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Things to Consider When Owning a Home: Realtors and Reverse Mortgages

By admin on September 12, 2010

There are a lot of things to take into account when you are thinking about owning a home. Just a few of the things that you will likely consider are how expensive of a home you can afford to purchase and where you would like to settle down and own a home. While, at time [...]

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Things to Consider as a Home Owner: Reverse Mortgages

By admin on September 8, 2010

While it can be very easy to rent a place to live instead of going through the process of buying a home, easier is not always better. As a renter, you likely do not have to worry about when anything goes wrong with your residence because it is the obligation of the landlord to take [...]

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What To Consider When Applying For Commercial Mortgages

By admin on August 17, 2010

A commercial mortgage is a loan made using real estate as collateral to secure repayment. In addition, commercial mortgages are typically taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited company, so assessment of the creditworthiness of the business can be more complicated than is the [...]

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Should You Consider a Reverse Mortgage

By admin on December 24, 2009

Reverse mortgages are mortgages where the lender pays the borrower instead of the other way around. In the event of reverse mortgages, seniors need only be 62 years or older with equity in their home. There are no requirements like credit score or income or anything else. Basically seniors with equity in their home and [...]

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Things To Consider When Choosing A Fixed Rate Mortgage

By admin on July 26, 2009

Considering whether you need a 30 or 15 year fixed mortgage rate is important for people looking to buy a home and concerned about their monthly payments. Of course the goal for most people with a mortgage is to pay it off early and save themselves a great deal of money in interest repayments. However, [...]

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