Are you considering getting a mortgage to buy a condo? Read this first. As a Realtor, I know that condos are popular among first-time home buyers. After all, the average condo costs less than the average single-family home. (In March 2011, the … [Read more...]
Mortgage Underwater? Here Are Your Options
March 18, 2011 By
So, was 2005 the year that you dove in and bought your first house? How much do you wish you had had a crystal ball back then? Don’t be too hard on yourself: NOBODY had the ability to see the future and nobody knew just how bad the housing … [Read more...]
Four Ways to Save $50,000 or More On Your Mortgage
January 11, 2011 By
Note from David: When I got serious about financial improvement, I knew I wasn’t going to be able to totally eliminate dining out, Starbucks, and other indulgences like every personal finance book told me to. (Some people can; I just liked them too … [Read more...]
The Real Truth About Loan Modifications
November 9, 2010 By
Loan modification is a hot topic these days. Millions of home owners are currently struggling to make their mortgage payments, and many owe more than their homes are worth. If you find yourself in this situation, your options aren't great. … [Read more...]
How to Shop for a Mortgage: 7 Steps to Finding the Perfect Home Loan
August 26, 2010 By
Photo by woodleywonderworks. Every week, I see home buyers make the same expensive mistake: they simply don’t shop around for a mortgage. It’s a shame. When you buy a home, getting the right mortgage loan is just as important as the right … [Read more...]
Seller Carry Backs: Finance a Home Without a Mortgage
July 28, 2010 By
Most people have never even heard of a seller carry back, yet it can really pay to understand this real estate strategy. What is a seller carry back, anyway? A seller carry back is simply owner-provided financing. You may also see this advertised as … [Read more...]
What You Need to Get Approved for a Mortgage
June 15, 2010 By
There’s no question, it’s a good time to get a mortgage. Average mortgage rates on 30-year fixed-rate loans are around or under 5%. Some forecasters predict that number will climb to 5.5% by the end of 2010 and by 5.9% in 2011, although a new … [Read more...]
Is a Short Sale Right For You?
May 13, 2010 By
Are you or someone you know having trouble paying a mortgage? You’re not alone. Millions of Americans are still grappling with the fallout from the recent recession. And for many, that means falling behind on mortgage payments. If you’re … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results. 