Home equity line of credit: Do you really want one?

If you own your home you have a financial resource available to you that can help you with your financial needs or concerns. What is it? HOME EQUITY! Read more »

How to use “Owner Financing” for Real Estate investing

Owner financing can often produce a winning situation for both the homeowner who is selling the property and for the buyer/investor who is purchasing the property. Owner financing is when a seller is willing to help finance a real estate transaction by creating a loan for the entire purchase if they own the home outright or by creating a loan for part of the purchase when there is already an existing loan on the property. Read more »

What is a reverse mortgage? Do I want one?

If you have not already heard the term reverse mortgage, it sounds like a strange thing. Reverse mortgages are becoming more and more popular these days, but are they scams or are they legitimate?Is it really possible to sell your house back to the bank and still retain the deed to it? Will the bank really pay YOU the mortgage payments? Let's review what a reverse mortgage is so these questions can be answered. Read more »