Buying a home is a big investment and an important responsibility. But owning a home also makes you feel like you're part of a community and proud to have a stable environment to raise a family. And if handled correctly, a home can add to your long term wealth should you decide to sell it down the road. Home Buying Tips Ninja Training … [Read more...]
As you begin your quest to buy a new home, it's important that you understand what you're getting into. This is especially true if you are a first-time home buyer. You have to be on top of your household budget and savings. That's because your current financial state will permit you to determine if you'll be able to cover the immediate upfront … [Read more...]
When it comes to buying a home, you need to know about your mortgage options. What you'll discover is that there are four types of mortgage loans. They include fixed rate, adjustable rate, interest only, and balloon. And for each type there will be a variety of terms and options that lenders will offer. But once you understand the big picture, … [Read more...]
Without a doubt, the two most popular types of home mortgages are fixed rate mortgages and adjustable rate mortgages. The fixed rate mortgage is the original belle-of-the-ball. But the adjustable rate mortgage is no shrinking violet, and has it's share of adoring fans. So, in this article, I'll take a closer look at the fixed vs adjustable rate … [Read more...]
When you begin your hunt for a new home, things may start off slowly and you might still be debating about neighborhoods and areas to narrow your search. That's perfectly normal and expected. But eventually, the process will get more serious and you'll decide on a price range. Once this happens, you'll probably want to determine if you'll be able … [Read more...]
If you're ready to get down to business and start shopping for a home, then pay close attention to the tips and information contained in this article. Specifically, I'll cover whether you should use a real estate agent or not, the various types of homes, and why you should have a house inspected before you sign on the dotted line. After reading … [Read more...]
If you're a bargain hunter, there are a few off-the-beaten-path home buying options or alternatives that could put you in a great home for a lot less than you would have expected. The alternatives include property short sales, foreclosures, and real estate owned (REO). Home Buying Tips Ninja Training Guide Introduction: Renting vs … [Read more...]
If your spidey senses have led you to a great house that you'd like to buy, it's time to get into a negotiating mindset. This article is all about how to make an offer on a house. You'll learn some key pre-negotiation tips, ideas for formulating an offer amount, insight into earnest money, and strategies for negotiating terms. Let's get … [Read more...]
If you've been getting nagging phone calls about paying past due bills, then you should read these tips for how to negotiate with collection agencies, creditors, and debt collectors. You'll learn how to prepare yourself, which debts to negotiate first, and proven negotiating rules. This information will help you to become a stronger and more … [Read more...]
Would you like learn how to choose the best credit card for you? If so, keep reading. I'll reveal five big things you should weigh before making a final decision. If you go about it the right way, you'll save yourself a lot of money over the long term. 1. Look for a low Annual Percentage Rate (APR) The APR is the interest rate … [Read more...]
All debt collection agencies know that they must follow the rules specified in the Fair Debt Collection Practices Act (FDCPA). It's the law. And in many areas it's quite clear. Take a look at this list to see if your collector is skirting any debt collection laws. 1. Calling you during disallowed hours of the day - The rules state that … [Read more...]
If your debt is piling up and you just don't feel there's a way to get from under it, then filing for bankruptcy is one possible solution. But the big question is should you do it or seek out another alternative? In this article, you'll learn about the two basic types of bankruptcy, other options, and what will happen if you decide to … [Read more...]
If you're thinking about filing for bankruptcy, then it would be wise to know what all it can and can't do for you. Yes, it can keep most of the wolves off your doorstep. But it's not a cure-all. Here are some of the key benefits and limitations to filing for bankruptcy. What Bankruptcy Can Do Stop your wages from being garnished - If a … [Read more...]
One popular way to consolidate debt is to move all the outstanding balances on your credit cards (and perhaps other non-credit card loans) with high interest rates to a single credit card that has a low rate. This lower rate card is often referred to as a balance transfer credit card. Banks offer these types of credit cards as a way to get new … [Read more...]
If you're wondering whether canceling a credit card could hurt your credit score, this is an important article for you. Many people are understandably confused about this area and are right to ask how or why such a thing could be financially harmful. After all, your objective is probably to clean out the clutter in your credit file and enhance … [Read more...]
Disclaimer: The entire contents of this personal finance and wealth building web site represent the thoughts, ideas, and opinions of Michael Holland, unless otherwise stated. You may also come across articles, videos, reports, and other content provided by (or associated with) various authors. In all of these cases, the opinions of each respective author is there's alone, and they shall retain copyright of the material as marked. There are also links that might earn us a commission. Nevertheless, the information on this web site is in no way intended to replace a one-on-one relationship or consultation with a qualified or certified financial or investment professional. Our intent is not to give you financial advice because every individual's financial situation is unique. The intent is to share knowledge and information based on the experience and research of Michael Holland and his community. Michael encourages you to make your own financial decisions based upon your research and in partnership with a qualified financial or investment professional. |