. By making the right choices in the beginning of the mortgage refinance you can literally save yourself thousand to tens of thousands of dollars over the life of the loan. Continue reading

Is Stamp Duty on Houses Always Necessary?

Is Stamp Duty on Houses Always Necessary?When you are buying property anywhere in the United Kingdom, there is the assumption that you will have to pay stamp duty on houses that you buy. This is a unique duty that is charged to the buyer of the home or piece of property and, until recently, was always due in full at the time of the sale. However, there have been some significant changes in the laws on taxation Continue reading

Obama’s Loan Modification Plan – How Does it Affect Your Countrywide Plan?

Obama's Loan Modification Plan - How Does it Affect Your Countrywide Plan?There is no doubt at all that Obama’s Loan Modification plan is answering the prayers of millions of Americans who previously believed they had no alternative to foreclosure when they fell behind on their mortgage payments.

If you have applied or are due to apply for a mortgage modification loan through Countrywide, you might be curious as to how this mortgage modification plan will affect you.

Countrywide Continue reading

Avoid Foreclosure With a Friends Advice

Avoid Foreclosure With a Friends AdviceLoan Modifications are becoming a more common verbiage in any conversation these days. It allows the distressed home owner the opportunity to have their monthly mortgage payment reduced in a steady, more manageable fashion. There are a variety of services and professionals available for this application but here are some facts;

Misconception #1: I can’t do this Continue reading

Bad Credit Home Loan Refinance Information

Bad Credit Home Loan Refinance InformationThe current crisis put many homeowners in difficult financial situations. The value of their homes went down, many people lost their jobs but the cost of living is still high. Because their homes were bought using bank loans, they find it increasingly hard to make their monthly payments. One option that many homeowners at a fix are considering is a bad credit home loan refinance. Although Continue reading

Loan Modification Hardship Letter – Reasons to Avoid

Loan Modification Hardship Letter - Reasons to AvoidA loan modification is when the lender modifies your current mortgage in order to work with you because of a hardship. The most important qualification for getting a Loan modification approved is a valid hardship. Hardship can be that you’ve been laid off, hospitalized, unable to work, or mortgage loan adjusted to a higher interest rate, was deceived into a loan, went through a divorce, Continue reading

Dumb Things People Do With Their Mortgage Because Their Financial Advisers Tell Them To

Dumb Things People Do With Their Mortgage Because Their Financial Advisers Tell Them ToOne of the major problems with employing a financial adviser is that when they tell you to do something, you usually follow it as gospel no matter how wrong it may be.

Because your financial future is so important and you have to take great care in order to make all the right decisions, you should be advised against certain financial decisions that can wreck your chances Continue reading

Liberate Yourself with a Refinance Mortgage

Liberate Yourself with a Refinance MortgageDo you remember when you first moved into your house? You were ecstatic. It was a relief to be finally out of your claustrophobic apartment. Finally, you get to step out into a lovely yard overflowing with soft, fresh breeze. It’s a sharp contrast to your apartment where you only step out to a narrow hallway that was anything but friendly.

Enough Assuage

Your house was not perfect, Continue reading

Four Tips on the Most Common Mistakes of an Appraisal

Four Tips on the Most Common Mistakes of an Appraisal1. The main part of the appraisal is the subject information. If this information is incorrect and the underwriters can’t identify the data that they need, the appraisal will have to be reviewed for accuracy. For example, when reviewing an appraisal in Spokane, WA, I noted that the parcel number was incorrect. This is one of the reasons why this appraisal was under review.

When the parcel number Continue reading

How to Lower Refinance Mortgage Interest Rate

How to Lower Refinance Mortgage Interest RateWhen you want to refinance your mortgage, there are several factors that you should put into consideration. One of them is the refinance mortgage interest rate.

When you apply or enter into a transaction that will have an interest, careful consideration should be taken into account with regards to the rate and duration of payment.

Most people who have had issues Continue reading