Getting a reverse mortgage is a big step and it will be something very important to discuss about it.
Many people will say be careful because it will eat all the equity of the house or don't get it because are bad for some reason they don't even know.
The reality is not everybody will benefit for such program.
When you consider it just ask yourself 5 questions:
Wednesday, January 20, 2010
Monday, January 18, 2010
Free e-books
Hi everyone,
last night i was browsing the web and I found some good free e-books,
click here to check them out.
Friday, January 8, 2010
PGA 2010 without Tiger Woods
The PGA Tour's is already going in Hawaii without the greatest Tiger Woods.
"At the moment, he's hiding, which I don't think is the right way to go about it. I think we need to see him come out here and apologize," says golfer Retief Goosen.
His 14 majors and 71 PGA tour wins have ensured that Tiger has held
"At the moment, he's hiding, which I don't think is the right way to go about it. I think we need to see him come out here and apologize," says golfer Retief Goosen.
His 14 majors and 71 PGA tour wins have ensured that Tiger has held
Thursday, December 3, 2009
Orange County Home prices: The worst is over?
Unfortunately not!
Prices are still dangerously high compared to incomes and rents. Banks say a safe mortgage is a maximum of 3 times the buyer's annual income with 20% downpayment. Landlords say a safe price is a maximum of 15 times the house's annual rent. Yet on the coasts, both those safety rules a
re still being violated. Buyers are still borrowing 6 times their income and putting only 3% down, and sellers are still asking 30 times annual rent, even after recent price declines.Salaries and rents prove that prices will keep falling for a long time. Anyone who bought a "bargain" this time last year is already sitting on a very painful loss.
Saturday, August 22, 2009
reverse mortgage up 20% from 2008
Seniors’ portfolios hammered by the stock market decline are getting a boost from reverse mortgages. Such mortgages allow seniors to get monthly payments based on the equity value in their homes
Subscribe to:
Posts (Atom)