All Kinds of Loans – Part III
This is the third in a series describing the various types of real estate loans. Whether you have excellent credit or no credit, whether you’ve…
Tag: Loan
Saving Money Without Too Much Pain
A few years back, it became popular to reduce the interest expense of a home mortgage by dividing the monthly payment in half and making…
Real Estate Investing – Part III
As the headline implies, this is the third column in a series about real estate investing. I started with single-family homes, moved to duplexes and…
Interest Rates and the New Dodd-Frank and Federal Consumer Finance Protection Bureau Regulations
Most people in real estate don’t expect interest rates to stay down much longer. As unemployment drops and the economic recovery gains momentum and therefore…
Appraisals 101
It’s a seller’s market, but whether you’re talking about a sales transaction or a lease situation, it’s important to know the value of your property,…
Basic Finance: Internal Rate of Return
This is the second in a series about finance. Because saving for a down payment can have such an enormously positive impact on which property…
What Is Seller Financing And What Should I Watch For?
When a buyer wants to purchase a property but doesn’t want to pay the whole price in cash, and the seller wants to sell the…
Would You Like Free Money? Consider a Reverse Mortgage
Would you like to receive a check from the bank to supplement your income after you turn 55 years old? If you own your own…
How to Hire a Lender
Last week, I talked about how to hire a realtor. This week, I thought I’d review the basics of hiring a lender.A lender’s job is…
Getting Through Escrow
With so little inventory available, the market is shifting to a seller’s market, even with rates at record lows. So, if you’re a buyer fortunate…