Life begins at 62 for those thinking about a reverse mortgage - 10/22/07 07:44 PM
Thinking about a reverse mortgage?  Here are some popular questions borrowers have.
What do I need to do to qualify for a reverse mortgage?As long as you own a home, are at least 62, and have enough equity in your home, you can get a reverse mortgage.  There are no special income or medical requirements.  The only credit requirement is that you cannot be in default on a HUD insured mortgage.  Bankruptcy, foreclosure and late payments are allowed.
How much money will I be eligible for?The amount of money you will get from a reverse mortgage depends upon your age (or the … (3 comments)

Admitting multitasking is bad! - 10/22/07 06:58 PM
Time management is something we were not taught in school, but we must learn to be productive and successful in our adult lives.  It doesn't matter how smart, gifted, or how great your product or service is if you can't get the work done and the word out.  Learn to master multiple tasks (one at a time), prioritize your projects, and tame your to do list and you can stand out from the crowd and excel at your career.  In today’s workplace, you can differentiate yourself by your ability to handle information and manage your time.
What are some things that can … (4 comments)

But I want that price! - 10/11/07 06:52 PM
As consumers we are told to shop price, and while I must agree that getting a fair price is important, it should not be the deciding factor in choosing one mortgage over another.  Trusting the most important financial activity you will do to the low cost provider is a recipe for disaster.
So what factors can play a role in the price of a mortgage.  "Why can't I get that price?"
Points - you way want to not pay points, or may chose to pay some.  The more points you pay the lower the rate you pay should beNo pre-pay penalty - most … (2 comments)

Running the numbers... - 10/08/07 10:08 PM
Buyers love to say they need to "run the numbers" when they are looking to purchase an investment property.  What numbers are they looking at, what should they be looking at?  How are they running those numbers?  Working with the right numbers can mean the difference of profit and loss, payday and heart ache.
Let the numbers, the real numbers show you that you should by the property.  Don't work the numbers to convince you to buy the property.  Remember this is business and getting wound up in emotions will leave you with plenty of heart ache.
There is no one list of … (0 comments)