Mortgage Advice - Credit Advice

Eliminate Mortgage PMI Faster With Biweekly Payments

Joshua Bucio — Mon, 03 May 2010 14:14:22 +0000

Equity is built faster in your home when making biweekly mortgage payments. Here is a recent post about comparing biweekly vs. regular mortgage payments and seeing the results, year after year. Here is the original post: Avoid PMI Faster With Biweekly Payments

Biweekly Mortgage Payments

Joshua Bucio — Thu, 15 Apr 2010 15:34:34 +0000

You have probably heard about people making biweekly payments on their mortgage, but most don’t really understand the significant savings it can have. Typically, biweekly mortgage payments are setup on an auto payment, where half of your mortgage payment is drafted every 14 days. This equates to two extra half payments a year or one extra [...]

$8000 Tax Credit Extended For Military Buyers

Joshua Bucio — Tue, 13 Apr 2010 16:44:44 +0000

(photo provided by Flickr) It’s last call for those who want to take advantage of the home buyer tax credit. You don’t have to go home, but you can’t stay on the fence any longer. Per the tax credit’s conditions, buyers need to be under contract by April 30. That’s a tight squeeze for buyers still considering [...]

How To Get A Good Price On A Home

Joshua Bucio — Sat, 03 Apr 2010 15:59:43 +0000

After years of working in the real estate business, I’ve learned one of the most important things a buyer needs to know in order to get the best price on a home. There is only one reason why people look to buy foreclosed homes, they think they will get a great deal for the home. Just like [...]

How To Figure Out The Value Of A Home

Joshua Bucio — Wed, 24 Mar 2010 23:41:54 +0000

This kind of mortgage advice can come in handy when looking to buy a home. The home value is determined by similar homes that have recently sold in the area. Here is an easy example: The subject property, meaning the home you are looking at buying, is your standard 3 bedroom, colonial, with about 1500 square feet. Now, [...]

Using Your 401k For A Home Down Payment

Joshua Bucio — Thu, 11 Mar 2010 22:32:35 +0000

If you have a 401k account, you have a down payment for your home. Contact the person who handles your 401k account and ask them about information for borrowing against your 401k. Most 401k plans allow you to borrow against the value of the account. Generally, the max you can borrower is 50% of the current value. [...]

Credit Advice From Gangster Flicks

Joshua Bucio — Fri, 26 Feb 2010 18:51:43 +0000

This is certainly more geared towards the guys, but once I saw the headline it made me want to read and share with everyone. It’s a list of 5 things you can learn about credit from popular gangster movies. Here is the link, enjoy! Credit Advice From Gangster Flicks

Funniest Credit Card Commercial.

Joshua Bucio — Tue, 23 Feb 2010 17:59:47 +0000

Not exactly credit advice or mortgage advice, but thought I’d share the funniest Master Card commercial. Don’t forget to follow on Facebook: http://www.facebook.com/pages/edit/?id=93166950918#!/pages/Milwaukee-WI/Mortgage-Advice-Credit-Advice/93166950918

Mortgage Rates Advice

Joshua Bucio — Thu, 18 Feb 2010 21:27:18 +0000

Mortgage rates will go up this year. (yes, a bold statement) The government has been tapering off the purchase of mortgage backed securities and will finish at the end of the first quarter of 2010. We all know that since the government started to purchase mortgage backed securities back in early 2009,the mortgage rates first dropped, and [...]

Refinance Mortgage Advice

Joshua Bucio — Thu, 11 Feb 2010 19:38:45 +0000

// A mortgage refinance is very important, because the interest rates have been at histoic lowes for so long. Everyday, it seems I hear more and more that the interest rates will increase later this year, because the government has announced they will taper off the purchase of mortgage backed securities. This action will have a direct affect [...]