In a fluctuating mortgage and residential real estate environment, it can be difficult to determine the true cost of your home. Unless you have vast real estate experience, seeking avenues of assessing the true value of your most precious investment can be confusing. Hence, here are important tips for getting your true home [...]28Dec2008 | Gaurav Bhola, MSM | 0 comments | Continued
This tutorial covers the several types of mortgage loans.
The following are commonly offered home loan choices [...]28Dec2008 | Gaurav Bhola, MSM | 0 comments | Continued
What determines mortgage rates? Consumers need to understand what causes mortgage interest rates to rise and fall. The common belief is that banks, the Federal Reserve, mortgage lenders, Fannie Mae and/or Freddie Mac decide the interest rates of mortgage home loans. There are several factors that guide mortgage rates.
Let’s start with the process at a [...]
In the real estate boom times, home equity lines of credit (HELOC) were as accessible as air. It seemed as if every homeowner had a equity line. It was not uncommon for consumers to open lines of credits with their banks in order to make home renovations, make purchases or pay for college education. [...]5Dec2008 | Gaurav Bhola, MSM | 0 comments | Continued
Home insurance has always provided needed protection to homeowners. However, home insurance is not seen by most homeowners as a critical component of their overall financial picture, unless a claim is filed.
As a homeowner, you should evaluate your coverage one to two times annually to see if there are opportunities to save on home [...]
Home buying in a buyer’s residential real estate market is an important decision to make. There are immense choices in new home, pre-existing home, and foreclosure inventory. Even though housing inventory is high, these 5 tips can help you in your home buying journey:
1. Don’t Time the Market
A lot of potential home buyers are waiting [...]
Home sellers are in flux these days as they face declining home realty prices, stagnating real estate market, increased competition in the form of more homes for sale, and wary home buyers.
Statistics released in July saw a drop of 16.3% in 12 months, according to the Standard & Poor’s/Case- Shiller 20-city housing index, prices will [...]
Mortgage refinancing can help you in several ways. Refinancing can be a great tool in personal finance management, if done for the right reasons. People perform a mortgage refinance for several reasons, but below are the right reasons [...]23Oct2008 | Gaurav Bhola, MSM | 0 comments | Continued
Home equity line of credit (HELOC) can be a formidable tool to get needed cash in a hurry. But, an equity line must be used wisely.
1. Avoid Using your Equity Line of Credit for Investment
Even though many investors borrow money to invest in the stock market; it is never a valid idea to do so [...]
Currently, there are several home loan choices available to new and existing homeowners. It is a challenge to wade through the various home loan mortgage options to discover the one suited to your needs. The following are commonly offered mortgage loan choices:26Aug2008 | Gaurav Bhola, MSM | 0 comments | Continued
The home buying process has always had the air of excitement. However, the home buying journey is full of winding turns and crossroads, making buying a home difficult and complex. Unless, you are a real estate agent or a mortgage lender, deciphering the complexities of home buying is not an easy task. So, it is [...]26Aug2008 | Gaurav Bhola, MSM | 0 comments | Continued