tag:blogger.com,1999:blog-47536149130610762912023-11-16T03:55:15.914-08:00America Real EstateAnything About Real EstateUnknownnoreply@blogger.comBlogger27125tag:blogger.com,1999:blog-4753614913061076291.post-64714223049829713482009-06-23T18:44:00.000-07:002009-06-23T18:46:59.930-07:00Smart Buying in Today's Market Buyers<p style="text-align: justify;">The first thing that you need to realize is how many homes are actually on the market today. The market is flooded with homes that aren't selling, and new homes, distressed and foreclosed, are being added to the listings daily. This gives buyers a distinct advantage. First off, buyers can take their time; they can afford to be picky. Homes are lingering on the market for months before being sold for peanuts. Don't rush into anything! Browse all that Toronto real estate has to offer before making an offer.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">In the past, it was very common for buyers to offer more than the asking price on the first offer. Not so today. Asking prices are taking a dive, and your offer should reflect the desperate times we are facing. Of course, you should never insult someone with a low-ball offer, but bidding a little less than the asking price is acceptable. In fact, it's expected. The longer a home has been on the market, the better deal you can get. So bid accordingly.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">Since prices are so reasonable in the current market, you can afford more house in Toronto than you could five years ago. You might even be able to upgrade your neighborhood without having to upgrade your mortgage. So don't be afraid to look at more expensive looking homes; you might be surprised by how little they are selling for. Throw out your ideas of what you think homes will be priced at. Everything that you know about home pricing is antiquated.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">With all of these things going for you, you might be tempted to go right out a buy a new home. However, you should not rush things if you are not ready. Just as this market can help you, it can also hurt you. Declining Toronto real estate values can leave you owing more on your home than it is worth if you don't buy low or have a good down payment.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">Remember; however good for buyers, this market it not fail proof. You should never make an impulse buying decision. Plan, plan, plan, and be just as cautious as you would be under less favorable circumstances. It takes more than a good deal to make buying in this market smart...it takes you and a good strategy.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-39595091700597320672009-06-16T19:01:00.000-07:002009-06-16T19:03:46.830-07:00Home Equity Loan<div id="body"><p style="text-align: center;">There are at least two types of home equity loans.</p><p style="text-align: justify;">The first is a term or closed end loan and the second is basically a line of credit. Most people prefer to refer to them as a second mortgage because they are secured against your home much like your first home loan or mortgage. Typically these types of home equity loans usually have a payback life of between 5 and 15 years.</p><p style="text-align: justify;">The term loan is a one-time lump sum payment that is paid off over a set amount of time। There is a fixed interest rate which allows for the same loan repayment each month. After you get your money you cannot borrow further from the loan.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">A home equity loan line of credit works more like a credit card। You are allowed to borrow up to a certain amount for the life of the loan. The time limit is usually set by the lender of the loan. During that time you can withdraw money as you require it to purchase items or pay for things that interest you. As you pay off the principal your credit revolves and you can use it again. This credit line gives you more flexibility than a term home equity loan.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">Which ever of the two types of home equity loans that you should use depends on your unique situation. You can base your decision on some common questions such as how much money will you need, how long will you need the money for, how long will you need to pay the loan off and how much of a monthly payment can you afford.</p></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-90608381840632211982009-05-17T19:45:00.001-07:002009-05-17T19:51:05.970-07:00Loan Modification Laws<meta equiv="Content-Type" content="text/html; charset=utf-8"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 12"><meta name="Originator" content="Microsoft Word 12"><link rel="File-List" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <o:officedocumentsettings> <o:relyonvml/> <o:allowpng/> </o:OfficeDocumentSettings> </xml><![endif]--><link rel="themeData" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx"><link 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Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--> <p style="text-align: justify;">Every state has different rules and regulations regarding who can do loan modifications and what licensing, if any, is required। Many states don’t have any restrictions whatsoever, though they’ll probably come up with something to regulate the industry in the next year or two. Other states have a lot of oversight, laws, and/or regulations. To confuse matters even more, nearly every state is in the process of creating, changing, or adding to the requirements. It’s a bit hard to keep track of, honestly.</p><p style="text-align: justify;">
<br /></p><div style="text-align: justify;"> </div><p style="text-align: justify;">It can be somewhat difficult to find the latest information for any given state। I’ve done a little homework loan modification laws in Oregon, and here’s what I’ve found:</p><p style="text-align: justify;">
<br /></p><div style="text-align: justify;"> </div><p style="text-align: justify;">The Oregon Mortgage Rescue Protection Act, passed last year, restricts the loan modification process in Oregon somewhat, requiring additional disclosure, which implies, but does not explicitly state, that only mortgage brokers and attorneys can do loan modifications। If there are other statues covering loan mods within Oregon, I was unable to find them.</p><p style="text-align: justify;">
<br /></p><div style="text-align: justify;"> </div><p style="text-align: justify;">You may want to try calling the Oregon Real Estate Commission for more detailed and up-to-date info. The Commission for any state usually knows, and they're often the regulatory body too. Another resource is to call the Oregon Mortgage Broker Commission, as the mortgage broker commission for any given state can also often be the regulatory body for loan mods. They should be able to provide accurate and detailed info regarding loan mod laws, oversight, and licensing as well.</p> Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-15845264979476629012009-04-11T23:04:00.000-07:002009-04-11T23:06:35.598-07:00Many Mortgage TypesIf you are looking at the Real Estate market, you are looking at a market that requires a lot of capital. People buy and sell homes all day long, but from an investor's standpoint, it is their living. There are many ways you can go about getting a loan, and there are many resources you can get the loan from.<br /><br />Conventional Loan:<br />These are not government backed loans. A conventional loan was the first loan type to come on the market. There are many pros associated with the conventional loan, as well as some cons.<br />Pros: <br /><br />1. More flexible with loaning money; Can finance appliances as well. <br />2. Do not have to adhere to strict government guidelines such as FHA guidelines. <br />3. Allow for more creative financing flexibility.<br />Cons: <br />1. Come with a larger down payment <br />2. Usually more costs incurred from lender.<br />Basically, a conventional loan is typically kept by the lender in their portfolio whereas other loans tend to get sold to the secondary market.<br />FHA Loan:<br />When you look to FHA financing, you are looking for a government backed loan. This is the most prevailing loan around in these times. The FHA loan requires the borrower to adhere to strict requirements. If these requirements are not met, they will deny the loan and stop further processing.<br />An FHA loan is great for: <br />1. First time home buyers <br />2. Someone who does not have a large down payment <br />3. Less than perfect credit.<br /><br />Although FHA is strict, they do offer some programs with different financing options, such as those looking to purchase a home that needs to be fixed up.<br />The above two are the two most common types of loans. You can obtain these loans from many sources, even from sources online. The best way to go about getting a loan is to first visit your bank you currently have. Talk to them about getting a home loan and what their requirements are.<br /><br />If you do not qualify for a home loan through your bank, you will have to look other places. You can go through brokers, other banks, and many other third party lenders. Most people do not have excellent credit, and can still own a home. Although they might not get the best interest rate on the market, they will still qualify for a home. Always make sure you check your rate before you sign. Bad credit does not mean you can be taken advantage of. It is also recommended that if you choose to use a third party, make sure they are reputable and knowledgeable. Being that they will be dealing with your personal information and credit, you do not want it to get into the wrong hands.<br /><br />If all else fails locally, you can reach out to national lenders online. This is becoming more popular of a tactic to use when securing financing. The internet also comes in handy for the financing that might take just a little more effort than some.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-14993164283562865882009-04-05T18:28:00.000-07:002009-04-05T18:29:39.375-07:00Loan Modification Lender Contact Info<meta equiv="Content-Type" content="text/html; charset=utf-8"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 12"><meta name="Originator" content="Microsoft Word 12"><link rel="File-List" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <o:officedocumentsettings> <o:relyonvml/> <o:allowpng/> </o:OfficeDocumentSettings> </xml><![endif]--><link rel="themeData" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx"><link rel="colorSchemeMapping" 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mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--> <p style="text-align: justify;">Many people often ask me if I can send them an exhaustive list of lender contact info to help them with their loan modification business. Unfortunately, I don't have that, and it%u2019s likely that no one will ever have that. There are literally thousands of different banks out there, many with multiple numbers and departments depending on the specific investor or region for any given loan.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">To confuse matters more, lenders change numbers, create new departments, change processes and go out of business from time to time, especially these days as banks are cutting jobs and dealing with high volumes of defaults and mod requests. Plus banks get bought by other banks, sometimes keeping the old department and numbers, and sometimes not.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Long story short, compiling an accurate, up-to-date, and exhaustive list would be extremely difficult, if not impossible. You're better off just keeping your own current lender list and updating it as you go. Add to the list every time you have a client with a new lender. All the info will be on the mortgage statement and the website, and you can get specific department (i.e. Loss Mit, or Loss Mitigation, department) contact info from there. You should keep a lender contact spreadsheet to help you keep your files and communications organized.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">All that said, however, here are a couple websites that have lists of contact info for many common banks. I've personally checked the links and called some of the numbers on these lists; some still work, while some don't. These links can be a good start for compiling your own list.</p> Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-10028004367677728252009-03-31T20:46:00.000-07:002009-03-31T20:49:21.613-07:003 Things to Know Before You Go For Loan Modification<meta equiv="Content-Type" content="text/html; charset=utf-8"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 12"><meta name="Originator" content="Microsoft Word 12"><link rel="File-List" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <o:officedocumentsettings> <o:relyonvml/> <o:allowpng/> </o:OfficeDocumentSettings> </xml><![endif]--><link rel="themeData" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx"><link rel="colorSchemeMapping" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml"><!--[if gte 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{mso-style-type:export-only; margin-bottom:10.0pt; line-height:115%;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--> <p style="text-align: justify;">If you're falling behind on your mortgage and cannot qualify for a refinance or an alternative payment plan, it's time you negotiate for a loan modification (mortgage modification)। This is where you can work with the lender and get your loan terms and conditions modified so that you pay off the loan comfortably. The lender may either lower your mortgage rate thereby reducing your monthly payments or extend the loan term and make sure your dues are added to the loan balance.</p><p style="text-align: justify;">
<br /></p><div style="text-align: justify;"> </div><p style="text-align: justify;">The very first step in loan modification is to contact your lender or the current mortgage servicer to whom your lender has conveyed the servicing rights। But prior to contacting the lender/servicer, make yourself aware of the 3 things that decide whether you'll qualify for loan modification. These are:</p><p style="text-align: justify;">
<br /></p><div style="text-align: justify;"> </div><p style="text-align: justify;"><strong>1. Your affordability:</strong> Lenders want to make sure that borrowers aren't taking advantage of loan modification, that is, they are not applying for it even though they can still pay. This is why you need to prove that you simply can't keep up with the payments. So, you need to explain your exact financial situation and provide data on your property value and how much you can afford to pay on your home. Here's what you will need to have with you:</p><div style="text-align: justify;"> </div><p style="text-align: justify;">1. Monthly income and source
<br />2. Paystubs
<br />3. Monthly expenses in detail
<br />4. Bank statements
<br />5. Loan agreements</p><div style="text-align: justify;"> </div><p style="text-align: justify;">What you need to do here is, prove that you cannot afford the payments and it is certainly going to help your situation if you opt for a loan modification।</p><p style="text-align: justify;">
<br /></p><div style="text-align: justify;"> </div><p style="text-align: justify;"><strong>2. Your home equity:</strong> This is an important factor based on which the lender may or may not modify your loan. If you have enough equity in your home to pay off mortgage dues and foreclosure expenses, then the lender is likely to consider foreclosure as a low-cost solution.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">However, there are some lenders who inflate your home appraised value when home prices are on a decline। But if you're aware of property values or recent home sale trends in your area, you can get an idea of your home equity and thus avoid inflated appraisals.</p><p style="text-align: justify;">
<br /></p><div style="text-align: justify;"> </div><p style="text-align: justify;"><strong>3. Modification costs:</strong> Lenders prefer to minimize the costs when it comes to modifying one's loan. However, mortgage modification is carried out by experts and lenders have no other option but to spend more when it comes to expanding their number. This is why some lenders do not respond quickly when they receive a loan modification request. So, here's where you need to be active and negotiate in the best possible way.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">With loan modification, you can avoid a loan default as your payments become affordable. However, make sure you understand the modified terms and conditions in order to avoid further problems in your mortgage</p> Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-17926348995552752562009-03-26T23:21:00.000-07:002009-03-26T23:26:09.450-07:00Do it Yourself Loan Modification - 7 Deadly Sins to Avoid<div style="text-align: justify;"><meta equiv="Content-Type" content="text/html; charset=utf-8"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 12"><meta name="Originator" content="Microsoft Word 12"><link rel="File-List" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <o:officedocumentsettings> <o:relyonvml/> <o:allowpng/> </o:OfficeDocumentSettings> </xml><![endif]--><link rel="themeData" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx"><link rel="colorSchemeMapping" 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mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--> <p>Looking for information on how to convince your lender to approve your do it yourself loan modification? Not every borrower will qualify for these loan workout programs, so make sure you know the 7 deadly sins to avoid when you prepare your loan modification application. It can make the difference between approval and denial!</p> <p>Deadly Sin #1: Contacting your lender before you understand how the process works and what your lender needs to see in order to approve your application.</p> <p>Deadly Sin #2: Paying a loan modification company a large, upfront fee without first verifying that the company is properly licensed and has experience with loss mitigation. Unfortunately, many homeowners have paid thousands of dollars without ever seeing any results instead of beginning their own do it yourself loan modification application.</p> <p>Deadly Sin #3: Wasting time trying to speak with your lender about a loan modification when they call your home. The employees calling you at home are from the collections department, they will not help you with a loan workout. They will tell you anything to get your last dime-these employees get paid based on how much money they get out of you. You need to know who to speak with at your lender to get the results you need.</p> <p>Deadly Sin #4: Not writing a convincing and compelling description of your hardship situation so that your lender will empathize with your situation. It is important to know the 3 key elements of a winning hardship letter-if you do not convince your bank that you deserve a loan workout due to circumstances beyond your control your chances of approval are slim.</p> <p>Deadly Sin #5: Omitting information on your application or completing the forms wrong can be a reason for a delay or even an immediate decline of your proposal. Do you know that your bank will verify all of the information you provide? This is a full disclosure process-you can avoid this deadly sin by making sure you disclose all of your income and debts completely. There is a sure fire way to make sure you do not leave anything out.</p> <p>Deadly Sin #6: Submitting a loan workout proposal that does not meet your lenders requirements for approval. Each bank has certain criteria that must be met-if your proposal does not fit into this criteria, you will be declined. Make sure you know your banks guidelines and then complete your loan modification forms accordingly. Do you know how to determine your target mortgage payment so it is affordable and meets those approval guidelines?</p> <p>Deadly Sin #7: Not providing your lender with a complete loan modification proposal package that includes all the forms and documentation they need to review. Your bank has thousands of borrowers just like you who need help-what do you think happens to your package when it is missing items and cannot be processed? It gets set aside and finds it's way to the bottom of the pile-there goes your chance for a loan workout solution!</p> <p>A successful do it yourself loan modification means you have avoided the 7 Deadly Sins and have prepared a professional, acceptable and complete loan workout proposal. Do you know how you can make sure that you have given yourself the best chance for saving your family's home? Research, learn and prepare before you contact your bank about your loan workout-this is too important to take chances-help is available if you know how to get it!</p> </div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-648347334568067452009-03-17T17:30:00.000-07:002009-03-17T17:32:22.507-07:004 Successful Tips For a Successful Chase Loan Modification Program<meta equiv="Content-Type" content="text/html; charset=utf-8"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 12"><meta name="Originator" content="Microsoft Word 12"><link rel="File-List" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <o:officedocumentsettings> <o:relyonvml/> <o:allowpng/> </o:OfficeDocumentSettings> </xml><![endif]--><link rel="themeData" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx"><link rel="colorSchemeMapping" 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mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--> <p style="text-align: justify;">You must know of certain things before you apply. Here are 5 tips for you to be successful with a Chase Loan modification program.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">1. Tip 1 - Call the Loss Mitigation Department: A lot of people end up calling the Collections Department. Bad place to call, because even before you know, they would be asking you for your money.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">2. Tip 2 - Watch the debt ratio: If you have a debt ratio between 38% and 45%, you will in all chances qualify for the program. Call the Loss Mitigation Department, and ask them to send you a loan modification package.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">3. Tip 3 - Write the loan modification hardship letter: It is important you convey to Chase, your reasons for not paying the mortgage payments on time. Write a convincing hardship letter, and support it with proofs when possible.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">4. Tip 4 - Any type of modification can be considered a success, only if you honor your revised financial commitments. Set aside your budget carefully, and be sure you pay back the mortgage payments as per the new agreement.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Loan modification programs offer you a second chance for you to revive your mortgage payments. This is your chance to get them back on track, and Chase allows you to do this with the help of their special Programs.</p><div style="text-align: justify;"> </div><p style="text-align: justify;" class="MsoNormal">……………………..</p><div style="text-align: justify;"> </div><p style="text-align: justify;" class="MsoNormal"><o:p> </o:p></p><div style="text-align: justify;"> </div><p style="text-align: justify;" class="MsoNormal">How You Can Refinance Your Mortgage Even With Bad Credit</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Are you a homeowner with bad credit? Is your existing mortgage payment more than you can handle? Or do you want to refinance your current mortgage in order to cash out some of the built up equity in your home? Whatever reason you might have for refinancing your mortgage, your bad credit does not have to be a hindrance.</p><div style="text-align: justify;"> </div><p style="text-align: justify;"><b>Lower Your Interest, Cash Out Equity</b></p><div style="text-align: justify;"> </div><p style="text-align: justify;">Many homeowners want or need to refinance their mortgages at some point in life. Refinancing is typically done to obtain a lower rate of interest that can save the homeowner money and also lower their monthly mortgage payments. Oftentimes, a homeowner may be stuck in an adjustable rate mortgage of which the monthly payment has ballooned out of control. Still others just need a great way to cash out equity in their homes that has been built up over the years - possibly to make home improvements, do remodeling, buy a car, take a vacation, pay for education, or even to pay down other debts and obligations.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Although you can generally stick with your current mortgage servicer to refinance your mortgage, you also have the option of choosing a different lender. Your choice should not be based on loyalty to a certain lender, but rather on savings over the life of your mortgage refinance.</p><div style="text-align: justify;"> </div><p style="text-align: justify;"><b>Considerations You Must Make</b></p><div style="text-align: justify;"> </div><p style="text-align: justify;">When refinancing your mortgage, you should always consider a fixed rate loan product first. A fixed rate will allow you to make predictable monthly payments at a rate of interest that is fixed and cannot be increased due to market conditions. You should also look for a lender who will help absorb some of the costs of refinancing your mortgage - such as appraisal fees, attorney fees, and other fees that are tacked on that can inflate the amount of money that refinancing will cost you.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">You should consider how long you want to pay on your new mortgage. Most lenders will give you an option of ten, fifteen, twenty, and even thirty year fixed mortgages. Keep in mind that the longer you take to pay off your mortgage, the less your monthly payment will be, but taking longer to pay will cost you more interest. Never agree to a payment amount that you cannot reasonably afford to make as your budget and income dictate.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Another often overlooked option when you refinance your mortgage is to consider allowing the lender to include the cost of homeowner insurance in the loan. This can make your homeowner insurance more affordable, and also makes for one less bill that you will be paying out each month. You can always opt, however, to keep your current insurance policy on your home and continue paying it out of your pocket each month.</p> Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-90044305559354378282009-03-11T18:30:00.000-07:002009-03-17T17:34:33.417-07:00Reverse Mortgage Loans<div style="text-align: justify;">Everse mortgage loans can be a great way to get the income you need to enjoy retirement. Yet before you start the process for one you need to know about all those elderly people out there that have been scammed. You don't want to be one that is taken advantage of by such lenders. You may say that could never happen to you but many of these people are well educated. They just didn't take the time to look into the background of the lender. They took everything they said at face value but it turned out to be a lie.<br />In other instances there are huge fees added to the reverse mortgage loan. The person doesn't realize it because they didn't read through all of the documents before they signed them. That isn't a valid argument in a court of law and so you they are bound by them. As a result a person can end up with less money than they thought they would get with their reverse mortgage loan. In the worst cases these poor people have to pay the lender instead of getting money.<br />The best way to protect yourself is to know the facts about reverse mortgage loans. There are some guidelines that have to be followed. This type of loan is only offered to those individuals at least 62 years of age. The home must be paid off in full or almost completely paid off to qualify. There aren't any rules about how you can use the money you get from a reverse mortgage loan. You can decide to get a lump sum payment, monthly payments, or a line of credit.<br />It is very important to read over every single detail of the documents. They may be very boring but doing so will protect you from signing things you didn't want to commit to. If you don't understand something then have the lender explain it to you. If they tell you not to worry about it then you should walk away from the deal. If they are rushing you to sign the documents without ample time to read over them that should be a huge red flag that something just isn't right with the entire process.<br />There are plenty of terrific reverse mortgage lenders out there though so don't shy away from the prospect. As long as you take the time to discover who you are working with and what you are signing you will be fine. Any time you start working with someone and things don't seem to go right you can get out of it. Trust your instincts so that you will benefit from your reverse mortgage loan.<br /></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-35188568318504447792009-03-04T17:39:00.000-08:002009-03-17T17:35:15.835-07:00Stop Foreclosure<div style="text-align: justify;">Foreclosures are at an all time high and the feds who helped create the problem still have no solution. Private enterprise has a solution in the form of Loan Modifications. I work with a company who has been successful in convincing lenders to drop interest rates, decrease principals, and change terms for home owners.<br />Are your mortgage payments too high?<br />Any of these sound like your situation?<br />• Has your mortgage payment adjusted with no end in sight?<br />• Has the value of your house dropped?<br />• Are you depleting your 401k or your retirement account in order to make ends meet?<br />• Are you living off of credit?<br />• Have you experienced a job-loss?<br />• Are you in a negative amortization mortgage with your balance increasing to no end?<br />• Have you experienced a change in job or income?<br />• Are you worried about losing your home?<br />LoMo Means Financial Control LoMo is short for Loan Modification. It's is a process whereby a homeowner's mortgage is modified and both lender and homeowner are bound by new, negotiated terms. The most common loan modifications are:<br />• Lowered Interest Rate<br />• Reduced Principal Balance<br />• 'Fixing' Adjustable Interest Rates<br />• Increased Length of Loan Term<br />• Forgiveness of Payment Defaults & Fees OR any combination of these!<br />A loan modification is NOT a refinance. With a loan modification you do not need go through the costly steps that are required for a refinance. You do NOT need an appraisal, title or a credit check.<br />LoMo qualifications<br />If you are a homeowner who has experienced financial difficulties, you can qualify for a home loan modification.<br />• Decrease in home value<br />• Divorce/Separation<br />• Loss/Reduction of Income<br />• Illness<br />• Job Relocation<br />• Failed Business<br />• Military Service<br />• Other hardships<br />The bottom line: You will save money!<br />We may be able to help you reduce your house payments, just by negotiating your loan terms with your lender. Keep your house and reduce your payments!<br /></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-31346305477352441932009-02-27T23:46:00.001-08:002009-03-17T17:35:56.622-07:00Getting a Good Home Mortgage<meta equiv="Content-Type" content="text/html; charset=utf-8"><meta name="ProgId" content="Word.Document"><meta name="Generator" content="Microsoft Word 12"><meta name="Originator" content="Microsoft Word 12"><link rel="File-List" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <o:officedocumentsettings> <o:relyonvml/> <o:allowpng/> </o:OfficeDocumentSettings> </xml><![endif]--><link rel="themeData" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_themedata.thmx"><link rel="colorSchemeMapping" href="file:///C:%5CDOCUME%7E1%5Cian%5CLOCALS%7E1%5CTemp%5Cmsohtmlclip1%5C01%5Cclip_colorschememapping.xml"><!--[if gte mso 9]><xml> <w:worddocument> 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margin-bottom:10.0pt; line-height:115%;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--> <p style="text-align: justify;">Are you considering getting a home mortgage? Here are some tips to think about when you look for a good home mortgage!</p><div style="text-align: justify;"> </div><p style="text-align: justify;">First of all, are you a first time home buyer? Most people reading this article will be, and we will gear the information towards that group. If you are buying a home for the first time, and are looking to finance it with a mortgage program, the first thing you need to do is realize that, much like a loan, you need to be financially ready before you take on a mortgage.</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Do you have good credit? If not, you may not be approved for a home mortgage. Also, do you have room in your budget for a large house payment? That is another factor to consider. If you do not, you may end up as many have in today's mortgage crisis, where you cannot keep up with the monthly payment and your house then goes into foreclosure. Many have lost their homes due to this, and you don't want that to happen to you and your family!</p><div style="text-align: justify;"> </div><p style="text-align: justify;">So do not hastily get a home mortgage. Make sure you are ready. If you have a financial adviser, whether an official one or a family member or friend, consult them and ask them what they think about your desire to own a home. If they believe you are unready, they may also have advice on how to prepare your budget so that you can then be in a better position to afford that house payment!</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Another thing to consider is what kind of a mortgage program you will be locked into. How long is the term of the mortgage (how many years)? What kind of interest rate are you looking at? Is it a fixed rate, or will it be variable with time and/or market climate? If it is variable, what is the maximum amount of interest you may end up having to pay?</p><div style="text-align: justify;"> </div><p style="text-align: justify;">Make sure you are aware of all the details in your mortgage before you sign the dotted line. That is partly what created the mortgage crisis to begin with - zealous sign-happy mortgage customers who didn't read the fine print! Don't be one of those victims. Make a fully-informed decision and don't be rushed! This is a major life decision and you should revere it as such!</p> Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-6654858101044658002009-02-22T22:32:00.000-08:002009-03-17T17:36:16.481-07:00Secure Your Financial Future<div style="text-align: justify;">If your monthly payments have been over due any, then you've in all probability noticed outrageous interest rates on your following monthly financial statements. And at present, you might discover yourself having difficulty with merely the minimal payment!</div><p style="text-align: justify;">Loan modification can aid you. If you have to work hard with your bank in order to change your payments, then a good loan modification lawyer will serve you. It is highly important that you can catch up to your payments so that you will not have to concern yourself about foreclosure. Alas, lenders can be difficult to bargain with, hence you may need assistance with your negotiations.</p><p style="text-align: justify;">A loan modification can make the following possible: lower monthly payments, better interest fees, forgiven past due monthly payments, decreased principle balance, and barring foreclosure। Even if you haven't yet been over due on any payment, if you are troubled that you might be in the near months, then you can still get a n interview with an experienced foreclosure lawyer or firm.</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">The longer you delay, the worse things will get। Even if you're trusting that your financial situation will improve eventually, you need to still think loan modification as an option. You shouldn't take on any gambles where your home is concerned; It's always greater to be safe than fearful. If you feel that you're a prospect right now for loan modification, or that you will be in the approaching months, acquire yourself some foreclosure help RIGHT NOW!</p><p style="text-align: justify;"><br /></p><p style="text-align: justify;">Roughly 2 million homeowners are going to be in peril of losing their houses within the coming two years. The mortgage fees and interest will only continue to rise, and some people are expected to struggle. You do not need to be like these people. You need to acquire the foreclosure help you and your family need today to ensure your financial future.</p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-32253137772771536902009-02-22T22:29:00.000-08:002009-03-17T17:37:07.188-07:00Insider Tips on the Chase Loan Process<div style="text-align: justify;">It is very important to follow the guidelines for chase loan modification approval, especially since they have loads of conditions and the fine print needs to be closely worked out. A correctly filled application helps to process the loan quickly.<p><b>Here are some tips that will help your loan modification application to be approved quickly:</b></p><p>• You have to prepare a financial statement including all your incomes and expenses. As chase will have all the information of your bank statements, you should not leave anything that will result in denial of loan modification application.</p><p>• Check your financial statements properly which will help to show bank that you have enough money for a new lower modified payment.</p><p>• It is necessary to present a hardship letter. This letter will help you to get your application approve properly. Situations and reasons that caused defaults, steps taken to overcome the situation and your commitment to continue with the ownership, all should be described in the letter.</p><p>• Prepare a convincing hardship letter describing all the circumstances and steps you have taken to correct it. Remember all the steps must be real with their proofs. For example, you can show your medical bills, tell them you were unable to work by showing a letter from your employer etc.</p><p>• Prepare a new family budget to decide the mortgage payment which should not include any unnecessary expenses. Bank will not have any doubts about bounces if your budget is favorable.</p><p style="text-align: justify;">• You must calculate the debt-ratio which will help you to complete the loan modification application and qualify it properly.</p></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-75223783646438082792008-07-24T17:54:00.000-07:002008-07-24T17:57:47.559-07:00Succes earning dollar ? yes way<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJrk-Y4Unr5DeIhsXvQesBgd09sTuTcAi0962bQ86zGDGkJRanKpc8IrYlmjG5xvs4dZ3Ov2ExHOFhVPAOCj4n0h4jmK4VGDzGDDjgqsKlTPYH7EpnRRlujzlfucnYdVG_Dnh9xAic-MBh/s1600-h/jessica.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJrk-Y4Unr5DeIhsXvQesBgd09sTuTcAi0962bQ86zGDGkJRanKpc8IrYlmjG5xvs4dZ3Ov2ExHOFhVPAOCj4n0h4jmK4VGDzGDDjgqsKlTPYH7EpnRRlujzlfucnYdVG_Dnh9xAic-MBh/s200/jessica.jpg" alt="" id="BLOGGER_PHOTO_ID_5226749309200271506" border="0" /></a> <p class="MsoNormal" style="text-align: justify;"><b><span style="font-size: 14pt;">If you have tried to create an online business without success - that is about to change and <span class="fullpost">(US$200) give away to everybody who join on url below.<o:p></o:p></span></span></b></p> <p class="MsoNormal" style="text-align: justify;"><span class="fullpost"><b><span style="font-size: 14pt;">You will earning money every time you click your own ads, click your own banner and read email what they mailed to you. 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font-family: Arial;">Fomous search engine (AOL, yahoo, google) are sunset zone, they’re no paying anything if we used their website, now the newcomer of search engine give to you <span style=""> </span>$15<span style=""> </span>for your join free and everytime you are using<span style=""> </span>it , you earning $$$<o:p></o:p></span></b></span></p> <p class="MsoNormal"><span class="fullpost"><span style="font-size: 14pt; font-family: Arial;"><o:p> </o:p></span></span></p> <p class="MsoNormal"><span class="fullpost"><span style="font-family: Arial;"><a href="http://www.slashmysearch.com/earn/id/104762">http://www.slashmysearch.com</a><o:p></o:p></span></span></p> <p class="MsoNormal"><span class="fullpost"><span style="font-size: 14pt; font-family: Arial;"><o:p> </o:p></span></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-50908824751511352422008-06-29T23:40:00.001-07:002008-06-29T23:42:03.502-07:00SEO Tips of 2008<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2ucIqAqeRNi_S5DTIE5tA0foukrMeC-6acyYCjrTpOSa-Ynz0ly_fV1l9EUXG3t2I3pf7ErWfpcABxu5H_kAhyFyrpniF0KEIB4SfzLAUSBUm6Q9OltC_CXMRjR0GYMrR_hUlI4d3HHsT/s1600-h/GEMINI.JPG"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2ucIqAqeRNi_S5DTIE5tA0foukrMeC-6acyYCjrTpOSa-Ynz0ly_fV1l9EUXG3t2I3pf7ErWfpcABxu5H_kAhyFyrpniF0KEIB4SfzLAUSBUm6Q9OltC_CXMRjR0GYMrR_hUlI4d3HHsT/s200/GEMINI.JPG" alt="" id="BLOGGER_PHOTO_ID_5217561108114677250" border="0" /></a><br /><div style="text-align: justify;">Since 1998 I've spent the first several months of each year looking for the very best search engine optimization (SEO) tips of the previous year's end. This year I've come across the best SEO tips yet.<br /><br />SEO Tip #1: Make Google Alerts Your Personal Online Spy<br /><br />Google Alerts is a great way to let the world's biggest search engine be your personal online spy. This takes search engine optimization insider info to whole new level. Here's an excerpt straight from Google....<br /><br />"Google Alerts are email updates of the latest relevant Google results (web, news, etc.) based on your choice of query or topic.<br /><br />Some handy uses of Google Alerts include:<br /><br />* monitoring a developing news story<br />* keeping current on a competitor or industry<br />* getting the latest on a celebrity or event<br />* keeping tabs on your favorite sports teams"<br /><br />As you probably guessed, it's the second one we care about most, "keeping current on a competitor or industry."<br /><br />Here's how it works... Each time Google finds a reference to the query or topic you request you will be sent an email with the details. This is like having an online spy to make sure competitors are not using your protected keywords (trademarked names, company names, etc.) It's also an instant identifier to know when your site or product is mentioned in a news story or even when a topic is hot so you can take advantage of the situation. It's the easiest way in the world to stop competitors' dirty tricks and identify trends that you can take instant advantage of.<br /><br />It's fast, free and works every minute of every day. Let Google Alerts (<a href="http://www.google.com/alerts" class="hft-urls">http://www.google.com/alerts</a>) do your most time consuming legwork while you reap the rewards!<br /><br />SEO Tip #2: Optimize Your 404 Page and Always Be Found<br /><br />"Error 404: Page Not Found" is a blessing that most Webmasters curse. Why? Getting a visitor on any page of your site is fantastic! Don't blow the opportunity. Not only can you make your "404" page a valuable sales tool, you can use the following search engine optimization techniques to attract customers in droves.<br /><br />A.) Use your main keyword in your title, add a "pipe" (usually above the Enter key) and then use your secondary keyword. Here's as example for an SEO site "SEO - Search Engine Optimization Tips"<br /><br />B.) Add some keyword rich content using one to two keywords for the page. If you have less than 250 words on the page, just use one keyword and use it no more than three times total. Bold the first use and italicize the second or third use. Keep in mind this is an "inactive" page so simply tell the visitor what your site is about and whet their appetite with a good description. Something like this works well... "Thank you for visiting SEO (bold) Group, Inc. We are sorry you landed on a missing page but don't worry, if you're looking for the very best search engine optimizations tips (bold), you're at the right place..." This will go on for a couple paragraphs or as long as you'd like then end it with something to the effect of "Please Click Here (link) to visit our site map or click any link to the left."<br /><br />C.) Add your site's standard navigation system (bar, column, etc.) as mentioned above.<br /><br />D.) Make the look and feel of the customized 404 page match your main site as closely as possible with a template, matched palette, cascading style sheets, etc.<br /><br />E.) Create a link to the site map page if available, and make the link easy to find. You want your visitor off the 404 page and into your main content as quickly as possible.<br /><br />Setting up a custom 404 page link usually takes less than five minutes on most major Web hosting companies like Godaddy.com. But whatever it takes, it's worth the effort.<br /><br />SEO Tip #3: Get (Even More) Serious About Linking<br /><br />I saved the most important for last. If you want to do well on any search engine, especially Google, linking is THE single MOST important thing you can do. It's that simple.<br /><br />Here are the five things you MUST do to make your site #1 on Google:<br /><br />A.) Find the highest page rank sites linking to your site AND your competitors' sites.<br /><br />B.) Run monthly link campaigns and snatch up the best of the above identified Web sites.<br /><br />C.) Run regular checks on what pages are still linking back to your site. Alsomake sure they did not move you from a high page rank page to a lower one (don't get cheated!)<br /><br />D.) Eliminate any penalized sites you link to; ASAP!<br /><br />E.) Check your search engine ranking AND your competitor's for each of your keywords every week. Do this, at the minimum, for Google, Yahoo, MSN and Alta Vista.<br /><br />Inside Tip: Keeping up can be a lot of work so a lot of SEO Consultants (myself included) use SEO Elite (<a href="http://www.seoeliteweb.com/" class="hft-urls">http://www.SEOeliteWeb.com</a>) to do all the most difficult and time consuming work.<br /><br />One last thing to know is that Google was originally a college student's project created for the sole purpose of defining a Web site's value by the sites that link to it. Twelve years later this is still it's main job. Linking is EVERYTHING to Google</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-27432095218514452082008-06-04T19:50:00.000-07:002008-06-04T19:51:08.340-07:00How You Can Save A Fortune On Pay Per Click Campaign<div style="text-align: justify;">Finally there is an alternative answer to expensive pay per click campaigns and getting your web site promoted. The good news is that you do not have to pay a fortune to get good visibility. You also do not have to pay exorbitant amounts of money every month to Google AdSense and sponsored link programs to pop up in the top ten of the search engines.<br /><br />You can actually achieve great rankings in Google and Yahoo organically. This means that the search engines actually come looking for you. The great news here is that you don’t have to spend a mint on getting to the very top. Not only can you get there in the top ten but you can actually get 8 out of the top 10. Sound impossible? For Ted Cantu it’s quite easy.<br /><br />“This is something I started doing for my fellow Dan Kennedy IBA members in Brighton, Michigan. I started to test out new theories in practice on my coaching group members and we started getting some phenomenal results” explains Detroit area based Cantu. “The key for us was to use all of the tools that Google has to offer”.<br /><br />Google has really led the way when it comes to buying Internet technology. In the recent months it has acquired Feedburner and its RSS technology which allows web surfers to subscribe to its favorite content on the web. It has also acquired Blogger which enables Internet web geeks to post to an easy to use blog format. You can combine these tools together and have them work together promoting your web pages. But that is just the tip of the iceberg.<br /><br />Google has purchased more tools for its users and therefore has really led the way on the web. Yahoo hasn’t followed through with these types of acquisitions and in some sense has lost its popularity. Just recently Yahoo has given up its Podcast platform which allowed its members to post audio shows and messages on the web.<br /><br />You can begin to create some really great things when you combine these things together. When they work hand in hand incredible things can occur including high search engine rankings.<br /><br />Blending In All The Right Ingredients<br /><br />You want to make sure you use all of the tools that the web has to offer. There are an abundant of tools out there now that you can use including blogs, RSS feeds, podcasting, audio messages, and web video just to name a few. The magic ingredient that holds all of this together is good solid sales copywriting to lure in your prospects.<br /><br />Keep in mind that the web was originally created to share information. Your potential clients do not sign on initially to buy stuff off of the web. They will first research their material on the web first before making any kind of commitment to buy something. But once you get them to commit to you the real money making magic can begin.<br /><br />So what kind of results are possible by using all facets of the web?<br /><br />Try putting your web pages at the very top ten on the web. Results have varied but some of the top records placed some clients at the very tip top of 17 million pages. This was all done without the aid of pay per click and sponsored link programs.</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-646156565393341052008-05-21T02:42:00.001-07:002008-05-21T02:42:57.259-07:00Traffic Building And Finished Home Work<div align="justify">One of the quickest ways to drive traffic to your site is to key in on a hot topic. If you have a site dedicated to why butter melts on summer days and then you place a series of supporting articles on your site you may not wind up with as much traffic as you’d like. This may be due to the fact that this is an issue most people don’t really think about much – or perhaps they’ve already learned the secret. However key in on a controversial topic like the death penalty or hate crimes you will likely find improved traffic. You can also look for emotionally connected issues such as weight loss or an improved health. Once you’ve optimized your site with appropriate keywords or phrases your site will likely find its way into a better place in search engine rankings and it may show up in Google’s email program. When visitors make it to your site you should attempt to ensure that you can welcome them back again at an appropriate time. Many sites do this with the offer of a free report when the individual decides to leave the site. The offer will usually say something like, “Don’t leave yet. As a way of saying thank you…” and then will explain the report, tip or ecourse that is being offered with a simple and absolutely free sign up. If the visitor is interested and the information you have on your site has been valued then that guest may find it in their interest to sign up for your free newsletter. This is especially true when they know they can opt out at any time. Most sites manage this with time-released autoresponders, but the intent remains improved traffic. I have been to some health related sites that were infused with health information, testimonials, quotes from doctors and article archives that provided a comprehensive look at the health issue being discussed. The exit strategy left me with a choice about receiving reports on additional ways to combat this potential health issue as well as recipes that will help aid in a healthy lifestyle. At that point, if a site visitor has any interest at all, it becomes a fairly easy decision – perhaps as easy as bookmarking the site. All they need to do is provide an email address and a first name. The reports are sent and the visitor has regular links back to the primary site if they need more information or want to make a purchase of an ancillary product or service. Traffic that is built from individuals who have a motivation for visiting the site is much more beneficial than using email marketing that can be little more than a shot in the dark if the list is leased. You might hit something, but they may not be happy about it. Work to optimize your site at the beginning of your online journey and then develop a desirable means of encouraging first time guests to come back. If you’ve done your job right many of them will take you up on your offer.</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-27832349998668026492008-05-21T02:40:00.000-07:002008-05-21T02:41:32.120-07:00Your Checklist To Search Engine Optimisation Reports<div align="justify">The most important online marketing strategies that can help you be successful with optimizing your business on the web include building a plan, blogging, an email list, press releases, and much more. Be sure to have these items on your checklist and you will have an excellent and productive website for your business. The first and most important strategy for optimizing your search engine for your website is to create a plan for your site and your business. You should determine all of the most important things. What are your goals for accomplishments with your site and who is your audience going to be? That is, what types of people do you believe will be interested in your products and what people do you believe you need to target that will continue to come back for more. You need to make a decision how you are going to make your website better than others, how it will stand out from the rest and grab the attention. All of these answers to these questions should be the base of your web plan to optimizing your website and they should be at the top of your checklist. The next thing that you need to do for optimization of your website is to create a marketing plan that will work and get the word out about your business and your site. This includes writing press releases and getting them out to every contact that you have in the media. You should also post the press releases online to every place that will allow you to. In addition to writing press releases for your website, you should write extensive articles about your website, your company, your products, and more. These articles should contain important keywords that will take people back to your site. You should also include your website and company information in all of the articles including contact information if people have questions. Creating a blog should also be on your checklist for total optimization. This is the one way you can have the keywords that you need for your site to be pulled up in search engines and remain at the top. You should start relevant conversations, add posts, and useful data to your blog and keep people coming back for more. If you are talking about a subject that is important to people they will discuss issues with you, in return, adding more keywords to your site. You should also get on other blogs across the Internet and talk about your website and your products in other blogs. This is good advertising for you also. You should build a mailing list for optimizing your site. This can be done by determining who your audience is. Your email list may be created over time as people enter in their information and if they request to be on the list. It is important to respond to requests through email and to let the people that do come back know that you care about them as a customer. The best thing about email is that it is free and extremely helpful for your business. Another way you can optimize your site is by offering incentives to people who visit your site. You can offer free stuff, discounts, and more. People often search the web just for free items and by doing this you are generating more traffic to your website. There are many points you should add to your checklist when you are concerned about optimizing your website on the Internet for your business.</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-38494743511994713442008-02-18T05:43:00.000-08:002008-02-18T05:47:33.138-08:00Real Estate: How FarThere is one big question looming for homeowners and commercial real-estate investors this year: How much worse will it get?<br /><br />The past year was the most painful in decades for residential real estate, as defaults on loans to less-creditworthy borrowers created a broader credit squeeze. House prices fell, home ownership dropped, foreclosures soared, and the housing market emerged as the soft underbelly of the economy.<br /><br />Commercial real estate hit its peak early in 2007, when private-equity firm Blackstone Group LP paid $23 billion for office giant Equity Office Properties Trust, and then did an about-face. As credit tightened throughout the economy, commercial-property values tilted downward for the first time in several years.<br /><br />Housing prices are likely to slide further this year, as credit remains tight and interest rates on many mortgages are set to rise, or "reset," and could trigger more defaults.<br /><br />The commercial real-estate market, which includes properties such as offices, apartment buildings and shopping centers, could continue to soften as slower economic expansion causes rents to rise more slowly than in the past.<br /><br />Residential Blues<br /><br />Relief from the housing woes is unlikely anytime soon. "It will be another very bleak year with the worst of it occurring in the first half," predicts Mark Zandi, chief economist at economic-research site Moody's Economy.com. "Inventory is only growing and needs to be worked off before the market finds some stability," he said.<br /><br />Through the third quarter of 2007, slightly more than 2.5% of all houses, or more than two million, were for sale and vacant, according to the U.S. Census Bureau. Since the first records were kept in 1965, that figure had never been higher than 2%, until the fourth quarter of 2005.<br /><br />Demand is likely to stay depressed, keeping prices low, as high-risk borrowers who in the past would have qualified for subprime loans find themselves locked out of the market. Borrowers with little, if any, money for a down payment and those who don't want to document their finances also are likely to find the going tough.<br /><br />House prices have fallen 6.5% as of October, since peaking in June 2006, according to the S&P/Case-Shiller Home Price index, which measures home values in 20 cities. Daniel Mudd, chief executive of government-sponsored mortgage investor Fannie Mae, expects prices to decline another 4% to 5% in 2008.<br /><br />Among the hardest hit residential markets is Florida, where thousands of high-rise condominiums under construction are expected to be completed in 2008. Although buyers put deposits on many of those units during the housing boom, developers worry that the drop in property values and credit tightening will cause buyers to renege.<br /><br />"People won't answer the bell to close," said Lewis Freeman, a Miami bankruptcy consultant who said he is busy with failed condo projects. If enough buyers fail to close, entire projects could be sent into default on construction loans.<br /><br />This year will be difficult for home builders faced with slow sales. In November, Levitt Corp.'s Levitt & Sons unit filed for bankruptcy-court protection. Tousa Inc., of Hollywood, Fla., said it is considering several "in- and out-of-court restructuring and reorganization" options, including a possible Chapter 11 bankruptcy filing.<br /><br />Mr. Zandi's models predict a bottom to the housing market sometime in 2008, but only if the economy stays relatively strong. "If it slides into broad-based recession, it won't be until the end of the decade that the market finds a bottom," he said.<br /><br />Commercial Cracks<br /><br />Optimism about commercial real estate is tempered by the credit crunch and a slowly expanding economy.<br /><br />"Rent increases will continue to slow over 2008, as we face weaker demand and slower growth in the broader economy and jobs," said Sam Chandan, chief economist at Reis Inc., a property-research firm based in New York.<br /><br />About 15% of property investors expect prices for office buildings to rise, according to a survey by real-estate services firm Marcus & Millichap Real Estate Investment Services Inc., of Encino, Calif. Two years ago, 39% of property investors expected price increases.<br /><br />In 2007, Blackstone's acquisition of Equity Office marked the high point of the commercial real-estate market. The $23 billion deal was the largest real-estate transaction ever in dollar terms. Blackstone quickly turned around and sold many of the properties at prices so high that buyers weren't likely to see big first-year returns on their investment.<br />he frenzied deal making came to symbolize the frothy valuations investors were paying for commercial real estate.<br /><br />Moody's Investors Service, a subsidiary of Moody's Corp., in April said lenders' underwriting standards had become too lax during the run-up in prices. The warning scared investors and led bankers to raise interest rates and require borrowers to pour more of their own money into deals.<br /><br />The change in the credit markets deflated commercial-property values. At the end of May, Tishman Speyer Properties, along with Lehman Brothers Holdings Inc., announced they would buy Archstone-Smith Trust, one of the largest apartment-building companies in terms of market capitalization, for $15.2 billion. Before the deal was announced, Tishman Speyer and Lehman had lowered their bidding price, citing credit markets and unforeseen tax issues.<br /><br />Rents and occupancy rates -- the fundamentals of real-estate values -- are expected to stay relatively firm in 2008. Mr. Chandan predicts landlords will be able to charge 6.2% more for office space this year. In 2007, rents increased 10.4%.<br /><br />Any downturn in commercial real estate will be different from the past, said Harvey Green, chief executive of Marcus & Millichap, because unlike the residential market, there has been relatively moderate production of new supply.<br /><br />"We haven't been in a long cycle of rent growth to justify that much new construction," said Mr. Green.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-86602346492843971222008-02-18T05:41:00.000-08:002008-02-18T05:42:42.892-08:00Tips for BuyingJohnna: In good markets and bad, real-estate agents are constantly announcing that "now" is the best time to buy. With housing prices weakening, inventories rising and sales slumping, this attitude has drawn a lot of ridicule in the press.<br />But you know what? Now may actually be a very good time to buy, or at least start looking seriously.<br /><br />Though no one can really tell when the downward-trending housing market will reach its nadir -- most economists predict it will bottom out sometime in 2008 or 2009 -- there's no doubt that sellers have let go of bubblelicious notions of what their homes are worth. According to S&P/Case-Shiller, existing home prices dropped 4.5% nationally in the third quarter over the year before; price appreciation was even slowing in Charlotte, one of the few cities that the research group covers that showed price appreciation year-over-year. It rose at a tepid rate of 4.7%.<br /><br />The media makes this out as a tragedy, but it's really not. For buyers, a market that's nearing its bottom is only a concern for flippers, who need a rising market to make money. For buyers making a long-term investment, it's a reason to rejoice.<br /><br />Yes, loans are hard to find, but they are still being made, especially if you have good credit. While the qualifications for getting a loan are becoming stricter -- but no more strict than they were in the mid-1990s -- mortgage money is still cheap by historical standards and will likely remain so in the near future. The Mortgage Bankers Association projects that 30-year fixed rates will hover around 6% throughout 2008 and the first two quarters of 2009.<br /><br />Meanwhile, as you have noted, bargains abound, particularly in foreclosure properties. While many Web sites sell foreclosure information (sometimes after letting you sample the Web site for a week-long free trial), you don't have to pay an online membership fee to find them. Title companies, real-estate agents and lenders -- including credit unions -- all have information on homes in various stages of foreclosure.<br /><br />Homes that are being auctioned are listed in the legal notices section of the main local newspaper and can usually be found on the newspaper's Web site. <br /><br />But generally, you will get a better deal if you buy a house before it goes to auction, or after -- if it doesn't sell on the courthouse steps. Bidders at an auction sometimes get caught in the heat of the moment and push up prices.<br /><br />For a simple and up-to-date explanation of the foreclosure process, you may want to read "Finding Foreclosures" by real-estate investor Danielle Babb and mortgage broker Bill Nazur (Entrepreneur Press; 2007). But keep in mind that the book was prepared with RealtyTrac, an online database of foreclosure and pre-foreclosure properties, and promotes that Web site heavily.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-59670310283418081222008-02-15T20:12:00.000-08:002008-02-15T20:18:16.637-08:00Mortgage Down Payment - How Much Money For Down Payment?deally, you would purchase your house with a 20 percent mortgage down payment, closing costs equal to about 3% to 5% of the purchase price, and enough left in your checking account to cover two or three months of monthly housing expenses. That starts you out with lots of equity in your house upfront and makes the lender happy as a result of your large mortgage down payment -- something that usually translates into a better deal. The trouble with this mortgage down payment plan is coming up with that much cash is too much to ask from many first-time buyers. After all, we're talking $40,000 mortgage down payment on a $150,000 loan or $70,000 on a $250,000 mortgage.<br /><br />The good news is that lenders over the last couple of years have become increasingly willing to finance as much as 95% or even 97% of a home purchase. The reason: They can now unload the risk of such loans onto somebody else. To limit their exposure, many lenders regularly sell their loans to the Federal National Mortgage Association (Fannie Mae), which then bundles them into securities which are eventually sold to investors. It used to be that Fannie Mae only would buy loans for 80% financing. But it recently standardized the lending criteria for 97% financing and will now buy these loans, making lenders much more willing to provide them to you with less mortgage down payment. It's now common for first-time buyers to put down only 5% mortgage down payment, or $7,500 on a $150,000 loan.<br /><br />While this sounds enticing, remember that small mortgage down payments have their price. First of all, you start with very little equity in your home. Also, if you don't have 20% to put towards you mortgage down payment, you'll probably have to ante up for mortgage insurance which protects the bank against default and can top $1,000 a year if you put 5% down on a $200,000 loan. Mortgage insurance rates are fairly standard but rates for adjustable rate loans and alternative credit can be much higher than a good credit fixed rate loan.<br /><br />If you are buying in an urban area or have low to moderate income, look into programs offered by your city or state that provide below-market loans with little or no mortgage down payment required. If you're really cash-strapped, you can get 100% financing by "piggy-backing" a second loan equal to 20% of the purchase price on top of your 80% loan. But that 20% second mortgage will come at a much higher rate.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-18136911363327489612008-02-15T20:10:00.000-08:002008-02-15T20:11:33.776-08:00Make Money Flipping Real Estate - Which Way?You can certainly make money flipping real estate in more than two ways. However, when it comes to actually repairing and improving a house to sell it, there are two essentially different approaches. The first is to do as much of the work yourself as you can. The other approach is to simply manage the project while others do all the physical labor.<br /><br />Many investors will tell you that your time should be spent finding and managing properties, not raking leaves or painting or hammering nails. Doing the work on the house means you have bought yourself a job, they will tell you, rather than an investment. I tend to agree, but nothing is that simple. There are good reasons for either approach and you can make money flipping real estate either way.<br /><br />Make Money Doing It Yourself<br /><br />Do you make more or less money when you do your own work on that fixer upper? That depends on how you look at it. It is true that you might make more money on a given project. After all, if it costs $2,000 in labor for roofing, and you do it yourself, you should make $2,000 more profit - at least if you do it as fast as the professionals would have done it (there are holding costs to pay if the project is delayed). On the other hand, if you do a lot of the work yourself, you might be able to flip just a couple houses a year, rather than the dozen you could do if you paid for all the labor.<br /><br />When you do it yourself, however, you do get a bigger margin of safety. (I should say you CAN get a bigger margin of safety, because those of us that aren't as skilled in the building trades might screw things up and have to hire a professional anyhow.) On a project that would yield a $20,000 profit after paying for all labor, you might save $8,000 by doing much of the work yourself. This can mean more profit, but it also means that if there are unexpected expenses or you guessed wrong on what the house would sell for, you are less likely to lose money.<br /><br />Another factor to consider is your cash situation. If you are tight on cash, and you don't want to bring in other investors or you can't borrow enough money, you can get by with less by doing a lot of the work on your own. In fact, one way to do your first flip is to live in the home while you fix it. This makes it easier to get financing, and if you stay there two years before selling, you don't have to pay taxes on the profit.<br /><br />Make More Money Flipping Real Estate As A Business<br /><br />Handled like a business, there is no doubt that you have the opportunity to make more money. A friend of mine flipped fourteen houses in one year, something he never could have done if he had been painting the homes or laying tiles in them. He never lifted a hammer. He made it clear that he thought his time was better spent finding the next deal, while his crew finished the houses that he had at the moment.<br /><br />The Choice<br /><br />Which is the better approach then? It depends. Of course there is more money to be made finding deals than hammering nails. But what if you need a safe small deal to get started? What if you are short on cash and ability to borrow? What if you just enjoy the process of fixing up a home?<br /><br />Those are all good reasons to consider doing the work yourself, or at least part of it. There is no absolute right way to make money flipping real estate. Often investors learn a lot by getting involved with the repairs and improvements. This could mean you'll save money and make better decisions later, when you are managing projects or finding deals. The choice is yours.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-50273017292654945042008-02-15T20:08:00.000-08:002008-02-15T20:09:01.207-08:00111 Home Appreciation and Capital GainsThe last seven years has seen tremendous appreciation in home prices. This brings up the issue of home capital gains tax issues for people when they sell.<br /><br />Home Appreciation and Capital Gains<br /><br />Owning home is considered part of the American Dream. Unless you are extremely unlucky, homeownership leads to tremendous wealth building. You simply sit in your home, make the monthly payment and reap the benefits of appreciation and increased equity. A bit of the luster, however, can be lost when it comes time to sell.<br /><br />Capital gains taxes are the problem. The federal government encourages homeownership, but also wants a chunk of a change when you sell. The capital gains tax is a percentage of the profit you have realized from the home, to wit, the difference between the price you purchased it at and the price it is sold. You can deduct mortgage costs, improvements and so on, but there is still the tax.<br /><br />Fortunately, there are some large safe harbor exemptions to the home capital gains tax. If you are single, you can exclude the first $250,000 in profit from being taxed. If you are married and filing jointly, you can merge your individual exemptions and protect the first $500,000 from being taxed. In most parts of the country, these exemptions will completely protect you from home capital gains tax. Even if they don't, the tax savings should be substantial.<br /><br />To claim the exemptions, you must meet a few requirements. Obviously, you have to actually own the home. You must also have lived in the home two out of the previous five years. It must have been two years since you tried to claim the exemption on any other home. Put another way, you cannot claim the exemptions for investment property or second homes. Still, these healthy exemptions are a windfall for most homeowners.<br /><br />Americans are notorious for being horrific savers when it comes to financial planning. Homeownership provides a relatively straightforward savings method and the government promotes it as such by providing these large home capital gains tax exemptions. If you can pull it off, buying a home is one of the smartest moves you will ever make.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-83597968360144044722008-02-02T18:07:00.001-08:002008-02-02T18:07:40.514-08:00What Is “The Secret” To Finding Real Wealth?id you know that less than one percent of the people currently living on this planet account for almost twenty-five percent of ALL the wealth? These powerful people certainly don’t want you to know this...they want you to stay as mindless drones whose sole objective is to keep THEM wealthy. What is the secret this small fraction of the population knows that the rest do not?<br /><br />If you haven't seen the movie "The Secret", I implore you to watch it! The Secret is the most powerful law in the universe! If you have already seen it, watch it again. To watch "The Secret" online, copy and paste this url into your browser; http://www.thesecret.tv/home.html<br /><br />Or you can watch "The Secret" On Demand via cable and satellite for audiences in the United States and Canada.<br /><br />This small minority of people who are currently pulling the strings on world politics and world economics have mastered The Secret. These are the same people who want The Secret banned like it was once banned hundreds of years ago. Now The Secret has been un-earthed for all to discover its tremendous power once again!<br /><br />There also have been great leaders who have mastered The Secret and made positive contributions to all of humanity. Leaders like Albert Einstein, Abe Lincoln, and Mother Teresa to name a few.<br /><br />We are now living in an exciting new age of technology where humanity can do incredible things. The brick and mortar corporations who once ruled our economy unequivocally over the little guy are slowly losing their death grip due to the astonishing power of the internet!<br /><br />So what is this secret you ask? In a sentence; "The Secret Is The Law Of Attraction". Simply stated, you get what you wish for...or your thoughts dictate what you get in life. Your health is dictated by your thoughts as well as your wealth.<br /><br />Think of your thoughts as little tiny magnets...the intensity of these tiny magnets or thoughts are in direct proportion to the emotions you attach to it. The stronger the magnet, the stronger the attraction. This explains why a lot of people don't get what they wish for. They have not attached a strong enough emotion to their dream. Or they feel they don’t deserve their dream so they don’t bother pursuing it.<br /><br />Let me give you an example of how the law of attraction works in a negative way. Think of the days when you got started off the wrong foot, then said to yourself "this is gonna be a long and terrible day". What happened? A long and terrible day...you got what you wished for! The degree of how terrible your day turned out was proportional to the intensity of the negative emotion you attached to the thought, right?<br /><br />So how do these little "magnets" or thoughts attract what we want or don't want in our lives you ask? Well, and this is based on quantum physics that scientists have just learned in the last 10 or 15 years. There is an invisible universal mind if you will that contains all the dreams and thoughts of everyone who has ever lived or will live...past...present...future. This is quite the paradox you may think, how can this be?<br /><br />The "time" element in this universal mind has been negated or altered. Quantum physics has recently shown us that a single electron can occupy two different spaces in an electro-magnetic field at the same exact point in time, once thought impossible. This goes against the laws of physics unless time has been negated or altered some how, the only possible explanation. So you may be able to connect with the dreams of someone who hasn't been born yet. Are you getting excited yet?<br /><br />The Universal Mind is a sort of collective consciousness. The place where dreams are born. These dreams are invisible and waiting to take physical form.<br /><br />How do you convert your dreams from the universal mind to the physical realm? By constantly thinking about your dreams with strong emotions and just as importantly - taking action! I am NOT talking about wishful thinking here...you must take action on your dreams!<br /><br />It helps to have pictures of your dreams and look at them every day. Write your dreams down. Formulate a plan that is specific and with deadlines that will bring your dreams to fruition...and stay the course! “Don’t die with your dreams still inside you” as Dr. Wayne Dyer likes to say.<br /><br />That is why I firmly believe you should pursue ventures you have a passion for...then you will find it easier to attach strong positive emotions to your thoughts and dreams.<br /><br />This is the most powerful law in the universe, use it wisely my liege...<br /><br />Good Luck and Stay the Course!Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4753614913061076291.post-11399561326909653462008-01-26T22:21:00.000-08:002008-01-26T22:23:10.278-08:00When Applying For a Mortgage, How Much Can I Borrow?he real estate market is full of bargains these days. Homes that sold for $500,000 a year or so ago can probably be picked up for less today because the housing market has become soft or has turned into what is known as a buyer's market.<br /><br />So, when you're out there looking for a home, the big question is, "for my mortgage, how much can I borrow?" While the answer may be delightfully surprising, the real test comes when you figure out how much you can truly afford. Therefore, in this article we will give you the information you need to determine how large of a mortgage you can make the payments on and then you can go look for your dream house.<br /><br />How much you borrow is up to you<br /><br />The way the real estate mortgage market works today is anybody with decent credit can get a mortgage for just about any amount he asks for. It's really gotten crazy! Through negative amortization mortgages people have gotten mortgages for way more than they could afford and they were actually talked into this overextending of themselves by the lenders.<br /><br />This is what you want to avoid. The lenders make more money for each additional dollar they lend you. Realtors have absolutely no motive to try to make sure you can make your mortgage payments because they get their percentage at closing. After that it's up to you. Personally, I believe the buyer having this information will make much better choices than a lender or a realtor would make.<br /><br />The 28/36% rule<br /><br />Back in the 1980's, they used to determine how large a mortgage a potential homebuyer could afford by using the 28/36% rule. Using this rule, the lender would first find out if the applicant had any debt before the purchase of the property. This debt would include car payments and credit card payments.<br /><br />If the applicant had none, the lender would multiply the applicant's total monthly income by 36%. The monthly income would be the yearly income divided by 12. Though this might seem like an oversimplification, it is calculated that way instead of using 4 weekly paychecks as a month or 2 biweekly paychecks as a month because this amount would be smaller than the true monthly pay received.<br /><br />So, if someone made $6,000 a month, it would be multiplied by .36, which would give an answer of $2,160 per month. This would be the amount of the monthly payment the applicant would be allowed to borrow up to. They would use this amount without adding on taxes or homeowner's insurance.<br /><br />$2,160 a month would pay for a mortgage of $324,000, if the mortgage interest rate was 7% and the term of the mortgage was 30 years. The standard in the lending business is the mortgage can be up to 80% of the price of the property, so the price of the property could be as high as $405,000. Of course, the buyer would need an $81,000 down payment.<br /><br />What about that car payment?<br /><br />If the applicant had other monthly obligations, such as a car payment, the lender would use 28% of the monthly income. In this case, the applicant could make monthly payments of up to $1,680. If again, the rate was 7% and the term was 30 years, $252,000 could be borrowed.<br /><br />I am a proponent of the 28/36% rule. It is more liberal than the old standard from the 50's, which was not to take on any larger monthly obligations than the amount of your weekly paycheck, but the 28/36% rule does give a proven guideline.<br /><br />There is one last word of caution. Make sure to only apply for a fixed rate mortgage. These days, lenders will qualify people at some low introductory rate and then a year down the road the minimum monthly payment rises to well above the amount the applicant was approved for. Don't go there! Get a fixed rate mortgage only and there will be no future life ruining surprises.<br /><br />The author, Ed Lathrop has developed EzCalculator, a Mortgage Calculator with a "pay off credit card debt" calculator, a free "student loan" calculator and the famous "How to Make $100,000 on Your Mortgage" calculator. Come visit this free site at Free Financial Calculator Also, print out a free amortization schedule of any mortgage at Free Amortization ScheduleUnknownnoreply@blogger.com0