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Archive for December, 2007

5 Biggest Loan Mistakes Part II

December 10th, 2007

1. Hiding when you are not able to make payment – Never avoid the phone calls and the letters from the lenders. You may be behind schedule or have any other problem with the mortgage that you have taken. But hiding will not solve the problem. Go and talk to your lenders. There are several ways […]

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5 Big Home Finance Mistakes –Part I

December 10th, 2007

1. Choosing the wrong mortgage – People tend to take up wrong home loans because they are in need of a loan.  Before you select a home loan, check well. Find out all the options, compare them and then only select the best one. Find out the interest rates, payment, time and everything you need.
2. […]

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HOA Transfer Fees and law

December 8th, 2007

HOA (Homeowner Associations) fees may make you sick, if you do not anticipate the amount that may be levied upon you when you buy or sell any property subject to any HOA.
When you buy or sell you need to pay a fee. This fee is document and transfer fee. Though buyers and sellers expect a […]

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No free ride for subprimers

December 8th, 2007

The latest efforts to help the sub prime borrowers may cause dissatisfaction with many prime borrowers. In a way, they are right. Their frustration is right as two points can be raised-
1. The subprime borrowers received help which will create a condition where they don’t have to live up to the agreement they have. But the […]

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Biggest drop in home prices in 25 years

December 6th, 2007

A recent Freddie Mac survey revealed that housing values have fallen 1.3 percent in the whole nation in the third quarter of 2007. This is the biggest quarterly drop in the housing values in 25 years.
In the “Survey of home purchases and mortgage refinance appraisals,” Freddie Mac found out this fact which may intensify the […]

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