Real Estate

Investing in Vacation Home Rentals

Investing in Vacation Home Rentals

Are you interested in owning a second home? How about a vacation home? Do you want to get started, but have no clue on where you are going to get the money? If this sounds like you, there are many things you can do to get the home that you have been dreaming of.

Investing in vacation home rentals is one of the best ways to own a second home without having to break the bank to do so. Even though it may sound like a difficult task, investing in these types of houses is not anything that a normal person cannot handle. It’s not just for the experienced pro’s.

5 Things You Should Know Before Buying A New House

5 Things You Should Know Before Buying A New House

Are you thinking of buying a new home? Most people buy a home with the help of a mortgage loan. Would you qualify? Are you making the right choice? Here are 5 things you should know:

1. Be Free from Debt.

Do not make big purchases on credit unless you are paying by cash. This includes furniture, cars, electronics, restaurants, jewelry, lavish weddings and parties etc

2. Do not “Job-hop”

Do not change your present job just before applying for a loan, unless it is for a higher paying job. Job-hopping is out. It suggests a lack of stability.

Home Loans And Mortgages – Beware Of New “Mortgage Elimination” Scam

Home Loans And Mortgages – Beware Of New Mortgage Elimination Scam

The booming real estate market has allowed many Americans to become “equity rich.” They may not have a lot of cash on hand, but they might have equity in their homes worth several hundred thousand dollars or more. Unfortunately, this increase in home wealth has spawned an equally booming business in equity theft, as more and more thieves find increasingly clever ways to con homeowners out of their equity, their homes, or both.

One clever new scam involves companies that promise to completely “eliminate” a homeowner’s mortgage. For a fee of a few thousand dollars, these companies claim that a homeowner can have a free and clear title to their home without paying off the remaining debt. How does this scam work?

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