tiffanysharkeycom: WHAT IS THE DIFFERENCE BETWEEN A HOME EQUITY LOAN AND A EQUITY LINE OF CREDIT??
- 12/07/08 05:44 PM
Your Equity Options Home equity line of credit or a home equity loan: Which is right for you? If you are a homeowner, you can borrow against the value of your house through either a home equity line of credit (often called a HELOC or a line) or a home equity loan (often called a HEL or loan). Both are essentially a second mortgage. What's the difference? A HELOC is a form of revolving credit similar to a credit card. It allows you to draw funds, up to a predetermined limit, whenever you need money. There is generally a minimum … (0 comments)
tiffanysharkeycom: HOW MUCH HOUSE CAN YOU AFFORD???
- 12/07/08 05:41 PM
How Much Can You Afford? Start out with a budget so you can determine your price range If you're like many first-time homebuyers, chances are you've been spending your weekends driving around visiting open houses and new model homes. This is a great way to get a feel for what you want. The problem is that what you want isn't always what you should get. Before you start touring homes for sale, it's important to start off with a budget so you know how much you can afford to spend. Knowing what mortgage payment you can handle will also … (0 comments)
tiffanysharkeycom: UNDERSTANDING MORTGAGE RATES AND FEES....
- 12/07/08 05:38 PM
Not only do you have to understand what type of mortgage you should choose, you have to understand the costs associated with your mortgage. All of these costs will be paid upon closing your mortgage. Purchase Points Purchase points, also known as a "buy-down" or "discount points," are an up-front fee paid to the lender at closing to buy-down or lower your interest rate over the life of the loan. Each point is equal to one percent of your total loan amount. If you have a $100,000 loan, one point would equal $1,000. The more points you buy, the lower your … (0 comments)
tiffanysharkeycom: $25 BILLION BAIL OUT FOR U.S. TOP THREE AUTO MAKERS....WHO DO WE BAIL OUT NEXT???
- 12/07/08 05:31 PM
Appalled by the Big 3 Auto CEOs I have to agree with the Republicans on thier stance relative to the Big 3 Auto Makers bailout package of $25 billion that the Democrats want to give. The Democrats want to grant this bailout while the Republicans want to let the 3 companies file for bankruptcy and let it take it's course.Maybe I'm missing something here and not reading between the lines, but, what is the point of a bailout? The reality of the matter is that more people are buying foreign cars, whether they be inexpensive Toyotas, Nissans and Hondas or the more … (0 comments)
Treasury Secretary Henry Paulson said Sunday that the nation's still-frozen credit markets are very fragile and Congress must move quickly to pass a $700 billion bailout package for financial firms. Paulson said Sunday that the nation's outdated regulatory system for financial market must be overhauled but the first job is to get the most sweeping rescue package since the Great Depression passed by Congress in coming days. "The credit … (0 comments)
tiffanysharkeycom: WHAT IS NEXT FOR FANNIE MAE AND FREDDIE MAC??
- 12/07/08 05:12 PM
Wondering What's Next For Fannie And Freddie The government's takeover of District-based Fannie Mae and Freddie Mac of McLean was for some employees the painful conclusion of several difficult years that seemed to reduce the status of two firms that once dominated the local business and philanthropic scene.
The mortgage finance goliaths were not only Washington's largest public companies, but they were central figures in the region's once-promising financial sector. Together with private-equity giant Carlyle Group, credit card issuer Capital One, student loan company Sallie Mae, the investment house Friedman, Billings and Ramsey, and many others, Fannie and … (0 comments)
tiffanysharkeycom: FORECLOSED HOMES?? CALL THE SHARKEY PEEK GROUP AND FIND OUT MORE....
- 12/07/08 05:00 PM
The foreclosure crisis did not only result to bad things. If you look around, you might find quite a number of foreclosure brokers who are making a profit by taking advantage of the opportunities offered by these foreclosed homes. Selling foreclosed properties have always been considered a lucrative business considering that these homes are a lot cheaper than the other houses for sale. And with the growing supply of foreclosure properties for sale in the market, many buyers are finally turning to them in order to enjoy significant savings. Foreclosure sellers and brokers are also coming up with creative marketing strategies that … (0 comments)
tiffanysharkeycom: MORE HOMES ON THE MARKET, MORE CHOICES FOR BUYERS...
- 12/07/08 04:52 PM
Anywhere you look, you will notice that most local real estate markets are favoring buyers over sellers. But because of the current economic conditions, many buyers are still wondering if it is the right time to take the plunge. Of course, this is only logical considering the risks involved but if buyers check out the advantages they will most likely enjoy, then they should not wait any longer.
More Choices One thing that buyers will be delighted with is the fact that there are presently a lot of homes for sale to choose from including repossessed properties. If you are looking to … (0 comments)
tiffanysharkeycom: TAKE ADVANTAGE OF TODAY'S BUYER'S MARKET!!!
- 12/07/08 04:47 PM
Take Advantage of Real Estate Buyer's Market Sellers Are Sometimes Throwing in Luxury Incentives There are 33 percent more used homes on the market right now than there were a year ago. The National Association of Realtors said that the number of homes for sale has reached new heights! In some neighborhoods there's more than one house up for sale, creating a mini-price war among neighbors. A couple in Virginia lowered the price of their house and offered to throw in a brand-new car, just to make their home more attractive than the rest. After several years of a seller's market, … (0 comments)
tiffanysharkeycom: BOOM TOWN U.S.A.- FRISCO TEXAS REAL ESTATE
- 12/07/08 04:29 PM
Frisco TX Real Estate Frisco, Texas is on the rise as one of the fastest growing cities in the United States. There are many reasons for this influx of new residents, the biggest of which can be summed up in three words: "Location! Location! Location!" The town is just minutes north of the Dallas-Fort Worth Metroplex in a booming area dubbed the "Golden Corridor." The extension of the North Dallas Tollway into the center of Frisco has helped to further the city's explosive growth. About Frisco, Texas Located in Collin and Denton counties, this family-oriented community offers excellent schools, a … (0 comments)
tiffanysharkeycom: LUXURY GIFT IDEAS FOR THAT SPECIAL SOMEONE WITH EXPENSIVE TASTE!
- 12/07/08 04:15 PM
EXCLUSIVE LUXURY HOLIDAY GIFT GUIDE The holiday season is now upon us, and the festive streets and decorated stores are filled with shoppers on a mission to find the perfect gift. But what type of gift does one select for the individual who has everything? Whether you are selecting a gift for a client, special friend, stylist, family member or au pair - our recommendations include unique and luxurious items that are guaranteed to be a perfect fit regardless of your price range.
For the Sweet Tooth on Your List - Sucre Macaroons are sure to satisfy the palette … (2 comments)
tiffanysharkeycom: WHY USE A REALTOR TO SELL MY HOME??
- 12/01/08 05:19 PM
Why Use a REALTOR®? All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR®" logo on the business card or other marketing and sales literature. REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reports that 84% of home buyers would use the same REALTOR® again. Real estate transactions … (1 comments)
tiffanysharkeycom: SHARKEY PEEK GROUP KNOWS PROSPER REAL ESTATE!
- 12/01/08 05:14 PM
Prosper Texas Real Estate & Homes Prosper Real Estate - Prosper Realtor - Homes - Land - Acreage - Lots The little Town of Prosper, Texas is growing. In just a few years, this North Dallas suburb has grown from around 2,000 to 3,000 people. It's a unique place to call home for those seeking the solitude of country living without sacrificing the benefits of living near the big city.Prosper is located about 10 miles northwest of McKinney near State Highway 289. More than 75 percent of the town's population in 200 was married, and the median age for residents was … (0 comments)
tiffanysharkeycom: INFORMATION ON FRISCO TEXAS.
- 12/01/08 05:12 PM
Frisco TX Real Estate Frisco, Texas is on the rise as one of the fastest growing cities in the United States. There are many reasons for this influx of new residents, the biggest of which can be summed up in three words: "Location! Location! Location!" The town is just minutes north of the Dallas-Fort Worth Metroplex in a booming area dubbed the "Golden Corridor." The extension of the North Dallas Tollway into the center of Frisco has helped to further the city's explosive growth. About Frisco, Texas Located in Collin and Denton counties, this family-oriented community offers excellent schools, a … (0 comments)
tiffanysharkeycom: INTERESTING FACTS ABOUT THE BOOMING TOWN OF FRIISCO TEXAS!!
- 12/01/08 04:59 PM
About the Frisco, Texas Area Frisco, with its flourishing community of over 93,346, is one of the fastest growing cities in the country. This is a city where you can bask in the community spirit, safety, and charm of a small town while enjoying the exhilaration, culture and amenities of a big city. Home to state of the art facilities such as the Stonebriar Mall and Dr. Pepper Ballpark, Frisco has become known as ‘Texas' Rising Star' for its world-class art, sports, and shopping. Offering a full range of cultural, entertainment, business and recreational possibilities, it also has high … (0 comments)
tiffanysharkeycom: INTERESTING FACTS ABOUT CELINA BOBCATS SMALL TOWN CHARM AND SERIOUS FOOTBALL!
- 12/01/08 04:55 PM
Celina is a close-knit and growing community of approximately 6,278, which is rapidly blossoming from a farming community to an urban city. The town offers an exemplary school system, a low crime rate, and a flourishing economy, set in beautiful natural surroundings exuding peaceful country living. Celina is well known for its sports and is home to several professional athletes. This is a city where you can enjoy friendly, small town atmosphere, while having easy access to first rate dining, shopping, and entertainment. This swiftly developing town with ever-improving facilities and amenities is not losing its rural charm. What a great … (0 comments)
tiffanysharkeycom: INTERESTING FACTS ABOUT THE SMALL COMMUNITY OF PROSPER TEXAS.
- 12/01/08 04:49 PM
About the Prosper, Texas Area Prosper is a vibrant and thriving residential town of approximately 5,907. This charming community offers a country lifestyle with ready access to big city living. Prosper provides excellent schools, high quality life style, first-class housing, and gentle refuge from today's fast-paced living. All the amenities and opportunities of the larger, metropolitan area of Dallas/Fort Worth are within reach, while enjoying the slower, friendly and relaxed pace of rural life. You can have the best of both worlds in Prosper. Location and Geography Prosper is a small rural town in west central Collin County, … (0 comments)
Interest rates fluctuate as changes occur in the general economy. If you purchased your home when interest rates were higher, you may want to consider re-financing your loan at a lower rate.You will have to apply for the new mortgage and have your current income eligibility assessed. Depending on how long you have had your present loan, a current appraisal may be required. There are closing costs, such as attorney, title fees, recording and notary fees, and appraisal charges. The biggest factor in your decision should be the length of time you plan to … (0 comments)
Your Equity Options ;)
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