When my husband and I relocated to Indiana last summer, we went through the grueling process of selling our house in Ohio and buying a new one in our new town. In addition to the stress of packing, moving and preparing our beloved old house for sale, we were incredibly surprised by the number of [...]
Applying for a second mortgage may become necessary if you want to renovate, expand, or finance a purchase. That doesn’t mean that you have to blindly shell out whatever fees and charges a particular lender requests, though. Just as you have choices and options with a primary mortgage, you have the same flexibility here. Check [...]
Sometimes, the prudent thing to do may not be such a simple decision. Much of our society is build around trust and the general notion that most people are honest and nice. The refund system, for example, wouldn’t work in some countries because too many people would use the product and then turn around and [...]
Have you ever recast your mortgage? Do you know what it is, and how to request one from your lender? Now that I firmly planted my foot in the land of the unfree with a fresh new mortgage, I set out to see if there are any quick and painless ways to reduce my mortgage. [...]
Do you ever wonder how your monthly mortgage payment is calculated? …I am buying a house and received a huge package of disclosures from my lender. There’s an amortization schedule table in there with a ton of numbers. My lender said it’s just standard procedure to send them and for me not to worry. Do [...]
Everyone should be asking themselves at one point or another – “Should I Pay Off My Mortgages Early”? When choosing whether to pay down debt or invest, the primary factors are the interest rate on the debt and what rate of return you think you could safely achieve by investing. Sometimes, however, this calculation isn’t [...]
