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Write You - 5 Must-Know Tips for Shopping for an ARM - Part 1
"Baldwin occasionally stumbles over the truth, but he always hastily picks himself up and hurries on as if nothing had happened." — Winston Churchill, English statesman and prime ministerA number of studies that have shown over the years that companies with "high standards of ethical behavior," "shared values," or who are "socially conscious" have much h
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1.) Get the Lender's Contact Info - Once the borrower has decided which lender they are going to use, they should immediately record the lender's information and place it in a safe place. Phone numbers, the specific person that one is dealing with, the dates that the borrower has been in contact with the lender, and the specific loan name of t
You can purchase property for cash, of course, and if you have it, this can be the best way to get a great price. What if you don't have the cash? Here are some of you other options.Partner To Purchase PropertyJoin the local real estate investing group in your town. Then start taking notes, names, and numbers. Our group here in Tucson meets
1.) Get the Lender's Contact Info - Once the borrower has decided which lender they are going to use, they should immediately record the lender's information and place it in a safe place. Phone numbers, the specific person that one is dealing with, the dates that the borrower has been in contact with the lender, and the specific loan name of
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1.) Get the Lender's Contact Info - Once the borrower has decided which lender they are going to use, they should immediately record the lender's information and place it in a safe place. Phone numbers, the specific person that one is dealing with, the dates that the borrower has been in contact with the lender, and the specific loan name of
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2.) Getting the Teaser Rate - When using an ARM, the initial interest rate (teaser rate) will always be lower than comparable rates on fixed-rate mortgages. Don't get fooled by the initially low rate, as it often survives no longer than a few years. If flipping properties, this may not be a concern, but if one is purchasing the property for a home or rental, this can be a financi
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