frankfort: Financial Planning in the Greater Lafayette Indiana Area - 11/07/07 09:43 AM
Hello! As you probably know, I strongly believe in the importance of wise financial planning for the future. I ran across this recently, and thought you might find these tips on selecting an advisor and making a financial plan to be helpful.
Deal only with a licensed advisorAsk questions until you … (0 comments)
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frankfort: Tippecanoe County - Apply Before You Buy! - 10/03/07 02:17 PM
Why should you have a mortgage approval before you have a home?
With our FREE Mortgage Pre-Approval program, we verify your income, credit and assets to determine the maximum loan amount you can qualify for. We will issue a mortgage approval letter, which is subject to an appraisal.
You can use this in … (0 comments)
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frankfort: Free Consumer Report: Option Arm Basics - What You Should Know - 08/14/07 03:28 PM
An option arm is an adjustable rate mortgage with the added flexibility of being able to choose from a variety of payment options from month to month. Option Arm's go by many different names including 'cash flow option loan', 'pick a payment loan', '1-month MTA', and so forth. The increased flexibility … (0 comments)
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frankfort: Free Consumer Report: Demystifying the Reverse Mortgage - 08/14/07 03:08 PM
The term is being heard by homeowners near and far, but what exactly is a "reverse mortgage?" It's a relatively new option, and one that is surrounded by many myths and misunderstandings. When you get down to it, a reverse mortgage is a rather simple and straightforward option for many homeowners … (0 comments)
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frankfort: Second Mortgage Home Loans - 08/14/07 02:55 PM
A second mortgage is a loan that is secured by the equity in your home. When you obtain a second mortgage loan the lender will place a lien on your house. This lien will be recorded in 2nd position after your primary or 1st mortgage lender's lien, hence the term second … (0 comments)
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frankfort: Mortgage Soup: Understanding Home Loan Terms - 08/14/07 01:51 PM
Mortgage Soup
Looking for home mortgage loans can get confusing with the alphabet soup of mortgage loans programs available today. Most of these programs are just variations of fixed rate and adjustable rate mortgage loans. These loans can be structured to meet your financial needs, and most are available in 15 … (0 comments)
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frankfort: Why Get Pre-Approved for a Mortgage? - 08/14/07 12:58 PM
One of the most important steps in the home buying process is getting Pre-Approved as early as possible.
The Pre-Approval process involves you speaking with a Mortgage Lender about your financial situation, what you'd like to accomplish, and any concerns you have. Armed with that information, a Mortgage Lender can obtain … (0 comments)
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frankfort: The Top 5 Things You Need to Know Before Approaching a Mortgage Lender - 08/14/07 12:12 PM
You've been thinking about buying your own home for quite a long time, and now you're ready to take the plunge. You've been saving money for a down payment, and you know the next step is preparing to apply for a mortgage. But where do you start?
Here are the top … (0 comments)
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frankfort: The Top 10 Credit Do's & Don'ts During the Mortgage Loan Process - 07/31/07 03:13 PM
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frankfort: Real Estate as an Investment in Lafayette and West Lafayette Indiana - 05/24/07 03:54 PM
Real Estate as an Investment - the Concept of Leverage
What is the concept of leverage? Leverage is defined as the ability to control a large asset with a smaller asset. For example, you can purchase $100,000 in real estate using $5,000 in cash assets.
But in real estate, you can a appreciation … (0 comments)
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