Mortgage Equity Withdrawal or MEW is the process of obtaining cash through refinancing residential real estate using the accumulated equity as collateral for the loan. This is a cultural pathology because it is not sustainable. Many people became addicted to using their houses as an ATM machine, and when prices fell, these people lost their [...]
Most homeowners do not save money for major improvements and required maintenance, and these homeowners often take out home equity lines of credit as a method of mortgage equity withdrawal to fund home improvement projects. The logic here is that renovations improve the property so an increase in property value offsets the additional debt. This [...]
You might be rightly afraid to deal in real estate in the present scenario since you would not know whether the price of the property that you have just purchased might fall even further before you have a chance to flip it. In this case you should consider short sale real estate investing.
Essentially, a [...]
Turn on a television set at the moment and you see all over the TV is discounts, discounts, discounts… sale, sale, sale!
Discount sales are a great way to save a bit of cash if you are the one buying. But they are fatal if you are the one selling. When money [...]
A very large problem among small business owners who are formulating new or revising old small business marketing plans is a lack of respect for the internet. Many who own small businesses are of the mind that they are already at their maximum capacity for customers and don’t need any more, or that they would [...]
