4 Doctor Mortgage Loan

After the housing bubble burst, securing a mortgage loan became a difficult task. Many people no longer qualify for the mortgage loans they desire without putting money down or offering proof of adequate income. In recent years, however, some banks have begun to tap into a new corner of the mortgage loan market: doctors. With several thousand doctors graduating from medical school and residency each year, banks have begun looking to this section of the population for offering mortgage loans. Doctors begin with lofty debts, no income, and nothing to offer for a down payment. However, with the high future potential of their earnings and a very...

1 Paying for College on the House

College is financially challenging as the price of tuition keeps on increasing. Luckily, there are several ways students and parents may consider to support college education. From scholarships to Federal and State Grants to Federal loans and Private student loans, these are options for students who really want to take into the next step of education. Another option, which needs careful thinking is the use of the equity of the home to support finances. Parents may consider using home equity loan if they feel there are no other way to support their children's education. Taking the equity of the home may be beneficial for the following...

0 How to Cut Your Insurance Costs?

There are many factors involved in getting the least expensive car insurance.  Much of it depends on your own driving record, but other factors go in to the insurance company’s final decision on pricing.  Besides keeping down your accident rate, there are other ways to lower the cost of your insurance.  Here are five ways to keep down your insurance costs to get the best deal on your auto insurance. 1.      Determine the Car With Lowest Insurance Rate Each year a list is released with the cars that have the lowest insurance costs.  These cars are determined by their cost to repair,...

0 What is a British ISA?

Saving has been an issue not just for me but probably for everyone else whose only goal is to live debt free and invest in something such as a house, car or a business. There have been several ways promoted to persuade people in saving. Back in April of 1999, the British government introduced ISA to promote saving to its citizens. What is an ISA?                     Individual Savings Account otherwise known an ISA is a British tradition created to promote saving in the UK. Basically, it is a tax-free account where a person...

0 Foreclosure Man

Since the very beginning of the real estate crisis, there has been a glut of bank-owned homes on the market in Michigan. Although that spells bad news for the people who lost them, it can be a veritable gold mine for people who have the means to buy them. Under normal circumstances, a real estate investor might pick and choose a handful of foreclosed properties, renovate them and flip them for a profit. The other popular option is to rent them out to tenants. One Michigan man has made a real splash: He bought a whopping 650 foreclosures at one time. Just Call Him the Foreclosure Man 71-year-old Bill McMachen is far from an experienced...

0 Save Yourself from the Credit Card Bills Scare

If you’re looking to do something beneficial for your finances, then one of the first steps remains getting your debt under control and for that you should take care to reduce and ultimately get rid of your debt. Credit card debt amongst these happens to constitute one of the most vital constituents of the complete debt scenario and saving money on it would be a rather beneficial step on your part. There are undoubtedly quite a few ways in which you can get help for paying off multiple plastic cards; however the first step on your part should be to save money on it. You might say that saving money on credit card debt is a daunting task, given...