You may have heard about the introduction of the Home Information Packs starting in June 2006. One controversial part of the Pack was to be a Home Condition Report, a mandatory survey that the seller of the property would have to have carried out in order to sell the property. However, although...
Although there are variations in a second mortgage and the home equity loan, many homeowners are still confused about the difference between the two. Second mortgages are a type of home equity loan; however, home equity loans are usually termed as a line of credit. For making the most of the...
To help you recover from your poor credit status, consider refinancing your home mortgage loan to improve your financial situation for the long term. If you want to repay your mortgage loan early, a recent study by the Royal Bank Of Scotland (RBS) may have uncovered a possible...
In California we see amazing weather, great natural beauty, and many cultural offerings. It is not surprising that it is the most populated state in America. At the same time, one of my other places to reside at is Arlington Heights in Illinois. Though these two places are located far apart,...
HERE’S A BIG TIP: ALWAYS NEGOTIATE. The first quote you’re offered is not the bottom line. It’s easier to get a better deal from one lender if you’ve been offered a good one previously by another. You can use this as ammunition when speaking to the loan...
Its official. The math does not lie you should pay your mortgage WEEKLY. I have just completed all the math that you do not want to go through to find the truth.
I wanted to know the best way to pay a mortgage to save as much money as possible. Here are the conclusions that you want to...
When you first apply for a mortgage, you may feel youve stepped into a different culture with a language all its own. More than likely, your mortgage professional is throwing many new terms and expressions your way. Its the responsibility of that same mortgage professional to make sure you...
Obtaining a new mortgage has become increasingly difficult in recent months. Whether you’re trying to purchase a new property or refinance your existing home, loan requirements have become stricter in the face of declining home values, falling buyer demand, and financial market...
About the last thing an individual or a lender want to do is become embroiled in a mortgage repossession procedure as it can be devastating for a homeowner to lose their residence and it detracts from the daily business of the lender. However, in troubled economic times foreclosures may be on...
Mortgage Repayment Protection Insurance is usually taken out at the time you apply for a mortgage but can be arranged with some insurance companies after the mortgage has been completed.
You should seek suitable advice about arranging such cover from a suitably authorised...
Mortgage refinance is an option that we have if we would like to get rid of our current secured loan and get a newer one in its place. The same assets act as collateral. This means that you take on another loan to replace the old one with the same property used as security against the new loan....
Mortgage refinancing is when a homeowner gets a new home loan to pay off their existing one. The benefits of doing this are that they may be able to save money by getting lower interest rates or special deals. Refinancing is not the best option for everyone, though. For a person who is facing...