Have you ever bitten off more than you could chew or found yourself asking the question, “How did I get myself into this?” In today’s housing market, thousands of homeowners are asking themselves this very question.
Let’s back track a few years to 2006 – a time when young people applying for mortgages were getting approved for three to four times the amount of what they could actually afford. But hey…spend it if you got it, right? Wrong.
I can gua... [More]
So, you’ve decided to add an addition, pay tuition expense, or have a cushion for life’s unexpected expenses. As your home is one of your greatest assets, many people decide to borrow against the equity in their home by obtaining a Home Equity Loan or a Home Equity Line of Credit. The tough decision is deciding which product will best suit your situation.
When working through the decision of whether to obtain a Home Equity Loan or a Home Equity Line of Credit, there are 4 catego... [More]
I just read online that two major colleges increased their Fall 2008 tuition by almost 10%. For many of us, paying for college is a struggle, especially in the midst of shaky economic times. Some options are financial aid and government loans, borrowing from family, or if you are like me, going into some major credit card debt; I highly recommend not using the last option…trust me.
Looking further into possible options I Stumbled Upon – pun intended – Fynanz.com. New York b... [More]