RECENT BLOG POSTS
USA has long been a longing place to live in for every citizen of the rest of the world. USA offers you a highly technical and independent life which you hardly find in other Parts of the World. It is the place to work, earn, learn and enjoy with the family. In other words it's a dream land where...
12/07/2008
Home Refinancing Basics Before you refinance, know the pitfalls as well as the advantages In recent years, millions of homeowners have taken advantage of low rates and refinanced their mortgages. This article describes the advantages and possible pitfalls associated with a "refi." Before You Star...
12/07/2008
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). Bot...
12/07/2008
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 proble...
12/07/2008
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...
12/07/2008
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 a...
12/07/2008
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.   Treasury Secretary Henry Paulson said Sunday that the nation's still-frozen credit markets are v...
12/07/2008
  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 philant...
12/07/2008
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 lucrat...
12/07/2008
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 i...
12/07/2008
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