Mortgage & Debt

How Does a "Deed in Lieu of Foreclosure" Work?
By Dave Dinkel · 17 years ago
A "Deed in Lieu of Foreclosure" is when a lender accepts a deed to the homeowner's property in foreclosure instead of continuing the foreclosure process and incurring more expenses to get the deed anyway. However, ...
Why Do Banks Mistreat People in Foreclosure?
By Dave Dinkel · 17 years ago
If you are in foreclosure and have spoken to your bank, you may feel you are being mistreated. This mistreatment comes in the form of not returning calls, short answers on the phone, and advice ...
Good and Bad Debts
By Daniel Spivey · 17 years ago
Segregating debts into good and bad debts will help borrowers to have better debt management. Some debts are more favorable than other debts. Some debts may be a good investment and they are definitely good ...
Not for sale
By Jim Barnaby · 17 years ago
Much excitement was generated by the recent change in capital gains tax (CGT), which saw two major benefits for buy-to-let investors who might wish to sell any of their assets at any given time. First ...
Elimination of debt
By Daniel Spivey · 17 years ago
The general understanding about debt elimination is to pay it off incrementally, over a period of time. This is what financial experts too advise. No doubt, it is a good advice ant there is no ...
Flexible Tracker Mortgage the Best of Both Worlds
By Darren Banthorpe · 17 years ago
Flexible Tracker Mortgages, simply put, is a flexible mortgage plus a tracker mortgage. That is, it is a mortgage deal which combines the features of both flexible and tracker mortgage models. The Flexible Part of ...
Commercial Mortgage, Commercial Loans and Commercial Finance
By Michael Alexander · 17 years ago
Call it by a different name but I think we all know that we are talking about arranging to borrow enough money to purchase or re-mortgage a Commercial property, which could be freehold or leasehold. ...
How Does a Foreclosure Auction Work?
By Dave Dinkel · 17 years ago
A foreclosure auction is designed to sell foreclosed properties at whatever price someone is willing to pay. The final sale price could be considered "bargain basement" pricing in most cases, because the properties have to ...
How Soon After a Foreclosure Can You Buy Another Home?
By Dave Dinkel · 17 years ago
A very common question I get is "How soon after my foreclosure can I buy another home?" There are a couple of answers to this question and they depend on how soon and how badly ...
Discover the Greatest Secret of Foreclosure - Overage
By Dave Dinkel · 17 years ago
Possibly one of the best kept secrets in the foreclosure industry is "overage". Overage is the amount of money left over after a foreclosure auction when the buyer has paid more than the lender’s final ...
Understanding Foreclosure Options
By Susan Hall · 17 years ago
The sheriff moved all of their belongings to the street. Robert and Wendy Brown (names are changed to protect a friendship) knew it was going to happen.They merely waited for it to become a reality. ...
Why to choose fixed rate mortgage
By Amanda Morrison · 17 years ago
The first question that most people ask when considering a new mortgage is 'What type of interest rate structure is best for me? - Should I take a fixed rate, a capped rate, a discounted ...
The Benefits of Bad Credit Repair
By Bob Jones · 17 years ago
One of the most important benefit of credit repair comes in the form of being accepted for lower interest loans and lower interest credit cards. Bad credit repair is about working for oneself and not ...
With my Credit Score can I get a mortgage?
By Mike Clover · 17 years ago
Are you wondering if you can get a mortgage with your current Credit Score? I am sure everyone is sick of hearing about the current credit crunch. It is a never ending cycle in the ...
Selling Your Home In Today's Market
By Jeff Divers · 17 years ago
Whether you're moving because of a new job, or are trying to avoid foreclosure because you got suckered by a mortgage broker, you're not alone in your desire to try and sell your home. As ...
When You Need Private Mortgage Insurance
By Craig Elliott · 17 years ago
One of the biggest loans that most people in the United States take on during their lifetime is a mortgage for their house. Our system generally calls for a down payment of some type followed ...
Home Equity Loans To Help You Finance
By Craig Elliott · 17 years ago
Have you recently filed for bankruptcy? Are you in need of financing for home improvements or to consolidate the debt you have? Depending on the type of bankruptcy you have experienced, your credit score may ...
Choosing A Mortgage Lender - What Are The Main Criteria?
By Craig Elliott · 17 years ago
Purchasing property is a huge investment. Whether this is your first home or you're an old pro in the real estate market, it can be daunting to throw so much money into a single purchase. ...
CCJ or County Court Judgments
By Brian Jenkins · 17 years ago
A good credit rating is a great thing to have, a hard thing to come by, and sometimes an easy thing to lose. Late payments on a debt or non-payments of a debt are the ...
A Beginners Guide to Interest Rates
By Brian Jenkins · 17 years ago
Are you considering using a loan to make a large investment like purchasing real estate? If so, you need to take the time to learn about interest rates. Banks and other lenders, after all, don't ...