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Friday March 12th 2010

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How did people have homes before banks invented mortgages for the sake of profit?

With a mortgage you don't even own the house until 30 years later after you make all the principal and interest payments which means you end up paying double the original purchase price. There must be a better way than being a prisoner of the bank?

How Do Failed Sub Prime Mortgages And Increases Of The Supply Of Homes Decrease The Price Of Apartment Rents?

How Do Failed Sub Prime Mortgages And Increases Of The Supply Of Homes Decrease The Price Of Apartment Rents?

I was reading an article in the business section of the L.A. Times today discussing the result of sub primes mortgages after the housing boom. It mentioned that resulting home foreclosures would "slow the rise in rents". I'm wondering, in an economic sense, how this is possible.Related BlogsRelated Blogs on ApartmentApartment/condo Security | [...]

New Qualifications For Buying a Home – FHA Loan Limits Revamped For 2009

One of the official duties of the new president was to ensure the FHA loan limits would change. With the fall of Fannie Mae and Freddie Mac it has been essential to try and re-stimulate the economy. The stimulus bill has allowed for Fannie Mae and Freddie Mac to guarantee loans at new limits. It has also changed how the FHA loan program works. [...]

Finding Bank Repo RVs at Auction

The best way to locate a repo RV is through making contact with a bank or other lending institution.  You may face some challenges getting to the right person who can answer your question, but be persistent.  Eventually you'll learn what's available and whether their auctions are open to anyone.  Ideally, you'll find good bank repo RV [...]

Police Impounds – Cheap Police Impound Automobiles For Sale

Are you are looking for high powered cars but don't want to drain your savings? You should try to visit several government car auctions sponsored by police impounds. Yes, you heard it right. You can buy cars in an auto auction held by government agencies. You are probably wondering why these agencies would get involved in auto auctions. Well it [...]

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