April 22, 2014 Leave a comment
My mission is to use this position, power, and money to create opportunities for other people.-Oprah Winfrey
For Whom Wealth Matters
April 20, 2014 Leave a comment
Home loans are one of the most common types of loans in the United States today.The US has many home loan options which make home ownership and investing in residential properties easy.In addition to the conventional fixed rate and adjustable rate mortgages found world-wide,there are VA Loans,FHA Insured loans and HomePath Mortgages that offer simpler and cheaper ways to purchase residential properties.
Lately refinancing has become a particularly popular option for homeowners in the US, struggling in the face of the economic recession, which has in part caused home pricing to rise despite poor sales in the real estate market. Refinancing helps lower mortgage payments and allow a person to stay in their home after a financial setback.Refinancing is also an option exercised by savvy real estate investors who want to take advantage of the historically low interest rates in the US and use the bank’s money to grow rich.
When the mortgage balance exceeds the current property value we have an “underwater” mortgage. Refinancing options on such properties are limited because most lenders require some equity in the property ,ideally about 20 percent.However, borrowers can avail of the US government’s Making Home Affordable program(HARP) instead of going for a Short Sale.This program allows qualified borrowers to refinance a loan that is from 105% to as high as 125% of a home’s value.To qualify for HARP,a person must not be on the road to foreclosure.Any delinquent payments in the past 12 months will automatically disqualify a person from eligibility.Second, either Fannie Mae or Freddie Mac must own the loan. Read more of this post
April 19, 2014 Leave a comment
‘In relationships, when you spend your emotion, time, and efforts with one person over another, you have lost the potential of some other relationship working, perhaps better than this one. If this relationship doesn’t work out, then you should have something to show for it.’-Ginie Sayles
April 19, 2014 Leave a comment
People who are not mercenary in a relationship are not superior. By not being mercenary, they have placed a value on how they can be treated in a relationship. Whether they like it or not, they have said that it doesn’t cost anything to be with them, that they have a zero dollar value.’-Ginie Sayles
April 18, 2014 7 Comments
A diamond ring might not be number one on every woman’s wish list of gifts from her SO.But who amongst us doesn’t enjoy gifts?Personally I find generosity very appealing.And I don’t just mean generosity in the sense of large numbers or even large figures as a proportion of income,savings,net-worth etc.There is something as the perceived intention of the gift ,the time,thought,attention and effort that have gone into procuring it and the the hopes and the freeness with which it is given.The calculation seen behind so many of these responses (Link)is so very repelling.Whats so great about receiving conditional gifts?And do we really want to be with people who judge us by our gift preferences?And where there is a convergence of personal values where is there any scope for any negative judgments?