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Budgeting Your Project

Budgeting Your Project March 4, 2022

Can I Sell Your House with a Second Mortgage on It?

There should be several problems selling your home if it’s a first and second mortgage on it. However, home sellers must be aware of the process and any of the few potential issues that might arise. Yet, homeowners do not…..

Budgeting Your Project February 23, 2022

How do I Pay Off a Home Equity Line Faster?

A home equity credit line (HELOC) uses the equity built up in your home to give cash for large purchases, like appliances and remodeling projects, debt consolidation and education. A HELOC, that operates like a credit card, uses your home…..

Budgeting Your Project February 20, 2022

The Way to Amortize a Mortgage

Amortization is the process of paying off a mortgage loan in equal payments. Generally, amortized mortgages include curiosity together with the principal balance of this loan. Mortgage payments–that are usually paid monthly, quarterly or yearly –reduce the principal balance of…..

Budgeting Your Project October 16, 2020

What Closing Costs Can Be Deducted From Federal Taxes?

“Closing costs” is an umbrella term for the various fees, fees and taxes which are due at”closing,” the meeting where the buyers of a house turn over their cash, the sellers turn over their keys, and everybody handles a lot…..

Budgeting Your Project October 29, 2019

How to Purchase Real Estate at an Auction

Purchasing property at an auction would be the riskiest, but potentially most rewarding way of investing in real estate. You can discover deals for 70 or 60% of their market value, but you might also spend more than you ever…..

Budgeting Your Project October 25, 2019

How Do I Come Up With a Real Estate Asking Price?

There is an art to pricing a home for sale. When it is priced too high, it may frighten off potential buyers, languishing on the market for months. If the price is set too low, it may seem like a…..

Budgeting Your Project October 21, 2019

Techniques to Lower a Mortgage

Mortgage payments call for a long-term commitment for many home buyers, and making these monthly payments gobbles up a considerable percentage of monthly income. It may result in foreclosure when buyers find themselves not able to make payments. For many,…..

Budgeting Your Project October 17, 2019

Rent-to-Own Procedures

In real estate, a rent-to-own arrangement means a tenant and landlord have agreed that the tenant has the option to buy the home he is presently leasing by a setup. Together, they determine how much the sales price of the…..