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How About A Just In Case Line Of Credit
By Team iBizExpert On April 03, 2022 12:29 AM
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According to Eastern philosophy, when God makes a problem, he or she also makes a way to solve it. In some ways, modern financial thinking is the same. There are many things that can go wrong with money, but luckily there are ways to fix...
How A Reverse Mortgage Works
By Team iBizExpert On April 03, 2022 12:13 AM
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Ever wonder how a reverse mortgage works? People who have lived in the same house for a long time could be sitting on a gold mine. In the last thirty years, home prices have gone up a lot, and in the last ten years, they have nearly doubled...
Getting Money From A Reverse Mortgage
By Team iBizExpert On March 31, 2022 09:31 PM
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With a reverse mortgage, people over 62 can get money from the value of their home.
The homeowner can do whatever they want with these funds.
Some people have used the money to pay for long-term care or to fix up their...
Bargaining For The Best Reverse Mortgage Rates
By Team iBizExpert On March 17, 2022 06:29 AM
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Rates for reverse mortgages are the same as rates for regular mortgages, and when you apply for a reverse mortgage, you should do everything you can to find the lowest rates you can. Even though shopping around takes time, you can help yourself...
What is FHA loan?
By Team iBizExpert On March 06, 2022 09:07 PM
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Home mortgages are an important part of loans, but we'll focus on this one. One of them is called FHA. The National Housing Act of 1934 created the Federal Housing Administration (FHA), which is a government-owned company. Its goal is to improve...
Predatory Lending Through Loan Steering
By Team iBizExpert On March 01, 2022 08:07 PM
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Predatory lending is at an all-time high because the real estate market is still going strong after five years of skyrocketing prices and low interest rates. The term doesn't have a clear meaning, but it usually refers to lenders who go out of...
Home Equity Theft Through Contractors Still a Problem
By Team iBizExpert On February 24, 2022 03:31 PM
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One of the most common reasons to get a home equity loan is to make improvements or upgrades to the home itself. With some changes, the property's value goes up almost as much as what it cost to make those changes. This, plus the fact that the...
What Is A Reverse Mortgage Good For?
By Team iBizExpert On February 16, 2022 11:13 PM
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A home loan that you don't have to pay back as long as you're alive or as long as you live there? Reverse mortgages make this happen, even though it sounds too good to be true.
A reverse mortgage is a loan you take out that you don't have...
What Is A Reverse Mortgage And Should You Get One?
By Team iBizExpert On February 16, 2022 11:01 PM
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Who can get a reverse mortgage? (b)
You have to be 62 years old or older and have equity in your home.
If your home is worth more than what you owe on it, you have equity in it.
How does it...
What Is A Reverse Mortgage?
By Team iBizExpert On February 16, 2022 10:53 PM
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Seniors are becoming more interested in reverse mortgages. They give easy money to seniors in exchange for a share of their home.
If you want a reverse mortgage, the following information will help:
How does reverse mortgage...
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