(2 votes, average: 4.50 out of 5)
Loading...Why mobile home rentals? Get past the prejudice and look at the numbers. In our town, for example, a two bedroom house costs $130,000 and rents for $800/month. A $50,000 mobile home on real estate gets $500/month. Cash-on-cash return on investment is obviously higher with mobile homes. Don’t let the half-truth that mobiles depreciate in […]
(1 votes, average: 5.00 out of 5)Loading...Once you have purchased a home and are making monthly payments, you are in the process of building equity. The opportunity to use the equity you have built up in your home is one of the benefits of homeownership. The equity you have built up can be used for many purposes on your advantage. Many […]
(No Ratings Yet)Loading...Looking down the barrel of a foreclosure, if you are among one of the over 1.4 million homeowners facing this same issue, there may be a creative technique to save your home. Save your home and salvage your equity so that you can fight again. The last thing that you want to do is give […]
(3 votes, average: 5.00 out of 5)Loading...There are many ways to buy a home, even if you have little or no money to put down. Here are a few of the basics: 1. Sweat Equity Sweat Equity is a way to get a home by trading work for equity in the house. This could be used for a down payment or […]
(3 votes, average: 3.00 out of 5)Loading...Not only is owning a home an integral part of the American dream, but our home is likely the biggest purchase we will ever make and the biggest asset – or liability – we will ever have. Until about a year ago, of course, no one would have imagined that a home could be a […]
(No Ratings Yet)Loading...Almost 15 years ago, you bought your first home. You’ve been diligent in working and paying on the mortgage, and finally have more equity than mortgage. Ah, the sweet smell of victory, and home ownership. But are you playing the financial investment game as well as you think? Are you missing out on tax savings, […]
(No Ratings Yet)Loading...The five ghastly “Jack the Ripper” murders took place in an area less than a quarter square mile in size. Houses in this haunting and decrepit no man’s land straddling the City and metropolitan London could be had for 25-50,000 British pounds as late as a decade ago. How things change! The general buoyancy in […]
(1 votes, average: 5.00 out of 5)Loading...As the stock market remains bearish and portfolios continue to make only minor gains, the demand for homes has never been higher. It is with this economic trend that more people are opting to invest in one of the most enduring forms of equity: real estate. Nevertheless, according to the 2000 census, there are more […]
(No Ratings Yet)Loading...Many renters say they prefer to rent because it is simple and doesn’t carry the stress of home ownership. In truth, they are simply making other people rich. Equity What if I told you that if you purchased a home, you wouldn’t have to make any monthly payments on it? On top of this, I’d […]
(No Ratings Yet)Loading...Owning investment property is a tremendous wealth building strategy. Thousands upon thousands of individuals have amassed great wealth by investing in rental properties. Unfortunately, few investment property owners learn how to leverage equity in a way that maximizes tax deductions while creating and locking in equity gains. Instead, they leave themselves open to price fluctuations […]
(No Ratings Yet)Loading...If you are a homeowner then you should make building equity in your home one of your number one priorities. The reason for this is that equity in your home is like having cash in your bank account because you are able to borrow against it for a variety of different purposes. Also, when you […]
(No Ratings Yet)Loading...Buyers who are “moving up” or “downsizing” often have a dilemma. They can’t decide whether to put their home on the market first, or contract to buy their new home first. If they put their home on the market, it might sell and then they might find it impossible to find what they want. Alternatively, […]
(No Ratings Yet)Loading...The thought of owning a second home in the sun or a ski lodge or mountain retreat where we can escape whenever the mood takes us is of course a commonly held dream. And with the simplification of re-mortgaging facilities, the affordability of home loans and the growth in underlying equity many of us have […]
(1 votes, average: 1.00 out of 5)Loading...You can buy mobile homes for much less than stick-built houses in most areas of the country. Despite the common predjudice against them, mobile homes are the cheap housing choice of millions. While the advantages are not always obvious, they are real. One of the advantages is fast equity buiding. You see, the myth about […]
(No Ratings Yet)Loading...Searching online for a good home equity lender will open up your possibilities. Typically, you will find lower rates and fees for your loan. You can also discover customer service that fits around your schedule, rather than just banking hours. Finding a good home equity lender online is just a matter of searching for the […]
(No Ratings Yet)Loading...Buying a Home is at the heart of the “American Dream”. It can bring happiness and provide a solid foundation for you and your family. It has also proven to be a wise investment in recent years. It has many benefits, but the following three in particular – Tax Breaks When compared to other investments, […]
(No Ratings Yet)Loading...I am surprised how many people don’t know the difference between “enterprise value”, which is the sales price of a home (debt plus equity), and “equity value”, which is what is left at the end of the day when you sell your home and pay off the mortgage. In determining whether this was a good […]
(1 votes, average: 5.00 out of 5)Loading...There are numerous advantages to owning a home. One of the serious advantages is the equity that is built over time. As equity builds, you create a pool of money to access in trying times. Home Equity Equity is simply the value of a property after all debts have been deducted. If your home appraises […]
(No Ratings Yet)Loading...You want to buy a home, but you have very little money saved. What are your options? Traditional mortgages don’t always require large down payments. If you have a good income, stable job and good credit, you should easily be able to get a traditional mortgage, even without a down payment. However, if your credit […]
(No Ratings Yet)Loading...If you have chosen to renovate your home then you know the price can easily exceed your predictions. Home renos tend to have what is known as “scope creep.” This is when the renovations start and as they progress new things or problems cause there to be more work than originally predicted. This can be […]