Finance your Business Expansion
Finance your Business Expansion – The American dream- Homeownership, The Entrepreneur’s dream- Business Ownership What if you had the opportunity to have one dream fuel the other? Starting a business takes a few things- a good idea, a good work ethic and a good amount of money. Expanding a business requires a calculated plan. Typically […]
Avoiding Foreclosure
Finding yourself behind in your mortgage payments adds a lot of stress. Unexpected expenses come up and you have to make choices about what gets paid first. It is especially difficult if it is a medical expense where there really is no good choice. Laws may differ from state to state but generally, if you […]
Denied a Cash-Out Refinance mortgage? Sell and Leaseback your home.
Denied a Cash-Out Refinance mortgage? – Qualifying for a mortgage is tough for many homeowners, especially ones with credit or income challenges. You and your house have to meet the rigorous guidelines of Lenders to get a loan approval these days. It is important to understand where you stand before beginning the mortgage application process. […]
When you, as a homeowner, find yourself in need of funds what are your options?
Reverse Mortgage In order to qualify for a Reverse Mortgage you have to be 62 years of age or older and the property must be your primary residence. The most common is a Home Equity Conversion Mortgage (HECM) and it allows homeowners to use their property as security for a loan but differs from a […]
Living your Dreams: Cash Out, Stay and Pla
As many homeowners become empty nesters after their kids move out, owning a house can become more of a burden than a haven. You may not have someone nearby to help clean the gutters or mow the lawn or shovel the snow. The older you get the more you realize it may not be such […]
Retired and living longer: The benefits of a long term LeaseBack
You did it! You finally retired. All those years of hard work and commuting are now a thing of the past. Your time is your own. Once retired, financial management is the primary concern because you often live on less income. Managing expenses becomes a priority. On the other hand, you have your lifestyle to […]
Divorcing: What to do with the house and the benefits of a LeaseBack
The time has come. You have made your decision. Divorce. Not exactly what you had planned all those years ago but here you are. Now there are some tough choices that have to be made and there may be assets to divide and children to consider. For many couples, the biggest asset they own is […]
Do you have to sell your house in a divorce?
Being married to someone means sharing everything, including both assets & debt. For many couples, their home represents their largest and most important asset. This is why when a marriage is terminated it can be especially tricky to sort out what to do with the marital home (the house the couple used as a primary […]
Equity Release Deals
Equity is what we call the difference of your home’s value and the amount still due on your loan. In simpler terms, equity is the accrued value in your house. Equity release is any way to access that accumulated value without having to move out. Equity release plans are varied and it’s very likely to […]
Is renting a waste of money?
Surely, you’ve heard from someone that money spent on rent is wasted, this is not true. Sure, you won’t make any money off of your home if you’re a renter, but you won’t make any as a buyer either unless you decide to sell. There are many benefits that come from the flexibility of renting, […]
