Archive for August, 2008
Wednesday, August 13th, 2008
Reverse Mortgages
Many retirees and seniors find themselves “asset rich and cash poor”. They have a great deal of equity built up in their homes or even own them outright, but are receiving a very small amount of monthly income from pensions or government plans. The concept of the reverse mortgage was created to resolve this discrepancy.
A [...]
Comments Off - Posted in Reverse Mortgages by Roger
Tuesday, August 12th, 2008
2nd Home Mortgages
There are numerous reasons why people choose to purchase a 2nd home. They can range from a rental property for investment to a vacation home to a fixer upper that will be flipped in the short term. Regardless of the driving force behind the purchase one thing will remain the same: you are going to [...]
Comments Off - Posted in Buying a Home by Roger
Monday, August 11th, 2008
How to get a Mortgage with Bad Credit
When you have a good credit history your loan application process is generally completed smoothly. Unfortunately not everyone is in this boat and for those with bad credit getting a mortgage can be a great deal more tumultuous. However there is an ever increasing rise in the amount of people in this situation and consequently [...]