Archive for the ‘mortgage payment’ Category

What is Mortgage Modification Program?

Anyone who has even a modicum of understanding about the current financial affairs knows the condition of country’s economy. Almost all financial sectors have been hit badly by this economic crunch and mortgage industry is no exception. According to an independent analysis, there are estimated to be seven to eight million borrowers or home owners [...]

Posted by MortgageGuy on August 3rd, 2011 under mortgage payment Tags:  •  No Comments

How true are the “how much house you can afford calculators”?

I filled out one of the calculators and it says I cannot afford a mortgage payment more than 57,0000 or 300 dollars a month, which isn’t true as my rent is $860. So how true are the how much house you can afford calculators true.

Posted by MortgageGuy on April 21st, 2011 under mortgage payment  •  3 Comments

how do I estimate the apporximate market value of a commercial property?

How does one go about assessing the value of a piece of commercial property? the key point is “location, location, location”, yes, the building is in a pretty good location in a older neighborhood where not many transactions per year. also, the seller does not have use a real estate agent. i used the formula [...]

Posted by MortgageGuy on February 7th, 2011 under mortgage payment  •  2 Comments

 

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