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Interest-Only Mortgages
By :
real estate article auther
An interest-only loan is one that gives you the option of paying just the interest or the interest and as much principal as you want in any given month during an initial period of time after your closing.
How Mortgage Interest Rates Are Affected
By :
real estate article auther
Generally speaking, interest rates are influenced by supply and demand. When the economy is robust and borrowing is strong, interest rates rise. When the economy softens and there is less borrowing, interest rates go down.
10 Tips to prepare your home to increase the sales price
By :
real estate article auther
Everyone knows that curb appeal and first impressions make all the difference in the world. If you were paying top dollar for a home, you would want it "Move In Ready." Here are 10 ways you can make yourself more money by increasing the sales price of your home.
How Mortgage Loans Work
By :
real estate article auther
Excluding property taxes and insurance, a traditional fixed-rate mortgage payment consist of two parts
The Mortgage Elimination "Scam"
By :
real estate article auther
The claim is that you can legally eliminate your mortgage based on an accounting loophole that goes something like this...
"If the lender who funded your loan used borrowed money to fund your loan, then the loan is not valid. And, since the loan is not valid, the security (mortgage or deed of trust) is not valid either. All you do is simply march into court and ask a judge to void your mortgage lien, and you don't have to pay it back."
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