There may have been more than one occasion when you might have had to borrow money from a friend: at the coffee shop, in the office, or even for the cab service. When you run out of money, borrowing i...
A reverse mortgage is a mortgage that allows homeowners who are over the age of 62 to cash in some or all of the equity in their home. It allows them to secure these funds to use as they see fit. Ma...
When buying your first home, there are a lot of hurdles to overcome. Financing is one of them. For many people, this means applying to the friendly bank of mom and dad.Getting Your Parents Help With F...
As more stories come out every day about the sinking housing market and rising interest rates, the amount of homeowners who have missed more than one mortgage payment is increasing by large numbers. ...
Those researching the subject of commercial real estate investment are likely to encounter the term "OPM" on a regular basis. OPM is an acronym for "Other People's Money." I've covered this topic in...
As I read about new debt (Ford's planned $18 billion), secondary stock offerings (usually to financial institutions), and acquisitions of operating businesses by leveraged buy-out artists, only one th...
Homeowners over the age of 62 are able to take advantage of what is known as a reverse mortgage to add to their monthly income.A reverse mortgage allows the homeowner to take advantage of the equity i...
Many people have heard the term second mortgage used in reference to a loan on a home.What does the term "second mortgage" really mean? As far as real estate is concerned, a single piece of property c...
Cash can be hard to get, at times, and the debt can pile up, but if you own your own home it may be much easier than you think. A home equity loan allows you to take out a loan based on the built up c...
The various ways of getting a house these days has definitely become easier, along with the way that it can be paid back. Traditionally, a mortgage on a house meant a maximum of 25 or 30 years before ...