When a borrower takes out a home loan, the interest is tax deductible up to a certain amount. For borrowers in the highest marginal tax bracket, the savings can be significant, and this can make a dramatic difference in the true cost of ownership. However, this benefit diminishes over time as the loan is paid [...]
Home Interest Tax Savings Are Always Overestimated
March 2nd, 2009 No Comments
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Renegotiating Your Mortgage Terms During the Financial Crisis
February 28th, 2009 No Comments
Did you think it was impossible to renegotiate your mortgage rates to more favorable terms? Think again. Technorati Tags: Columbus House, columbus houses, Columbus Housing, columbus loans, columbus realtors, columbus realty
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Fannie Mae Loans for Columbus Investors are still available
February 27th, 2009 No Comments
Just got this in from one of our loan officers. It’s not impossible to get financing for investment properties these days. It’s just much harder than it used to be. Fannie Mae will now finance the purchases of one-unit homes for investors with an interest in between 5-10 properties, provided that all of the following [...]
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Home Buyers Flock To Little-Known Loan Program (The Tampa Tribune)
February 18th, 2009 No Comments
With tightened credit markets strangling the supply of home loans, a growing number of buyers in the Tampa Bay area have turned for help to an obscure program run by the U.S. Department of Agriculture. Technorati Tags: Columbus House, columbus houses, Columbus Housing, columbus loans, columbus realtors, columbus realty
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Follow These Steps For a Successful Mortgage Application
February 18th, 2009 No Comments
Buying a home can be one of the most exciting experiences as well as one of the most daunting. To help relieve some of the confusion you may have about the mortgage application process this article provides a basic step by step guide to help relieve some of the confusion and trepidation that can surround [...]
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Lessons Learned: The bi-weekly mortgage payment (Lincoln Journal Star)
February 16th, 2009 No Comments
Lessons Learned/Feb. 7/The bi-weekly mortgage payment: Faux or real strategies? Even as I warmed myself in the afterglow of refinancing of our home mortgage � to capture a historically-low loan rate � several predatory marketing letters arrived in the mail. Technorati Tags: Columbus House, columbus houses, Columbus Housing, columbus loans, columbus realtors, columbus realty
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Prime Or Sub Prime? Mortgage Lender Types and Refinancing
February 16th, 2009 No Comments
Right now is an amazing time to refinance your mortgage. Mortgage rates are at all time lows across the country. Homeowners everywhere are hurrying to refinance their home mortgages. Just a saving of 1% or more can equal hundreds of dollars in savings for you. Technorati Tags: Columbus House, columbus houses, Columbus Housing, columbus loans, [...]
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Wells Fargo May Cut Loans for Some Wachovia Customers (Update1) (Bloomberg)
February 16th, 2009 No Comments
Feb. 6 (Bloomberg) — Wells Fargo & Co. , the second-biggest U.S. home lender, offered to cut mortgage balances for some Wachovia Corp. customers by 20 percent as defaults rise and officials pressure banks to modify loans to avoid foreclosures. Technorati Tags: Columbus House, columbus houses, Columbus Housing, columbus loans, columbus realtors, columbus realty
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I am attending college here in Columbus Ohio USA working on my Master's degree in Nursing (MSN)?
February 15th, 2009 3 Comments
I am going to school fulltime and working part-time.I inherited money from my deceased father and was wondering whether to use $220,000 dollars to buy a 2 bedroom 1250 square feet condo or keep it invested in Abbott Laboratories stock??? I currently rent $675/month but my building is being sold and I’m sure they will [...]
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One Stop Shop Service For Mortgage Loans
February 14th, 2009 No Comments
Have you plan to buy a house now or in the near future? If so, do you have enough deposits in your bank account? If you haven\’t, will you need a loan from the bank? Maybe you haven\’t considered the above questions. Technorati Tags: Columbus House, columbus houses, Columbus Housing, columbus loans, columbus realtors, columbus [...]
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