This is the Best Housing Economy in History…for Tax Lien Investors!
This housing market has made owning a house by purchasing the tax lien against it much easier, people just are not paying their taxes. Mortgage companies are SO laden with foreclosures that they are willing to write off the note just to get it off their books!
In good economic times, the redemption rate from the home owner stays around 90%. This means that 9 out of 10 homeowners pay their taxes before you, the holder of the tax lien, legally gains ownership of the house. To do this, the owner must pay you your invested price of the tax bill plus interest, which is a Win-Win scenario for you, the tax lien investor either way. Not too bad, right?
Continue reading ‘Now Is The Time To Make Money On Buying Tax Liens Homes!’ »
Posted by Alex Bhaswara on May 11, 2012 at 4:49 am under Personal FInance.
Tags: 9 Out Of 10, buying, Buying Tax Liens, Crunch, Economic Times, economy, Foreclosures, Goldmine, High Interest Rate, homes, Housing Market, interest rates, investor, investors, Liens, money, Mortgage Companies, Mortgages, Redemption Period, Redemption Rate, Tax Auction, Tax Lien, Time, Zowie
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Homeowners invest hard earned money into their homes year after year. Sometimes, homeowners use that investment for themselves and find it a great solution to a financial problem. Refinancing your mortgage with an FHA loan can be a great way to put that home equity to use.
Many homeowners use their homes equity to pay off debts, college tuition, home improvements, or anything else you will need help with financially. Remember though that an FHA refinance is only available to homeowners live in the home as a primary residence. They cannot be used for second, investment, or vacation properties. Continue reading ‘FHA Mortgage Refinance Options’ »
Posted by Alex Bhaswara on September 23, 2011 at 4:46 am under Mortgage.
Tags: homeowners, homes, invest, Mortgage, refinance mortgage
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Occasionally, this means visiting a new lender. Even if you remain with the same mortgage group or financial institution, yet refinance mortgage loan for more appealing terms, your money lender might experience a loss of revenue. To discourage this practice and defend their commerce, several loan providers add prepayment penalties into mortgages. This is particularly true with a bad credit mortgage refinance. They go into effect if you pay a home loan too quickly. If you refinancing loan prematurely and settle your original loan using a newer home loan, you can be slapped with additional expenses on top of your usual refinance fees.
Advantages of mortgage refinancing:
Continue reading ‘Bad Credit Mortgage Refinance Loan For Variable Income Homes’ »
Posted by Alex Bhaswara on July 13, 2011 at 5:17 pm under Mortgage.
Tags: credit, homes, income, loan, Mortgage, refinance, variable
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