Archive for December 9th, 2007

Research can pay off for a home purchase

Sunday, December 9th, 2007

I have a friend who is in the market for a new home. He is a first time home buyer and is a little green with the whole process. I suggested that he take a little extra time to do some research online to become more aware of the different areas it is an advantage to know about. With the amount of free resources available online, there is no reason why the diligent researcher won’t be in a better position after investigating the alternatives. In fact, you may well save time and money after you acquire some valuable tips.  

Getting into the Mortgage Game

Sunday, December 9th, 2007

If you want to make like the famed Robert Kiyosaki of Rich Dad, Poor Dad fame, you might consider taking a hand in the mortgage game. Instead of buying a house for yourself, you might want to consider buying and selling houses to make a profit. And you can do this by going for an interest only amortization schedule or the famous biweekly amortization schedule. This is a great loan schedule that allows you to pay low rates for a piece of property and once it accrues in value, you can sell it and make profits without having your principal amount increased. Tempting little tidbit, is it not?